| Assets | Supply | Borrow |
|---|---|---|
| USDT | $500 | $100 |
| USDC | $200 | $500 |
| WETH | $100 | $100 |
| COMP | $200 | $200 |
| DAI | $300 | $100 |
| Assets | Supply WING distribution Amount per day | Borrow WING distribution Amount per day |
|---|---|---|
| USDT | 103.68/5/2= 10.368 | 103.68/5/2= 10.368 |
| USDC | 103.68/5/2= 10.368 | 103.68/5/2= 10.368 |
| WETH | 103.68/5/2= 10.368 | 103.68/5/2= 10.368 |
| COMP | 103.68/5/2= 10.368 | 103.68/5/2= 10.368 |
| DAI | 103.68/5/2= 10.368 | 103.68/5/2= 10.368 |
### bToken \ bToken represents ownership of the assets provided to the Wing Bond Pool.These tokens are issued to users who deposit assets into the pool, acting as proof of their share in the pool. Each bToken corresponds to a supported asset on the TAC. The number of bTokens held reflects the amount of underlying collateral a user has deposited. Transaction details for each bToken can be accessed on the TAC chain via token addresses and smart contracts. Currently, bTokens support types of assets on the TAC:\ To Be Determined\ Transaction details for each bToken can be accessed on the TAC, and token addresses are as follows:\ To Be Determined ### Interest Calculation Interest calculations are essential for both bond issuers and subscribers. Here’s a simplified explanation: 1. APR Definition\ The APR (Annual Percentage Rate) is the annual interest rate that bond issuers pay to bondholders. This rate is set by the issuer and must be at least 3% for bonds in the Wing Bond Pool. The APR remains fixed for the bond’s duration. 2. Interest Calculation Formula\ Interest paid by the bond issuer is calculated using the following formula:\ WING received =\ Number of Bonds purchased by the subscriber / 1+APR×(MaturityDate−CurrentDate)/3651+APR×(MaturityDate−CurrentDate)/365\ Interest =\ WING received × APR × (Maturity Date - Current Date) / 365 3. Example\ Assume a bond issuer issues 200 Bond-WING bonds, with WING priced at 4 USDT, an APR of 3%, and the borrowing period is 100 days: 4. * WING received = 200 / 1+31+3 ≈ 198.37 WING * Interest = 198.37 WING × 3% × (100 / 365) ≈ 1.63 WING In this scenario, the bond issuer would need to pay approximately 1.63 WING in interest over the 100-day period. ### Practical Examples: Bond Issuance and Liquidation Example 1: Bond Issuance\ A user wants to issue 200 Bond-WING with 1,000 USDT as collateral, and the collateral factor for USDT is 0.8. The user’s issuance limit would be calculated as follows: * 1,000 USDT × 80% = 800 USDT * At a WING price of 4 USDT, the issuance limit would be:\ 800 USDT ÷ 4 USDT = 200 Bond-WING This means the user can issue 200 Bond-WING tokens based on their collateral. Example 2: Liquidation Process\ If a bond issuer’s Health Factor falls below 1, liquidation is triggered. For example, if the issuer’s collateral is 1,000 USDT, and they’ve issued 200 Bond-WING at a WING price of 4 USDT, and the WING price rises to 5.1 USDT, the bond's value now exceeds the collateral’s value: * 160 Bond-WING can be liquidated. * If a user liquidates 160 Bond-WING at the new price of 5.1 USDT, they would receive:\ 160 × 5.1 × (1 + 8%) ≈ 881.28 USDT This process allows the liquidator to profit while returning the collateral to bondholders. ### Quick-Reference Table for Key Parameters and Risks | Parameter | Description | Value | | ----------------- | -------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------- | | Collateral Factor | The maximum amount a user can borrow using a specific asset as collateral. Each asset’s collateral factor is determined based on its risk profile. | Varies by asset | | Health Factor | Indicates the health of a bond. If this factor drops below 1, liquidation is triggered. | > 1.2(Healthy) | | Liquidation Bonus | A bonus given to liquidators who repay loans at a discount. | To Be Determined | | Reserve Factor | A percentage of interest that goes to the Wing DAO Community Fund. | 1% | | Liquidation Fee | Charged during liquidation and deducted from the liquidated collateral value. | 5% | | APR Minimum | The minimum Annual Percentage Rate that bond issuers must set when issuing bonds. | 3% | \
### Gas Costs \ Transaction fees may fluctuate. The amounts shown below are for reference only:\ To Be Determined ## Parameters \ Key Parameters and Formulas in Bond Pool ### Collateral Factor \ The collateral factor is a parameter that limits the maximum amount a user can borrow using a specific asset as collateral. Each asset in the Bond Pool has a specific value associated with its risk, which affects how it can be borrowed. As the Wing ecosystem is mature with some educated users and liquidators, the parameter calibration of the Wing Project is more aggressive. The table below shows the collateral factors for each asset. (To Be Determined) ### Liquidation Bonus in Bond Pool \ If a borrower's address reaches 100% of the borrowing limit, the borrower's collateral assets will be liquidated. Liquidators can repay loans at the discounts listed below to earn liquidation bonuses. (To Be Determined) ### Reserve Factor in Bond Pool \ The reserve factor is the percentage of the interest paid by issuers that is deposited into the Wing DAO Community Fund.\ At settlement, issuers must pay an additional 1% fee based on the value of the collateral. ### Health Factor in Bond Pool \ Health Factor (HF) = (Value of Collateral \* Collateral Factor) / Total Outstanding Debt Value\ Healthy (Green) > 1.2;\ 1 < Normal (Yellow) ≤ 1.2;\ Dangerous (Red) ≤ 1. When the health factor is less than 1, liquidation is triggered.\ \ Health Factor (HF) Calculation Formula:\ Health Factor = Collateral Value \* Collateral Factor / Total Value of Outstanding Debt\ If an issuer has multiple collaterals in the same bond, the formula for the Health Factor is:\ Health Factor = Collateral Value 1 \* Collateral Factor 1 + Collateral Value 2 \* Collateral Factor 2 + ... / Total Value of Outstanding Debt ### Reserve Fee in Bond Pool \ There is no reserve fee when issuers issue bonds, but they must pay the corresponding blockchain transaction fees.\ Subscribers need to pay a reserve fee of 3% based on the value of interest when purchasing bonds, which is collected in the underlying token. (Whether the fee is part of the reserve factor is to be determined) ### Liquidation Fee \ If the issuer does not repay all debts on the bond's maturity date, system-led liquidation is triggered, and the total liquidated collateral will be distributed to bondholders in proportion to their holdings. During liquidation, the system will charge a liquidation fee of 5% of the value of the liquidated collateral. ### Issuance, Repayment, Trading, Redemption, and Liquidation Issuance Process: 1. Select a bond type (e.g., Bond-WING). 2. Provide a supported digital asset as collateral. 3. The maximum bond issuance value is determined by the collateral factor. 4. Bonds will be deposited directly into the issuer’s wallet and start earning rewards. Repayment: * Issuers can repay bonds at any time using the underlying tokens. * No penalties for early repayment. Failure to repay triggers system-led liquidation. Trading: * Bonds can be freely traded at the issuer’s set APR and number of bonds issued. * Any user holding the corresponding underlying assets can purchase bonds. Redemption: * Upon bond maturity, bondholders receive either the underlying tokens or, in the case of partial repayment, a mix of tokens and collateral. *** #### Staking Subscribers can stake their bonds for additional WING rewards. Issuers, however, cannot stake bonds directly. Staking rewards are calculated based on the staking period and bond type, stopping when the bond matures. *** ## NOTE
### Flash Pool Borrowing Interest Rate Model \ The APR is the annual interest rate charged to the borrower. In the Bond Pool, the APR is set by the bond issuer (borrower) and must be greater than or equal to 3%.
