# Flash Pool (Ontology EVM)

This guide is designed for ONTO Wallet users who want to mine WING tokens in Wing Flash Pool (Ontology EVM) by supplying, borrowing, or insuring assets.

## **Download ONTO and Create an ONT ID**

[Download ONTO App and create an ONT ID Wallet](https://ontology-1.gitbook.io/onto/guides/app-basics/how-to-register-an-account-on-onto-wallet)

[Add Chain Wallet in ONTO Wallet](https://ontology-1.gitbook.io/onto/guides/wallet-management/how-to-create-an-ont-id-digital-identity-wallet)

If you use ONTO Web Wallet, click[ here](https://chrome.google.com/webstore/detail/onto-wallet/ifckdpamphokdglkkdomedpdegcjhjdp) and "Add to Chrome '' to install the[ extension](https://chrome.google.com/webstore/detail/onto-wallet/ifckdpamphokdglkkdomedpdegcjhjdp).

If you use MetaMask, click[ here](https://chrome.google.com/webstore/detail/metamask/nkbihfbeogaeaoehlefnkodbefgpgknn) and "Add to Chrome" to install the[ extension](https://chrome.google.com/webstore/detail/cyano-wallet/dkdedlpgdmmkkfjabffeganieamfklkm). After installation, you must first set up the network environment: [Details](https://docs.ont.io/guides-and-tutorials/development-guides/smart-contract-dev/evm-contract/development-environment-and-tools#network-info).

## **Add Ontology EVM Assets**

ONG is by default shown on the Assets page; other Ontology EVM assets need to be added manually. Tap on the "+" button on the Assets page, enter **the name of the asset** to **search and add**.

[Adding and Submitting New Token Type](https://publicdocs.gitbook.io/onto/guides/assets/adding-and-submitting-new-token-type)

## **Making Asset Swaps**

Assets need to be transfered or bridged to Ontology EVM before participating in Wing’s Flash Pool (Ontology EVM).

[Use Ontology Bridge to bridge OEP-4 tokens to ORC-20 tokens](https://docs.wing.finance/guide-1/ontology-bridge-transfer)

[Use Poly Bridge to cross chain tokens from other chain to OEP-4 tokens](https://docs.wing.finance/guide-1/polynetwork-cross-chain-transfer/with-onto-on-mobile)

## **Enter Wing Flash Pool (Ontology EVM)**

* Click “**Discover**” at the bottom bar
* Input “**Wing  Flash Pool**” in the search bar and select “**Wing Flash Pool (Ontology EVM)**”
* Click “**Confirm”**

![](https://3730995086-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MJP_Z6dq1ohzr1zOvcp%2Fuploads%2FQLxfzPgHjzKYMLLn6hJs%2F%E6%88%AA%E5%B1%8F2022-03-23%20%E4%B8%8B%E5%8D%884.55.13.png?alt=media\&token=412d2628-df26-49e6-9f16-01a83df54bc0)

## **Supply Assets in Wing Flash Pool (Ontology)**

* Click the “**Supply**” area in the WING line
* Click “**Approve”-“Confirm**” and enter the password in the “**SUPPLY**” tab in the pop-up window (only required for the first time)

![](https://3730995086-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MJP_Z6dq1ohzr1zOvcp%2Fuploads%2FFEm7m0cZCR1lBTvIcdkT%2FSupply1-2.png?alt=media\&token=774c9e01-269c-4ca5-9457-3e89efe0eada)

* Enter the amount of assets to be supplied, Click “**SUPPLY**” **->** “**Confirm**”, and enter the password in the pop-up window to complete supplying

![](https://3730995086-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MJP_Z6dq1ohzr1zOvcp%2Fuploads%2FT6IguwhlfXR51SM2gdSg%2FSupply3-5.png?alt=media\&token=0266bfe5-e5d4-426f-8ca8-0db2146bfc29)

## **Borrow Assets in Wing Flash Pool (Ontology EVM)**

{% hint style="info" %}
One address cannot borrow and supply the same asset at the same time. For the purpose of this guide, we are supplying WING to borrow ONG.
{% endhint %}

### **Turning on the Collateral Switch**

* Toggle the switch under “**Collateral**” in the WING line under “**All Markets**”
* Click “**Enable WING As Collateral**” **-**“**Confirm**”, and enter the password in the pop-up window

![](https://3730995086-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MJP_Z6dq1ohzr1zOvcp%2Fuploads%2FPQHCqTFzLeYrbDAElt7h%2FCollateral1-3.png?alt=media\&token=205a0453-c239-4d5f-8266-4813bce15b27)

If you want to turn off the “**Collateral**” switch, just toggle the switch back under “**Collateral**”.

### **Borrowing Assets**

If you want to obtain WING rewards through borrowing, you need to transfer enough WING to the address for locking WING in advance before borrowing.

* Click the “**Borrow**” area in the ONG line
* Click “**Approve**”**-**“**Confirm**” and enter the password in the “**BORROW**” tab in the pop-up window (only required for the first time)
* Enter the amount of assets to be borrowed. Click “**BORROW**” **-** “**Confirm**”, and enter the password in the pop-up window to complete borrowing

![](https://3730995086-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MJP_Z6dq1ohzr1zOvcp%2Fuploads%2Fu3IDVa2i6TXxi11nmEHf%2FBorrow1-2.png?alt=media\&token=11b5e94d-ade3-4046-a9ca-900283a243fd)

{% hint style="info" %}
After the loan is successful, you can see the ratio under “**Borrow Limit**” under “**My Dashboard**”. After reaching 100%, it will be liquidated. Please repay the loaned assets or increase the collateral assets when the ratio is approaching 100%.
{% endhint %}

## **Insure WING in Wing Flash Pool (Ontology EVM)**

* Click “**Insure WING**” under “**All Markets**”
* Click “**Approve**”**-**“**Confirm**” and enter the password in the pop-up window (only required for the first time)
* Enter the amount of assets to be insured. Click “**INSURE**” **-** “**I understand the rules and wish to proceed**.”**-**“**Confirm**”, and enter the password in the pop-up window to complete insurance

![](https://3730995086-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MJP_Z6dq1ohzr1zOvcp%2Fuploads%2F6nylT4T8GJVpVDQjSkPl%2FInsure1-3.png?alt=media\&token=a060f06b-7ccd-40d2-a56e-1ffd80382e6d)

{% hint style="info" %}
1）The total amount of assets you supply, borrow or insure will be displayed on the “**Supply**”, “**Borrow**” and “**Insurance**” page respectively under “**Current Position**”.

2）To Withdraw or Repay, find the asset in “**Current Position**” and click the asset line, then click the “**WITHDRAW**” or “**REPAY**” tab, fill in the amount of assets to withdraw or repay, click “**WITHDRAW**” or “**REPAY**” button **->** “**Confirm**”.
{% endhint %}


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