Wing

IEO

Last updated: May 29, 2023

Wing has designed and is building a DeFi platform dedicated to the digital asset lending market, supporting cross-chain collaborative interaction between various DeFi products. Wing’s decentralized governance model and risk control mechanism intend to promote a mutually beneficial relationship between borrowers, creditors, and guarantors. In addition, Wing innovatively showcases a credit evaluation module as a strong example of credit-based DeFi.

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Overview

Project industry	Finance Services & Banking / DeFi
Whitepaper	Open

What is Wing

Credit Lending: Next, Wing will launch the IF Pool, which is 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: Wing DAO is a decentralized autonomous organization where community members are encouraged to spontaneously put forward proposals for decentralized financial services. The community has the power to make independent decisions on product launches based on community participation and is autonomous in product application rules such as interest rate adjustment and the termination and cancellation of products.