Wing Finance has developed a DeFi platform, dedicated to the digital asset lending market, supporting cross-network collaboration between various DeFi products. This platform is currently under construction. The decentralized governance model and Wing's risk control mechanism help to promote an equally beneficial relationship between borrowers, lenders and guarantors. In addition, Wing is showcasing a truly innovative credit scoring module as a credit-based example of DeFi.
Contents:
Description of the Wing Finance project
Wing encourages new community input to create more decentralized financial products and co-build a decentralized credit financial ecosystem with the Wing DAO community.
Some features:
| 1 | WING tokens are distributed, based on the user's contribution to DeFi projects on the Wing platform. |
| 2 | Currently, WING tokens can be earned by performing supply, loan and insurance activities in the Flash Pool and Inclusive Pool. |
| 3 | Holders of WING tokens can participate in the governance of the Wing DAO community. This includes voting on new product launches, WING token rules, Wing DAO community fund allocation and other new governance proposals for the community possibly. |
A daily continuous issue of WING tokens is assigned to each product, based on the transaction volume of DeFi products on the Wing platform. Each product distributes WING tokens among the debtor, creditor and guarantors, who provide deposits in accordance with the existing distribution rules.
The remaining 20% will be held in an escrow account for the Wing DAO Community Fund to provide long-term community governance, risk control and emergency response.
Additional data
The site has an introductory document and WhitePaper. You will find information about the project and answers to questions there.
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The smart contract doesn't have an audit. The platform runs in English and Chinese.