## Mechanisms
The Wing Bond Pool encompasses issuance, trading, liquidation, staking, and redemption mechanisms.
### Incentive Mechanism
First, the incentives for an asset will be distributed among the issuance pool, borrowing pool, and staking pool according to the following ratios: | Pool | Ratio | | ------------- | ---------------- | | Issuance Pool | To Be Determined | | Staking Pool | To Be Determined | Next, specific tokens will be allocated based on a fixed WING incentive distribution ratio. The WING incentive distribution ratio for each other asset will then be based on a competitive allocation model. Parameters for the competitive allocation model used in calculating the WING incentive distribution for each asset: (Whether to continue using the competitive model and which types of bonds are included is to be determined)
### Issuance, Repayment, Trading, Redemption, Liquidation, and Staking
#### Issuance When issuing a single bond, the collateral and the borrowed underlying asset cannot be the same asset. If a user wants to issue a bond on Wing, they can only use other supported digital assets as collateral, and the type of collateral is predetermined by the system. The bond issuance value will not exceed the value of (collateral value \* collateral factor). Users need to select a bond type (loan type) based on their needs and provide at least one asset as collateral from the options provided by the system. Each asset has a collateral factor that determines the maximum amount of bonds that can be issued when using the asset as collateral. For example, if a user wants to issue a Bond-WING bond and provides 1,000 USDT as collateral, with a collateral factor of 0.8 for USDT and a current WING price of 4 USDT, the user’s issuance limit would be:\ 1,000 USDT \* 80% = 800 USDT = 800 / 4 = 200 Bond-WING.\ The value of the bonds and the underlying assets are pegged at a 1:1 ratio.\ The collateral factors for different assets are listed here:\ To Be Updated Once the bond is successfully issued, the bonds will be directly deposited into the user’s wallet in the form of tokens and will start earning incentive rewards immediately. The trading of issued bonds is unrestricted. To avoid liquidation due to token price fluctuations, it is recommended that users do not exceed 80% of the borrowing limit (use the 80% limit button). Bond Issuance Interest Rate and Interest The Annual Percentage Rate (APR) is the annual interest rate charged to the issuer. In the Bond Pool, the APR is set by the bond issuer (borrower) and must be at least 3%. In the Bond-WING pool, the actual interest paid by the bond issuer depends on the amount of WING paid by the subscriber when purchasing Bond-WING. For a Bond-WING bond, the interest model for bond issuers paying subscribers is:\ WING received = Number of Bonds actually purchased by the subscriber / \[1 + APR \* (Maturity Date - Current Date) / 365 days]\ Interest = WING received \* APR \* (Maturity Date - Current Date) / 365 days Example 1:\ If a bond issuer issues 200 Bond-WING, with WING priced at 4 USDT, sets an APR of 3%, and the borrowing period is 100 days, then the interest they need to pay is:\ WING received = 200 / \[1 + 3% \* (100 / 365)] ≈ 198.37 WING\ Interest = 198.37 \* 3% \* (100 / 365) ≈ 1.63 WING #### Repayment The bond issuer can repay the bond at any time using the underlying tokens of the bond. No penalties are incurred for repayment before the settlement period; bonds not repaid within the settlement period will be liquidated. This type of liquidation differs from user liquidation and is conducted by the system itself. The value of the collateral to be liquidated is slightly higher than the unpaid collateral value, and the total liquidated collateral will be distributed to bondholders proportionally. The value of the liquidated collateral is calculated as:\ Liquidated Collateral Value = Unpaid Bond \* WING Price \* (1 + 1% + 5%)\ (5% is the Liquidate Fee, 1% is the Reserve Fee) After liquidation, the issuer’s outstanding debt is reset to zero. The order of collateral liquidation follows the sequence set by the administrator. Example 1:\ For a Bond-WING bond, if the bond issuer issues 200 Bond-WING with collateral of 1,000 USDT, and on the maturity date, the issuer repays 100 Bond-WING, triggering liquidation:\ Liquidated Collateral Value = 100 \* 4 \* (1 + 1% + 5%) = 424 USDT\ Remaining collateral of 576 USDT, and the debt is reset to zero.\ Compared to repaying the bond, an additional 24 USDT is paid. The remaining collateral can be carried over to the next period, allowing the issuer to issue a new series of bonds or withdraw the collateral. #### Trading After issuing bonds, the bond issuer can sell their bonds according to their set APR and the number of bonds issued during the validity period of the listing.\ Any user who holds the corresponding underlying assets of the bonds can purchase them. The model for the underlying assets (loan) received by the bond issuer through selling bonds is as follows:\ Received underlying assets = Number of bonds sold / \[1 + APR \* (Maturity Date - Issuance Date) / 365] Example 1:\ For Bond-WING, if a bond issuer issues 200 Bond-WING with collateral of 1,000 USDT, WING priced at 4 USDT, an APR set at 3%, and a maturity period of 100 days, and sells 100 Bond-WING before the listing expires:\ Received underlying assets = 100 / \[1 + (3% \* 100 / 365)] ≈ 99.917 WING For bond subscribers, purchasing 100 Bond-WING bonds requires paying not only the value of the bonds themselves but also a 3% fee of the earned interest. The model is as follows:\ WING paid = Number of bonds actually purchased by the subscriber / \[1 + APR \* (Maturity Date - Current Date) / 365 days]\ Interest = WING paid \* APR \* (Maturity Date - Current Date) / 365 days\ Total amount paid = WING paid + Interest \* 3% Substitute into the formula:\ WING paid = 100 / \[1 + (3% \* 100 / 365)] ≈ 99.185 WING\ Interest = 99.185 \* 3% \* (100 / 365) ≈ 0.815 WING\ Total amount paid = 100 / \[1 + (3% \* 100 / 365)] + 0.815 \* 3% = 99.209 WING #### Liquidation When the Health Factor of a bond falls below 1.05, the bond will appear on the liquidation list.\ If the Health Factor of a bond issued by the bond issuer falls below 1, liquidation will be triggered, and any user holding the corresponding underlying assets can participate in the liquidation. The maximum amount of bonds that can be liquidated from the liquidation pool is 80%.
