Türkçe
Español
Wing Finance is a protocol developed by the team behind Ontology, a corporate blockchain solution protocol. The developers aimed to address issues present in mainstream financial products distributed in DeFi. With the process designed primarily to introduce credit elements to the area, Ontology launched Wing Finance.
What is Wing Finance (WING)?
Wing Finance ($WING) is a credit-based, cross-chain lending platform in DeFi. Its main goal is to make digital credit services more accessible to everyone through a credit evaluation module that eliminates large collateral requirements.
The credit assessment framework operates around the OScore system, a mechanism built on Ontology. OScore is an independent reputation and credit assessment system for DeFi. It functions through the application of identifiers and credentials supported in cross-chain transactions.
Simply put, it is a system that provides a credit assessment tool impacting a user’s assets or balance and their history of managing digital assets. To achieve this, OScore assigns a digital identity to a user’s assets, such as those based on Bitcoin 
$0.000034, Ethereum 
$2,070, and Ontology. This helps the system determine a user’s credit score.
Ontology is working to integrate more assessment functions and on-chain data into the OScore system.
The WING token is the native service token of Wing Finance. It is used to support the platform’s reward system and voting mechanisms.
The community can vote on protocol parameters in Wing’s three main pools: the lending pool, the borrowing pool, and the risk control margin pool. Examples of functions subject to community voting include the types of assets available for borrowing, minimum and maximum borrowing and lending amounts, and other risk control requirements.
Where to Buy WING Coin?
WING Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. WING Coin is traded on Binance with WING/BTC, WING/USDT, WING/BNB, and WING/BUSD pairs.
To purchase WING, you must first register on the Binance exchange. Once registered, transfer cryptocurrency or fiat currency to your Binance account wallet. After completing the transfer, you can purchase WING Coin from any of the above-mentioned trading pairs. To buy from the WING/USDT trading pair, go to its interface. Enter the desired amount in the limit section of the WING/USDT interface, and complete the purchase with a Buy WING order.
