Wing is described to be a credit-based, cross-chain DeFi lending platform dedicated to crypto-asset lending and cross-chain interactions between DeFi products. The project’s decentralized governance model and risk control mechanism are described to promote a mutually beneficial relationship between borrowers, creditors, and guarantors. Wing has also developed a credit evaluation module as a showcase example of credit-based decentralized lending.

There are several project highlights:

Flash Pool: As the first product on Wing, the Flash Pool claims to support assets lending and it has introduced Insurance Pool to lower assets risks. It is claimed that users can earn rewards in Wing from the Flash Pool by lending, loaning, and depositing. It currently supports assets like ONT, ETH, wBTC, USDT & DAI.

Credit Lending: It is also claimed that Wing will launch the IF Pool, a credit-based lending product where users with an OScore can deposit assets which value is 80% or higher than that of the assets borrowed.

Community Proposals: It is further claimed that Wing DAO is where community members are encouraged to submit proposals for DeFi services. The community would be able to make decisions independently on product launches. The model also allows autonomy in product application rules like interest rate adjustment, the termination and cancellation of products.

Governance

WING token holders may participate in the governance of the Wing DAO community. This includes voting for the launch of new products, product application rules of the WING token, allocation of the Wing DAO community fund, and possibly other new governance proposals for the community.

Incentive

The daily constant release of WING tokens is assigned to each product based on the transaction volume of DeFi products on the Wing platform. Each product will allocate WING tokens to the debtor, creditor, and guarantors who in turn provide deposits according to the existing allocation rules.

Release

80% of the total supply of WING tokens will be released regularly as liquid incentives and deposit-based incentives. The remaining 20% will be kept in an escrow account for the Wing DAO community fund in order to ensure long-term community governance, risk control, and emergency response actions.

How and Where to Buy WING?

WING has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchange and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy …

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…

Source: Coin Introduction <https://morioh.com/p/d925733e3c30>