Users participating in liquidation can receive liquidation incentives for the corresponding collateral, which is as follows:\ To be determined. Example 1:\ For Bond-WING, if a bond issuer issues 200 Bond-WING with collateral of 1,000 USDT, WING priced at 4 USDT, and the price of WING rises to 5.1 USDT, the bond's value exceeds the collateral \* collateral factor value, and the Health Factor falls below 1, triggering liquidation.\ A user can liquidate up to 160 Bond-WING. Suppose User 1 fully liquidates 160 Bond-WING; User 1 can obtain:\ 160 \* 5.1 \* (1 + 8%) = 881.28 USDT\ User 1 actually pays for 160 WING and earns 65.28 USDT based on the current price. #### Staking After purchasing bonds, subscribers can earn additional WING rewards through staking. Issuers cannot directly stake bonds.\ Specific rewards are calculated based on the staking period and the quantity of each type of bond, and calculation stops at the bond's maturity, with results displayed uniformly.\ Reward rules to be updated. #### Redemption When the bond matures, regardless of the current bondholder (issuer or purchaser), bond redemption will depend on whether all issuers have fully repaid the bond debt.\ If fully repaid, bondholders will receive the underlying tokens.\ If partially repaid, bondholders will receive the underlying tokens plus a portion of the collateral. The formulas are as follows: Redemption when bonds are fully repaid:\ Received underlying tokens = Redemption amount / Held bond amount \* (My held bonds / Total issued bonds) \* Total repaid WING Redemption when bonds are not fully repaid:\ Received underlying tokens = Redemption amount / Held bond amount \* (My held bonds / Total issued bonds) \* Total repaid WING\ Received collateral amount = Redemption amount / Held bond amount \* (My held bonds / Total issued bonds) \* Liquidated collateral Example 1:\ For Bond-WING, suppose the total pool issued 10,000 Bond-WING, a bond issuer issued 200 Bond-WING, WING priced at 4 USDT, APR set at 3%, with a maturity period of 100 days, and all bonds are purchased by the subscriber. At maturity, the issuer fully repays the bonds, and all issuers in the pool complete the repayment.\ Underlying tokens received = 200 / 200 \* (200 / 10,000) \* 10,000 = 200 Example 2:\ For Bond-WING, suppose the total pool issued 10,000 Bond-WING, a bond issuer issued 200 Bond-WING, WING priced at 4 USDT, APR set at 3%, with a maturity period of 100 days, all bonds are purchased by the subscriber, and all issuers in the pool repay a total of 8,000 Bond-WING. The collateral value is 3.5 ETH, worth 9,000 USDT. Currently, the subscriber wants to redeem all 200 Bond-WING.\ Received underlying tokens = 200 / 200 \* (200 / 10,000) \* 8,000 = 160 WING\ Received collateral amount = 200 / 200 \* (200 / 10,000) \* 3.5 = 0.07 ETH (valued at 180 USDT or 45 WING)\ This redemption results in: 160 WING + 0.07 ETH (worth 205 WING)
# NFT Pool This guide is designed for users who want to mine WING tokens in Wing NFT Pool by supplying, borrowing, or insuring assets. Go to the Wing NFT Pool website at
WING was released at 0.06 WING/Sec
Incentives: ONT 1x
(1x stands for 1 time)
| Released WING tokens as incentives | | September 15, 2020 | Support pWBTC、pRENBTC、pUSDC |Incentives: ONTd 1x
0.6 WING/Sec
Incentives: ONTd 10x, pWBTC 1x, pRENBTC 1x, pUSDC 1x
|0.3 WING/Sec
Incentives: ONTd 5x, pWBTC 5x, pRENBTC 5x, pUSDC 5x
| Started Phase Two of the Mining Celebration | | September 22, 2020 | Support pETH | / | Incentives: **pETH 5x** | | | September 23, 2020 | Launch borrowing, lending and insuring features, Support ONTd, WING, pWBTC, pRENBTC, pUSDC and pETH | / |Basic Interest Rate: 2.52%
Distribution ratios (Borrowing : Lending : Insuring) : 45% : 45% : 10%
Reserve Factor: 5%
Collateral factor: ONTd 0%, WING 0%, pWBTC 50%, pRENBTC 50%, pUSDC 80%, pETH 80%
| Launched borrowing, lending and insuring features | | September 25, 2020 | Change WING’s distribution rate | 0.3 WING/Sec | **0.18** **WING/Sec** | Started Phase Three of the Mining Celebration | | September 25, 2020 | Support pDAI and pUSDT | / |Collateral factor: pDAI 80%, pUSDT 60%
Incentives; pDAI 5x, pUSDT 5x
| | | September 30, 2020 | Change WING’s distribution rate and assets incentives |0.18 WING/Sec
Incentives: WING 10x, ONT 5x, WBTC 5x, RENBTC 5x, USDC 5x, ETH 5x
|0.06 WING/Sec
Incentives: ONT 1x, WBTC 1x, RENBTC 1x, USDC 1x, ETH 1x
| Mining Celebration ended | | September 30, 2020 | WING was eliminate from the group of assets available in the borrowing, lending and insuring features |WING Incentives: 10x
The Insurance Pool stayed open where WING could be supplied.
WING insurance lock: 72h
|WING Incentives：0x
The Insurance Pool was closed and WING could not longer be used as supply
WING insurance lock: 0h
| WING returned to its role as the governance token | | September 30, 2020 | Increase collateral factor of ONTd | 0% | **50%** | | | September 30, 2020 | Support pNEO and pSUSD | / |Collateral factor: pNEO 50%, pSUSD 80%
Incentives: pNEO 1x, pSUSD 1x
| | | September 30, 2020 | Support pUNI | / |Collateral factor: 65%
Incentives: 1x
| WIP-02 | | October 14, 2020 | Increase the Reserve Factor | 5% | **15%** | WIP-05 | | October 26, 2020 | Re-support WING for lending, borrowing and insuring | / |Collateral factor: 40%
Incentives: 1x
Enable the WING Insurance feature
Insurance lock time: 72 hours
| WIP-06 | | October 30, 2020 | Change WING's distribution rate | 0.06 WING/Sec | **0.036 WING/Sec** | WIP-08 | | November 9, 2020 | Use WING as the sole insurance asset |All assets in the Insurance Pool 10% received the allocated 10% of the total WING incentives
| Only **WING** in the Insurance Pool receives the allocated 10% of the total WING incentives | WIP-10 | | November 10, 2020 | Support ONG | / |Collateral factor: 40%
Incentives: 1x
| WIP-11 | | November 19, 2020 | Change WING's incentives model for borrowed assets | All borrowed assets could earn WING incentives | Borrowed assets can earn WING incentives **only if with 3% of the value of the borrowed assets' WING locked** | WIP-14 | | December 1, 2020 | Increase collateral factor of pUSDT | 60% | **80%** | WIP-16 | | December 15, 2020 | Allow the same WING address to insure while supplying or borrowing | WING under a single address can only participate in one of Supplying, Borrowing, or Insuring at the same time | WING under a single address can **insure while supplying or borrowing at the same time** | WIP-18 | | December 17, 2020 | Increase the insured WING reimbursement rate | 70% | **100%** | WIP-17 | | December 25, 2020 | Change interest rate model | / | Introduce a kink point into the interest rate model at **utility of 80%** | WIP-15 | | December 25, 2020 | Change WING's incentive distribution model | Based on interest per asset | Based on **utility\*borrowed** **amount** per asset | WIP-20 | | December 31, 2020 | Increase collateral factor of pwBTC and prenBTC | 50% | **75%** | WIP-21 | | January 8, 2021 | Increase collateral factor of ONTd | 50% | **60%** | WIP-22 | | January 14, 2021 | Support pYFI | / |Collateral factor: 55%
