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About Wing Finance(WING)
What is Wing (WING)?
Wing is a platform that enables crypto-asset lending and cross-chain communication between DeFi projects. The platform is designed to make crypto lending services more inclusive by removing the need for large collaterals through a credit evaluation module. Wing is a DAO that allows users to participate in decision-making, product design, and operations.
Wing uses decentralized governance and a risk control mechanism to improve relationships between creditors, borrowers, and guarantors. This has led to an increase in the number of DeFi projects utilizing the platform. One of the main goals of Wing DAO is to solve the issue of over-collateralization in the DeFi industry.
The platform is focused on a decentralized and autonomous governing community and allows for the creation of new blockchain projects. Wing DAO has built a credit-based DeFi protocol that runs on the Ontology (ONT) blockchain in response to the issues faced by other DeFi projects. The protocol is fully controlled by the users and requires no third parties to confirm transactions.
How does Wing (WING) Work?
Wing Finance is a decentralized platform that operates through a unique governance model and risk control mechanism. The platform aims to enhance relationships between creditors, borrowers, and guarantors, thereby increasing accessibility to DeFi projects. Wing Finance also features a credit-scoring system called OScore, which evaluates users' lending/borrowing history and digital asset information. This system reduces the collateral required for loans on the platform, incentivizing users to maintain a good credit score. Additionally, Wing Finance allows users to create collateral pools across different blockchains, enabling the digitization and management of new and existing assets. Project developers can receive crowdfunding through the platform, while participants can contribute to decision-making and receive compensation through smart contracts.
What makes Wing (WING) Unique?
Wing has a unique feature that allows users to set up a DAO proposal or become an investor on the platform without prior knowledge or interaction with the blockchain. Project developers can receive crowdfunding when they submit proposals, while investors can contribute to decision-making and earn a share of future profits through smart contracts. Wing is built on the Ontology blockchain, which enables the digitization of new and existing assets. The blockchain also has a credit-scoring system called OScore, which evaluates the lending/borrowing history and digital asset information of users. Users have full control over their accounts and can access their OScore securely to ensure data privacy. Borrowers on the platform have reduced collateral requirements since they rely on their OScore data for loans. In Wing's inclusive pool, users are incentivized to maintain a good credit score, and those who repay their loans on time may enjoy lowered interest rates. Other DeFi platforms similar to Wing include Uniswap and AAVE.
WING to local currency
Crypto calculator- 1 WING to USD$5.82
- 1 WING to JPY5.820676
- 1 WING to VND5.820676
- 1 WING to RUB5.820676
- 1 WING to EUR (Español)5.820676
- 1 WING to TRY5.820676
- 1 WING to EUR (Italiano)5.820676
- 1 WING to EUR (Français)5.820676
- 1 WING to EUR (Deutsch)5.820676
- 1 WING to CNY5.820676
- 1 WING to TWD5.820676
- 1 WING to EUR (Português)5.820676
- 1 WING to IDR5.820676
- 1 WING to THB5.820676
- 1 WING to PLN5.820676
- 1 WING to UAH5.820676
- 1 WING to UZS5.820676
- 1 WING to SAR5.820676
- 1 WING to PHP5.820676
Trade WING perpetual futures
After having successfully signed up on Bitget and purchased USDT or WING tokens, you can start trading derivatives, including WING futures and margin trading to increase your income.
The current price of WING is $5.82, with a 24h price change of -0.51%. Traders can profit by either going long or short onWING futures.
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Wing Finance news
See moreBlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”
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Wing Finance Social Data
In the last 24 hours, the social media sentiment score for Wing Finance was 3, and the social media sentiment towards Wing Finance price trend was Bullish. The overall Wing Finance social media score was 0, which ranks 967 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Wing Finance being mentioned with a frequency ratio of 0.01%, ranking 600 among all cryptocurrencies.
In the last 24 hours, there were a total of 395 unique users discussing Wing Finance, with a total of Wing Finance mentions of 61. However, compared to the previous 24-hour period, the number of unique users increase by 1%, and the total number of mentions has decrease by 30%.
On Twitter, there were a total of 0 tweets mentioning Wing Finance in the last 24 hours. Among them, 0% are bullish on Wing Finance, 0% are bearish on Wing Finance, and 100% are neutral on Wing Finance.
On Reddit, there were 0 posts mentioning Wing Finance in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning Wing Finance. Compared to the previous 24-hour period, the number of mentions decrease by 0%.
Visão geral das redes sociais
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