Wing Finance WING

1. Summary

Ranks

Liquidity

24

Developer

-

Social

80

Momentum (beta)

67

Stack Rank™

-

Price

$5.96 -4.3%

Market Cap

$28.40M (#1112)

Supply

4.70M / 7.64M

Tags

DeFi Binance Launchpool OEC Ecosystem Aptos Ecosystem Binance Labs Portfolio

More Metrics

Price
52W High price	$11.19
52W High date	14th Mar 2024 (9 months ago)
All Time High (ATH) Date	16th Sep 2020 (4 years ago)
ATH Price	$249.54
% From ATH	-97.87%
All Time Low (ATL) Date	12th May 2022 (2 years ago)
ATL Price	$2.07
% From ATL	157.68%

Supply & Trading Volume
Trading Volume (24h)	$2.88M
Total Supply	7.64M
Max Supply	10.00M
Circulating Supply	4.70M

Less Metrics

Description

Wing Finance is a decentralized finance (DeFi) platform that supports cross-chain interactions between various protocols. It was built by the team behind Ontology, a blockchain-based platform designed for enterprise solutions. Wing Finance is focused on the digital asset lending market and aims to create fair and mutually beneficial relationships b...

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Wing Finance is a decentralized finance (DeFi) platform that supports cross-chain interactions between various protocols. It was built by the team behind Ontology, a blockchain-based platform designed for enterprise solutions. Wing Finance is focused on the digital asset lending market and aims to create fair and mutually beneficial relationships between borrowers, creditors, and guarantors through a decentralized governance model and an innovative credit valuation method.

Overview

Wing Finance is built on the concept of credit-based lending and rewards users for developing a good credit history on the blockchain. This is achieved through its decentralized governance model, which allows users to participate in decision-making, product design, and operations. The platform operates on a decentralized autonomous organization (DAO) structure that supports real financial value across its products.

Features

• Cross-chain collaboration: Supports interactions between different DeFi products across various blockchain platforms.
• Decentralized governance: Allows users to participate in decision-making, product design, and operations through a DAO structure.
• Credit-based lending: Offers an innovative credit evaluation module that rewards users for developing good credit on the blockchain.
• Risk control mechanism: Fosters mutually beneficial relationships between borrowers, creditors, and guarantors through its predefined risk control measures.
• Expanding collateral support: Integrates new types of collateral and enables the digitization of real-world assets.

Technical Infrastructure

Wing Finance operates on the Ontology blockchain, which provides a decentralized environment for smart contracts and supports credit element integration. This allows for the management of identity and data from various blockchains in a decentralized manner, ensuring data privacy and richness.

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