Incentives: 1x
| WIP-19 | | Mar 25, 2021 | Lower the liquidation bonus of pUSDC, pDAI, pUSDT and pSUSD | 8% | 5% | WIP-23 | | Mar 25, 2021 | WING locked by borrowers | / | Be eligible for voting | WIP-25 | | Apr 6, 2021 | Change WING's incentive distribution model | 0.036 WING/Sec | Distribute WING incentives based on the median borrow amount from the previous day among pools | WIP-28 | | July 19, 2021 | Adjust Collateral Factors for ONG, pYFI | Collateral factor: ONG 40%, pYFI 55% | Collateral factor: **ONG 45%, pYFI 50%** | WIP-41 | | August 9, 2021 | Adjust Reserve Factors for | Reserve Factor: All 15% | Reserve Factor: **pSUSD 20%, ONTd 20%, pNEO 20%, pUNI 20%, pYFI 25%, ONG 25%, WING 30%，pUSDT 10%, pUSDC 10%** | WIP-42 & WIP-43 | | August 30, 2021 | Adjust Collateral Factors for pNEO, pETH, ONG | Collateral factor: ONG 45%, pETH 80%, pNEO 50% | Collateral factor: **ONG 55%, pETH 85%, pNEO 55%** | WIP-45 | | September 15, 2021 | Adjust Liquidation Bonuses for pSUSD, pETH, WING | Liquidation Bonus: pSUSD 5%, pETH 8%, WING 8% | Liquidation Bonus: pSUSD **8%, pETH 5%, WING 10%** | WIP-46 | | September 12, 2021 | Change WING's distribution rate | 0.036WING/Sec | 0.03WING/Sec | According to the Release Mode of WING Token and WIP-8 | | April 15, 2022 | Add FLM to the Wing Flash Pool (Ontology) | / |Collateral Factors: FLM 45%
Liquidation Bonus: FLM 10%
Reserve Factor:
FLM 25%
Weight:
FLM 2x
| WIP-55 | | May 19, 2022 | Optimize the Competitive Distribution Model | Adjustment Cycle: Real-time |Adjustment Cycle:
7 days
| WIP-58 | | May 23, 2022 | Launch Wing on the Ontology EVM | / | Asset Collateral Factors: WING (40%), ONT (60%), ONG (50%), ETH (85%), WBTC (75%), USDT (80%), USDC (80%) | WIP-54 | | Sep 12, 2022 | Change WING's distribution rate | 0.03 WING/Sec | 0.024 WING/Sec | According to the Release Mode of WING Token and WIP-8 | | Jul 20, 2023 | Suspend the burn operation | / | / | Due to the Poly Network hack incident, the burning process was urgently halted. | | Sep 12, 2023 | Change WING's distribution rate | 0.024WING/Sec | 0.018 WING/Sec | According to the Release Mode of WING Token and WIP-8 | | Mar 30, 2024 | Delist prenBTC in Wing Flash Pool | / | Adjustment Cycle: Real-time | WIP-64 | | Mar 30, 2024 | Solution for Wing Flash Pool (Ontology EVM) Interest Rate Error | / | The total amount in the Reserve is about $111,113.08, and the total amount of Reserve compensation is $87,777.13. The amount of Reserve will end up with $111,113.08-$87,777.13=$23,335.87. | WIP-65 | | Mar 30, 2024 | Set Lending Interest to 0% for Ontology Flash Pool | / | Set Lending Interest to 0% | WIP-69 | | Sep 12, 2024 | Change WING's distribution rate | 0.018 WING/Sec | 0.012 WING/Sec | According to the Release Mode of WING Token and WIP-8 | # Flash Pool (Ethereum) Changelog of Flash Pool (Ethereum) | Date | Updates | Before | After | Description | | ---------------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------- | | Apr 6, 2021 | | | | |
|
Launch Wing Flash Pool (Ethereum), Support pWING, pONT, oneWING, USDT, ETH, WBTC
Distribute pWING incentives based on the median borrow amount from the previous day among pools
Collateral factor: pWING 40%, pONT 60%, oneWING 85%, USDT 80%, ETH 80%, WBTC 75%
Liquidation Bonus：wBTC 8%, ETH 8% , pONT 8% , pWING 8%, USDT 5%, oneWING 5%
| Launched borrowing, lending and insuring features | | | June 21，2021 | Support USDC, DAI, UST | / |Collateral factor: UST 55%, USDC 80%, DAI 75%
Liquidation Bonus: UST 5%, USDC 5%, DAI 5%
| WIP-34 | | July 6, 2021 | Support xICHI | / | Collateral Factor：**35%** Liquidation Bonus：**8%** | WIP-40 | | August 9, 2021 | Adjust Reserve Factors for | Reserve Factor: All 15% | Reserve Factor: **UST (20%), pONT (20%), oneWING (20%), pWING (30%), xICHI (30%), USDT(10%), USDC(10%)** | WIP-42 & WIP-43 | | August 23, 2021 | Support PAXG | / |Collateral Factor：50%
Liquidation Bonus：8%
Reserve Factor：20%
| WIP-44 | | August 30, 2021 | Adjust Collateral Factors for ETH, oneWING | Collateral factor: ETH 80%, oneWING 85% | Collateral factor: **ETH 85%, oneWING 80%** | WIP-45 | | September 15, 2021 | Adjust Liquidation Bonuses for ETH, UST, oneWING, pWING, xICHI | Liquidation Bonus: ETH 8%, UST 5%, oneWING 5%, pWING 8%, xICHI 8% | Liquidation Bonus: **ETH 5%, UST 8%, oneWING 10%, pWING 10%, xICHI 15%** | WIP-46 | | October 9, 2021 | Add LINK, UNI, BAL, SNX, SUSD, and xSUSHI to the Wing Flash Pool (Ethereum) for borrowing and lending | / |Collateral Factor: LINK 65% UNI 55% BAL 45% SNX 50% SUSD 60% xSUSHI 50%
Liquidation discount: LINK 8% UNI 8% BAL 10% SNX 8% SUSD 8% xSUSHI 8%
Reserve Factor :
LINK 20% UNI 20% BAL 25% SNX 25% SUSD 20% xSUSHI 25%
| WIP-47 | | December 17, 2021 | Add oneWING (New), adjust Reserve Factor for oneWING (Legacy) | / |Collateral Factor: 70%
Liquidation discount: 8%
Reserve Factor : 15%
| WIP-50 | | February 22, 2022 | Adjust Collateral Factors for xICHI | Collateral factor: xICHI 35% | Collateral factor: **xICHI 40%** | WIP-53 | | February 24, 2022 | Adjust Collateral Factors for oneWING (Legacy) | Collateral factor: oneWING (Legacy) 50% | Collateral factor: **oneWING (Legacy) 45%** | WIP-50 | | March 3, 2022 | Adjust Weight for oneWING(New) | Weight: oneWING(New) **10x** | Weight: oneWING(New) **1x** | WIP-50 | | March 10, 2022 | Adjust Collateral Factors for oneWING (Legacy) | Collateral factor: oneWING (Legacy) 45% | Collateral factor: **oneWING (Legacy) 40%** | WIP-50 | | June 2, 2022 | Adjust Collateral Factors for UST and oneWING (Legacy) | | Collateral factor: **UST 0%, oneWING (Legacy) 0%** | WIP-50, WIP-59 | | August 1, 2022 | Optimize the Competitive Distribution Model | Adjustment Cycle: Real-time |Adjustment Cycle:
7 days
| WIP-58 | | March 16, 2024 | Further Reduction of xICHI Collateral Factor | 35% | 15% | WIP-68 | | June 29,2024 | Adjusting Borrowing Functionality of the xICHI Pool on Wing Finance | / | 0% | WIP-71 | # Flash Pool (OKC) Changelog of Flash Pool (OKExChain) | Date | Updates | Before | After | Description | | --------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------- | | May 13, 2021 | | | | |
|
Launch Wing Flash Pool (OEC), Support WING, OKT, USDT , USDC, BTCK , ETHK
Distribute WING incentives based on the 90th percentile of borrow amount from the previous day among pools
Collateral factor: WING 50%, OKT 65%, USDT 70%, USDC 70% , BTCK 65%, ETHK 65%
Liquidation Bonus：WING 8%, OKT 8%, USDT 5%, USDC 5%, BTCK 8%, ETHK 8%
| Launched borrowing, lending and insuring features | | | May 31, 2021 |Support DOTK, OKB, LINKK, SUSHIK, UNIK, DAIK.
