What is Wing Finance? Wing Finance (WING) is a DeFi-based blockchain project that offers high interest earnings to its users. In this article, you can find answers to frequently asked questions such as what is Wing Finance, what it offers, how it works, what is WING coin, what is it used for, how to buy it. As Kriptokoin.com, we have prepared it for our curious readers.
What is Wing Finance? What does WING offer?
Wing Finance is a blockchain project that provides credit-based decentralized finance (DeFi) services. The project is a decentralized platform and allows communication between cryptocurrency lending services and DeFi projects. The platform works as a Decentralized Autonomous Organization (DAO). Users can participate in the management, product design and operations of the platform.
Built on the Ontology blockchain, the platform offers users the opportunity to earn secure interest income. The platform consists of borrowers, lenders and guarantors. Lenders can receive interest income from the people they lend. In addition, the DeFi platform allows credit development and encourages its users with rewards. Users who transact or lend on the platform can earn token rewards.
In addition, Wing Finance allows to create collateral pools between different blockchains. The project has a credit rating service called OScore. OScore assigns credit ratings to users based on their credit history. It also provides users with privacy and security. The project also has partnerships with many major blockchain projects and organizations. These institutions include DEFI PULSE, PolyNetwork, SushiSwap, ICHI, and Miror.
What is WING coin? What is it used for?
WING coin is a token that serves as the native cryptocurrency of the credit-based DeFi project. WING is a governance token as well as being the native token of the platform. On the platform that works as a DAO, WING owners can vote on the decisions taken regarding the future of the project. The maximum supply of the WING token is set at 5 million units. Wing Finance users can make various transactions through WING.
WING holders can give loans and earn interest income on the platform. Token holders can also earn through the credit enhancement service. Users can participate in WingDAO through WING. Users participating in WingDAO are rewarded with incentive rewards by the platform. With a market cap of $24.2 million at the time of writing, WING coin was the 751st largest cryptocurrency. In addition, 2.4 million tokens were in circulation, accounting for 49% of the maximum supply.
How to get WING coin?
Investors interested in the Wing Finance project are searching for exchanges where the token is listed. Wing coin is currently listed by crypto exchanges such as Binance, Gate.io, OKEx, and OpenOcean. Interested investors can purchase WING tokens by being a full member of one of these exchanges and depositing money.
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