Wing WING
Report IssueWing has developed a DeFi platform designed for the digital asset lending market, supporting cross-chain collaboration between various DeFi products. This platform is currently being created. Wing's decentralized governance model and risk control mechanism are designed to promote equally beneficial relationships between borrowers, lenders and guarantors.
Details
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Score Sentiment Neutral
Fundraising Statistics
Binance Tier 1 WINGWing
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Short Review Wing
Crypto project Wing (WING) is classified as a DeFi. Wing is a Utility token that is hosted on the OEP-4 Network. The current total supply is 4.13 M WING (Circulating Supply + Tokens yet to be released - Burned Tokens). (6.50% of total tokens) have been allocated for the public sale. The level of social activity of the Wing project is assessed as High.
Wing ICO Overview
Public sale of tokens will take place on the Binance Launchpad. Estimated date for the public token sale: 15 October 2020. (WING) You can purchase project tokens for BNB BUSD ONT
WING Price Chart
The launch of WING token trading took place on 16 September 2020.
Fundraising Rounds
| Investment Round | Date | Price | Funds Raised |
| Launchpool | September 15, 2020 | -- | -- |
Wing Investors
Binance Tier 1Detailed review of Wing Finance (WING)
Wing Finance is a DeFi project created to support various types of collaborations within DeFi products. The concept's decentralized management system and risk management mechanism are aimed at stimulating mutually beneficial relationships between creditors, debtors and guarantors. In addition, Wing provides a unique credit scoring module that rewards people for building excellent credit on the blockchain.
WING is a governance token. It is intended for voting to improve proposals and decide what the project's future directions will be. An additional use case is staking.
The Wing Finance Project (WING)
Wing Finance was launched in August 2020 by members of the Ontology team, another fairly popular crypto project. The basic idea is to build a credit-based reputation that can help you achieve financial freedom.
Advantages of Wing Finance (WING)
- Tokenomics. Wing’s policy is called “buy and burn”. The project generates monthly income, and team members spend half of it to buy WING tokens from the market to burn them later. This will not affect the TVL and profit model, but will certainly reduce the total number of WINGs in circulation in the market. This also helps make the asset more valuable.
- Security. Wing worked for two years without hacker attacks (at least the team did not detect them). As for DeFi projects, this is an unusual situation.
Disadvantages of Wing Finance (WING)
- A young project. Wing Finance seems to be a green concept, but it was launched 2 years ago. However, not all features work well and only a small number of assets are supported.
- High fees Some users claim that WING transaction fees are too high. However, this point is very subjective.