Increase the collateral factors of non-WING assets
Collateral factor: DOTK 65%, OKB 70%, LINKK 65%, SUSHIK 50%, UNIK 60%, DAIK 75%
Liquidation Bonus：DOTK 8%, OKB 8%, LINKK 8%, SUSHIK 8%, UNIK 8%, DAIK 5%
Adjustment Cycle:
7 days
| WIP-58 | # Flash Pool (BNB Chain)| Date | Updates | Before | After | Description |
|---|---|---|---|---|
| Nov 8, 2021 | Launch Wing Flash Pool (BSC), Support WING, ONT, BTCB, ETH, BNB, USDT , BUSD, USDC, DOT, ADA, BCH, XRP, DAI, LINK, LTC, DOGE, CAKE, FIL | / | Distribute WING incentives based on the 90th percentile of borrow amount from the previous day among pools Collateral factor: WING 40%, ONT 60%, BTCB 75%, ETH 85%, BNB 75%, USDT 80%, BUSD 70%, USDC 80% , DOT 60%, ADA 65%, BCH 65%, XRP 65%, DAI 75%, LINK 60%, LTC 65%, DOGE 55%, CAKE 55%, FIL 60% Liquidation Bonus：WING 10%, ONT 8%, BTCB 5%, ETH 5%, BNB 5%, USDT 5%, BUSD 5%, USDC 5% , DOT 8%, ADA 8%, BCH 8%, XRP 8%, DAI 5%, LINK 8%, LTC 8%, DOGE 8%, CAKE 8%, FIL 8% | WIP-33 |
| January 20, 2022 | Add ONG to the Wing Flash Pool (BSC) | / | Collateral Factor: ONG 50% Liquidity Bonus： ONG 8% Reserve Factor： ONG 25% Weight： ONG 1x | WIP-52 |
| August 1, 2022 | Optimize the Competitive Distribution Model | Adjustment Cycle: Real-time | Adjustment Cycle: 7 days | WIP-58 |
| Aug 6th, 2024 | Proposal to Close BUSD Pools and Gradually Reduce Interest Rates | / | Adjustment Cycle: Two weeks | WIP-73 |
| Date | Updates | Before | After | Description |
|---|---|---|---|---|
| March 23, 2022 | Launch Wing Flash Pool (Ontology EVM), Support WING, WONT, ONG, ETH, WBTC, USDT, USDC | / | Distribute WING incentives based on the 90th percentile of borrow amount from the previous day among pools Collateral factor: WING 40%, WONT 60%, ONG 50%, ETH 85%, WBTC 75%, USDT 80%, USDC 80% Liquidation Bonus：WING 10%, WONT 8%, ONG 8%, ETH 5%, WBTC 8%, USDT 5%, USDC 5% Reserve Factor: WING 30%, WONT 20%, ONG 25%, ETH 15%, WBTC 15%, USDT 10%, USDC 10% | WIP-54 |
| August 1, 2022 | Optimize the Competitive Distribution Model | Adjustment Cycle: Real-time | Adjustment Cycle: 7 days | WIP-58 |
| Date | Updates | Before | After | Description | |
|---|---|---|---|---|---|
| July 15, 2022 | Launch Wing NFT Pool, Support CryptoPunks, MAYC, BAYC, Meebits, Azuki, CloneX | / | Collateral Factor: CryptoPunks, MAYC, BAYC, Meebits, Azuki, CloneX 40% Reserve Factor: CryptoPunks, MAYC, BAYC, Meebits, Azuki, CloneX 10% | WIP-60 | |
September 1, 2022 | Launch NFT down Payment and sell NFTs in Protocal feature | / | Support NFT Downpayment and Sell NFTs in Protocal | / | |
| December 23, 2022 | Launch sell NFTs in Wallet feature | / | Support Sell NFTs in Wallet | ||
| Mar 30th, 2024 | Suspend NFT Pool's Operation | / | Suspension Cycle: Real-time | WIP-70 |
| Date | Updates | Before | After | Description | |
|---|---|---|---|---|---|
| April 26, 2023 | Launch Wing Peer-to-Peer Pool, Support ETH, COMP, DAI, USDC, USDT | / | Collateral Factor: ETH 82.5%, COMP 65%, DAI 83.5%, USDC 85.5%, USDT 0 Liquidation Bonus: 8% | WIP-66 | |
| Oct 14th, 2024 | Adjust the Reserve Factor for Assets in the P2P Pool | 0 | 20% | WIP-74 |
Pool distribution coefficient: Inclusive Pool 2x;
Distribution ratios (Borrowing : Lending : Insuring) : 40% : 30% : 30%;
Commission Fee: 15%
Incentives: pUSDT 1x, pUSDC 1x, pDAI 1x
| Launched borrowing, lending and insuring features | # Buyback Buyback history Until the latest buyback, **146,321.944066520** WING tokens (**14.6%** of 1M) have been bought back and burnt. Since [WIP-04 voting](https://wing.finance/vote?anchor=wip04) was successfully passed, the Wing team has started the buyback process of a total of 1 million WING tokens. The WING tokens will be bought back gradually with 100% of monthly reserves going towards the repurchase the 1st month, followed subsequently with a 10% decrease each subsequent month until the buyback rate flattens out at 50% of monthly reserve. The buyback will end once a total of 1 million WING tokens have been repurchased. **Buyback address (Since 2024/6):** [0x718bEab6aFBa6FCF2Bc8f5b3fAd31c0cf6eF1f02](https://bscscan.com/address/0x718bEab6aFBa6FCF2Bc8f5b3fAd31c0cf6eF1f02#tokentxns) **Auction contract address (Since 2020/12)**: [AKT7V3ruy8gzKzd3YvMsjZtGRxGanCRgFV](https://explorer.ont.io/address/AKT7V3ruy8gzKzd3YvMsjZtGRxGanCRgFV/ALL/10/1) **Token burn address:** [AFmseVrdL9f9oyCzZefL9tG6UbvhPbdYzM](https://explorer.ont.io/address/AFmseVrdL9f9oyCzZefL9tG6UbvhPbdYzM/ALL/10/1)## October 2020 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | WING | 79.441792675 | | pDAI | 3550.529224659036107371 | | pSUSD | 29277.905202385710075254 | | pNEO | 15.54888569 | | pUNI | 785.727414202963023979 | | pWBTC | 0.01601613 | | prenBTC | 0.65280812 | | pUSDC | 3075.325502 | | ONTd | 230.913896231 | | pETH | 0.382090855702306396 | | pUSDT | 11426.148588 | **Reserve percentage**: 100% **WING Amount**: 5,112.922660665 ## November 2020 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | pUSDT | 3828.900430 | | pNEO | 3.32404641 | | ONTd | 49.513467294 | | prenBTC | 0.00123837 | | pUSDC | 8827.394850 | | pDAI | 39101.382848373687825652 | | pUNI | 84.296618015024556238 | | ONG | 1192.447928156 | | pWBTC | 0.00618634 | | WING | 78.121193140 | | pETH | 0.488930537289666204 | | pSUSD | 62085.931971993978999484 | **Reserve percentage**: 90% **WING Amount**: 10,708.204547 ## December 2020 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | pWBTC | 0.00983681 | | prenBTC | 0.02261735 | | pUSDC | 29859.028084 | | WING | 425.838997300 | | pSUSD | 44925.474568915918287918 | | pUNI | 190.42078344005420509 | | ONG | 1905.899099947 | | ONTd | 7.405665194 | | pETH | 0.683510266064990724 | | pDAI | 861.143240915204197405 | | pUSDT | 614.801532 | | pNEO | 62.66409180 | **Reserve percentage**: 80% **WING Amount**: 4,542.934075662 ## January 2021 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | prenBTC | 0.01496023 | | pUSDC | 20844.441248 | | WING | 718.769140841 | | pDAI | 1328.223351516794625118 | | pUSDT | 1783.225327 | | ONG | 328.806370873 | | pYFI | 0.000000039969916276 | | pWBTC | 0.00278837 | | ONTd | 1.293606790 | | pETH | 0.386584026380703226 | | pSUSD | 88770.947285717164918797 | | pNEO | 12.09615791 | | pUNI | 35.522899772671361417 | **Reserve percentage**: 70% **WING Amount**: 5,465.596456546 ## February 2021 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | prenBTC | 0.04875208 | | pDAI | 1622.046859833459496525 | | pUSDT | 7990.567173 | | pSUSD | 78671.729022503426925745 | | pNEO | 9.90846101 | | pUNI | 111.873259148108907009 | | ONG | 433.638176591 | | pWBTC | 0.00049261 | | ONTd | 2.997946283 | | pUSDC | 33393.569453 | | WING | 650.510168102 | | pETH | 0.297728087434792109 | **Reserve percentage**: 60% **WING Amount**: 3,186.256090381 ## March 2021 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | pWBTC | 0.0388845 | | prenBTC | 0.01486388 | | pUSDC | 133777.106086 | | pETH | 0.203012628464837 | | pDAI | 5494.31801188913 | | pSUSD | 127694.766241816 | | pNEO | 30.57123726 | | ONG | 492.181110342 | | ONTd | 10.955923198 | | WING | 482.730979923 | | pUSDT | 22895.254921 | | pUNI | 344.421927220531 | **Reserve percentage**: 50% **WING Amount**: 3,719.161315052 ## April 2021 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | pWBTC | 0.57104829 | | prenBTC | 0.00162492 | | pUSDC | 239587.184914 | | pETH | 0.247919675608987651 | | pDAI | 7912.952748953693108238 | | pSUSD | 219084.416538909459481319 | | pNEO | 160.86320392 | | ONG | 335.133996129 | | ONTd | 20.451500200 | | WING | 155.802229816 | | pUSDT | 48456.907692 | | pUNI | 13.337795239538123118 | **Reserve percentage**: 50% **WING Amount**: 7,763.798992392 ## May 2021 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | pWBTC | 0.22088366 | | prenBTC | 0.00216517 | | pUSDC | 286830.293102 | | pETH | 1.922949167690883278 | | pDAI | 6623.129937375890710844 | | pSUSD | 165830.312290889544213136 | | pNEO | 136.89970237 | | ONG | 325.601425767 | | ONTd | 26.455030875 | | WING | 210.068291915 | | pUSDT | 120556.163137 | | pUNI | 20.835625783377090957 | **Reserve percentage**: 50% **WING Amount**: 15,402.755128895 ## June 2021 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | pWBTC | 0.14054734 | | prenBTC | 0.00130621 | | pUSDC | 45021.239534 | | pETH | 5.140505210922035189 | | pDAI | 2037.623608309779019813 | | pSUSD | 23279.93476706524063496 | | pNEO | 30.80282728 | | ONG | 184.514813546 | | ONTd | 82.375696646 | | WING | 133.512663651 | | pUSDT | 37455.750175 | | pUNI | 56.676766851604574965 | **Reserve percentage**: 50% **WING Amount**: 4,156.90182106 ## July 2021 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | pWBTC | 0.06960031 | | prenBTC | 0.01693887 | | pUSDC | 34466.870731 | | pETH | 9.457302816646860555 | | pDAI | 3591.397107717417099641 | | pSUSD | 49650.992589055259657683 | | pNEO | 8.79489342 | | ONG | 17.860208172 | | ONTd | 193.929224281 | | WING | 230.346980711 | | pUSDT | 12985.254077 | | pUNI | 8.053783208545413692 | **Reserve percentage**: 50% **WING Amount**: 3,971.117398388 ## August 2021 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | pWBTC | 0.08079556 | | prenBTC | 0.03716074 | | pUSDC | 53372.830903 | | pETH | 3.329675996874182726 | | pDAI | 5315.803681234585900904 | | pSUSD | 44948.142068077465175883 | | pNEO | 8.31912799 | | ONG | 39.477491367 | | ONTd | 290.941424579 | | WING | 317.930865481 | | pUSDT | 42808.497206 | | pUNI | 6.646876150778135042 | **Reserve percentage**: 50% **WING Amount**: 3,525.615143384 ## September 2021 | Assets | Total **Reserve** per Asset | | ------- | --------------------------- | | pWBTC | 0.16108097 | | prenBTC | 0.0472066 | | pUSDC | 46967.714114 | | pETH | 2.870293125841326717 | | pDAI | 339.111753718401653538 | | pSUSD | 103203.666713721815074074 | | pNEO | 206.36337059 | | ONG | 67.992435271 | | ONTd | 289.9636884 | | WING | 206.217339007 | | pUSDT | 26043.006289 | | pUNI | 6.066610723532611561 | **Reserve percentage**: 50% **WING Amount**: 5,744.919302705 ## October 2021
| Assets | Total Reserve per Asset |
|---|---|
| Assets | Total Reserve per Asset |
| pWBTC | 0.12967081 |
| prenBTC | 0.05271519 |
| pUSDC | 41882.222853 |
| pETH | 2.804902615081211996 |
| pDAI | 383.467909626755636718 |
| pSUSD | 77899.660139891739544789 |
| pNEO | 109.34802464 |
| ONG | 89.877301082 |
| ONTd | 342.533717807 |
| WING | 168.537566037 |
| pUSDT | 8248.83523 |
| pUNI | 9.335678163371149838 |
| Assets | Total Reserve per Asset |
| ONG | 34.207591755 |
| pNEO | 39.34071525 |
| pUNI | 9.040725330563020032 |
| pDAI | 333.140403654833835022 |
| pUSDC | 4832.308185 |
| WING | 239.522748027 |
| pETH | 0.79871266892866224 |
| pSUSD | 11186.21846696996044672 |
| FLM | 11237.01293707 |
| pWBTC | 0.15071693 |
| prenBTC | 0.0581844 |
| ONTd | 308.346110953 |
| pUSDT | 1019.643848 |
| Assets | Total Reserve per Asset |
| ONG | 34.763265271 |
| pNEO | 53.4441455 |
| pUNI | 9.162514554527776631 |
| pDAI | 111.446910446115359349 |
| pUSDC | 4132.446903 |
| WING | 120.230263722 |
| pETH | 0.980732413071035221 |
| pSUSD | 11602.576925042575631763 |
| FLM | 4211.43289402 |
| pWBTC | 0.08300996 |
| prenBTC | 0.06011074 |
| ONTd | 384.380656923 |
| pUSDT | 515.420716 |
| Assets | Total Reserve per Asset |
| ONG | 17.719204859 |
| pNEO | 34.84909848 |
| pUNI | 11.138516043828718103 |
| pDAI | 255.69306546364006855 |
| pUSDC | 3637.466906 |
| WING | 550.025302865 |
| pETH | 1.325551855886169652 |
| pSUSD | 13040.39337538962468145 |
| FLM | 6995.20108056 |
| pWBTC | 0.17727458 |
| prenBTC | 0.07739124 |
| ONTd | 764.397840846 |
| pUSDT | 369.552646 |
| Assets | Total Reserve per Asset |
| ONG | 18.748427229 |
| pNEO | 28.41947642 |
| pUNI | 17.399984729613468363 |
| pDAI | 237.633593689656172209 |
| pUSDC | 5316.273931 |
| WING | 327.557013842 |
| pETH | 3.168461851912261858 |
| pSUSD | 19734.104443828138779654 |
| FLM | 8630.94335496 |
| pWBTC | 0.12282097 |
| prenBTC | 0.08487578 |
| ONTd | 296.5485465 |
| pUSDT | 242.400489 |
| Assets | Total Reserve per Asset |
| ONG | 8.858626615 |
| pNEO | 19.77633418 |
| pUNI | 9.870139585986817837 |
| pDAI | 91.130623332075687854 |
| pUSDC | 3578.943393 |
| WING | 208.362803607 |
| pETH | 2.255380838629754757 |
| pSUSD | 14749.488276849924992925 |
| FLM | 2900.62290169 |
| pWBTC | 0.1046225 |
| prenBTC | 0.07442517 |
| ONTd | 373.479963268 |
| pUSDT | 202.646454 |
| Assets | Total Reserve per Asset |
| ONG | 11.492467905 |
| pNEO | 166.46336137 |
| pUNI | 4.500026882932449733 |
| pDAI | 119.706110318767676981 |
| pUSDC | 4734.592775 |
| WING | 133.293831802 |
| pETH | 9.143960686107238151 |
| pSUSD | 11624.631871190078367173 |
| FLM | 4694.32771420 |
| pWBTC | 0.08551849 |
| prenBTC | 0.05171296 |
| ONTd | 1327.58853558 |
| pUSDT | 400.457287400.457287 |
| Assets | Total Reserve per Asset |
| ONG | 135.6273845 |
| ONT | 92.5984 |
| pUSDC | 18410.73 |
| pWBTC | 0.0007309 |
| WING | 182.9015998 |
| pUSDT | 5452.83 |
| pETH | 0.015740748 |
| Assets | Total Reserve per Asset |
| OKB | 325.4246449 |
| LINKK | 32.43012884 |
| SUSHIK | 180.50661272 |
| UNIK | 27.76433191 |
| DAIK | 13,657.96890585 |
| WING | 666.76480639 |
| USDT | 3,236.88168905 |
| USDC | 12,816.54897869 |
| BTCK | 0.01000065 |
| ETHK | 0.0922094 |
| DOTK | 10 |
| Assets | Total Reserve per Asset |
| USDT | 268.545542 |
| NEO | 9.30973603 |
| FLM | 27.20218254 |
| ETH | 4.488448075738006206 |
| ONG | 292.474206956 |
| WBTC | 0.05726557 |
| ONT | 1524.620971935 |
| USDC | 7097.555615 |
| WING | 73.536092801 |
| DAI | 76.611435329811894758 |
| SUSD | 53.200252981833465562 |
| UNI | 13.692991110458364677 |
| Assets | Total Reserve per Asset |
| USDT | 34.455752 |
| NEO | 2.33904008 |
| FLM | 119.79434062 |
| ETH | 4.243424982205654891 |
| ONG | 176.142946445 |
| WBTC | 0.43362513 |
| ONT | 11590.164045502 |
| USDC | 2013.436464 |
| WING | 104.850617881 |
| DAI | 20.779870888652663395 |
| SUSD | 6.808745678984874569 |
| UNI | 0.59753000317058395 |
| Assets | Total Reserve per Asset |
| USDT | 27.056964 |
| NEO | 52.83117791 |
| FLM | 79.82571953 |
| SUSD | 0.95175370304540486 |
| ONG | 188.683040108 |
| UNI | 9.593607781218417895 |
| ONT | 42049.94306349 |
| USDC | 262.210879 |
| WING | 85.389830677 |
| DAI | 11.854823833085379065 |
| ETH | 1.443222602457083555 |
| Assets | Total Reserve per Asset |
| USDT | 2.647843 |
| NEO | 41.10344306 |
| FLM | 156.43587563 |
| SUSD | 1.002406504652861465 |
| ONG | 277.44463751 |
| UNI | 18.856046575026832596 |
| ONT | 79265.284377268 |
| USDC | 216.566392 |
| WING | 47.324191371 |
| DAI | 12.521843415416531982 |
| ETH | 0.326527261923176845 |
| Assets | Total Reserve per Asset |
| USDT | 96.642708 |
| NEO | 2.33720495 |
| FLM | 126.93857494 |
| SUSD | 7.621472513419672087 |
| ONG | 112.414957330917992541 |
| UNI | 53.736349031466195486 |
| ONT | 46.299280758 |
| USDC | 897.468037 |
| WING | 7,218.066064621 |
| DAI | 63.013000318882871669 |
| ETH | 5.393912580691589338 |
| Assets | Total Reserve per Asset |
| ONG | 117 |
| ONT | 177 |
| BTCB | 0.0029 |
| BUSD | 592 |
| ETH | 0.206 |
| BNB | 15.2 |
| Assets | Total Reserve per Asset |
| DAI | 6792 |
| CAKE | 1669 |
| Assets | Total Reserve per Asset |
| USDC | 10000 |
| Assets | Total Reserve per Asset |
| USDC | 10000 |
| Assets | Total Reserve per Asset |
| USDC | 10000 |
| Assets | Total Reserve per Asset |
| USDC | 10000 |
| Assets | Total Reserve per Asset |
| USDC | 10000 |
| Assets | Total Reserve per Asset |
| USDC | 10000 |
Media Exposure: 1,973.31 WING
Influencers Engagement: 28.60 WING
YouTubers: 375.90 WING
AMA’s: 50.68 WING
Community Campaigns: 104.00 WING
Media Exposure: 872.73 WING
Youtubers: 1,533.08 WING
Community Campagins: 103.93 WING
| | January 2021 |Media Exposure: 14.3568 WING
Youtubers: 493 WING
Community Campaigns: 41.7 WING
Liquidity Mining Campaigns: 3,035.2 WING
Translation: 25.67 WING
| | February 2021 | Community Activity: 44.9 WING | | March 2021 |Community Activity: 28.87 WING
Media Purchase: 9.95 WING
| | April 2021 |Community: 46.21WING
Media: 804.03 WING
Youtubers: 596.76 WING
Translation: 203.24 WING
MKT Materials Production: 400 WING
Liquidity Mining Campaigns: 2,001 WING
| | May 2021 |Community: 509.99 WING
Media: 1,755.41 WING
Campaign: 6,521 WING
KOLs: 596.76 WING
Translations: 300 WING
MKT Materials Production: 500 WING
| | June 2021 |Community: 621.23 WING
Media: 1,211.08 WING
Campaign: 4,001 WING
Translations: 600 WING
MKT Materials Production: 600 WING
Community: 450.62 WING
Media: 1,800.89 WING
Campaign: 4,001 WING
Translations: 600 WING
MKT Materials Production: 800 WING
| | August 2021 |Community: 420.735 WING
Media: 1,500.89 WING
Campaign: 16,010 WING
Translations: 500 WING
MKT Materials Production: 300 WING
| | September 2021 |Community: 102.38 WING
Media: 300 WING
Activity Campaign: 776 WING
Translations: 100 WING
MKT Materials Production: 100 WING
| | October 2021 |Community: 18.92 WING
Campaign: 900.77 WING
| | November 2021 |Community: 29.50 WING
Campaign: 18,671.13 WING
Media: 26.89 WING
| | December 2021 |Community: 5,792.30 WING
Campaigns: 2,005 WING
Media: 24.07 WING
| | January 2022 |Community: 3 WING
Campaigns: 2,005 WING
| | February 2022 |Community: 30 WING
Liquidity: 14,005 WING
| | March 2022 |Campaign: 186.01 WING
Liquidity: 4,000 WING
| | April 2022 |Campaign: 34 WING
Liquidity: 537 WING
| | May 2022 | Campaign: 19 WING | | June 2022 | Campaign: 31 WING | | July 2022 |Community Activities: 188 WING
Media: 1,786 WING
| | August 2022 | Community Activities: 56 WING | | September 2022 | Community Activities: 12 WING | | October 2022 | Community Activities: 536.93 WING | | November 2022 | Community Activities: 3 WING | | December 2022 | Community Activities: 4.68 WING | | January 2023 | Community Activities: 15.68 WING | | February 2023 | 0 WING | # FAQ ## **1. Where can I buy WING?** You can purchase WING from various exchanges including: * Centralized Exchanges (CEX): Binance, Gate.io, MEXC, Bitget, CoinW, CoinEx, CoinDCX * Decentralized Exchanges (DEX): OpenOcean (Ontology), SushiSwap (Ethereum), BabySwap (BSC)## **2. How can I stake WING?** You can stake WING by insuring or supplying it in Flash Pools to earn WING incentives. For detailed tutorials, visit[ Wing Finance's website](https://wing.finance/).
## 3. What is the maximum supply of WING? The maximum supply of WING is 5 million tokens. This was clarified in accordance with the token supply changes mentioned in[ this article](https://medium.com/wingfinance/clarification-on-wing-tokens-supply-metrics-and-distribution-c3ba20609389). ## 4. What is the circulating supply of WING? The circulating supply of WING depends on the token buyback plan. For detailed information, please refer to[ Wing Finance's distribution page](https://wing.finance/wingdistribution).
## 5. Does Wing Finance have a deflation mechanism? Yes, in line with the WIP-08 voting results, WING's final total supply has been reduced to 5 million. Additionally, a buyback process of 1 million WING tokens has been initiated by the Wing team.
## 6. Why was the maximum supply reduced from 10 million to 5 million? Following the WIP-08 vote results, WING's final total supply was lowered to 5 million. For more information, refer to[ WIP-08 details](https://wing.finance/vote?anchor=wip08).
## 7. What are the contract addresses of WING? WING has been deployed on various chains, and here are the contract addresses for each: * OEP-4 (WING | Ontology): 00c59fcd27a562d6397883eab1f2fff56e58ef80 * ERC-20 (pWING | Ethereum): 0xDb0f18081b505A7DE20B18ac41856BCB4Ba86A1a * KIP-20 (WING | OKC): 0x7a47ab305b8a2a3f4020d13fa9ef73cddcc0e7d4 * BEP-20 (WING | BNB Chain): 0x3cb7378565718c64ab86970802140cc48ef1f969 * ORC-20 (WING | Ontology EVM): 0x6ea9f7B81bdEB047d63A023b1F28Bea481a5785a
## 8. What wallets can hold WING? Supported wallets include: ONTO Wallet (mobile), Huobi Wallet (mobile), ONTO Web Wallet (Chrome), Metamask (Chrome), and Wallet Connect (Chrome). ## 9. How to participate in buyback? Wing Buyback starts on the 23rd of each month. You can buy stablecoins and assets on the Ontology Chain at a discount, with the discount increasing by 1% every day. Join the auction by opening ONTO, going to the “Discover” page, and searching for "Wing Buyback Auction".
## 10. How many WING have been burned through buyback? You can find details[ here](https://docs.wing.finance/reference/buyback). ## 11. How to get an Ontology address? You can create one using the ONTO Wallet. Here's the guide:[ ONTO Wallet Guide](https://docs.wing.finance/guide-1/flash-pool/onto). \ 12\. How to calculate my comprehensive income from participating in Flash Pool? ------------------------------------------------------------------------------- * Supplying Side: The overall income is calculated as WING's incentive income plus interest on loaned assets, and then adding up the value of (WING APY + APR), the dollar value of the loan for each instance of block generation. Wing's incentives are distributed in the form of WING tokens, and the interest-based income becomes a part of the supply asset amount. * Borrowing Side: The total income is calculated as WING's incentive income minus the interest that needs to be paid for the loan, which is calculated by adding up the (WING APY - APR) loaned dollar value at each instance of block generation. Wing's incentives are distributed in the form of WING tokens, and the interest-based expense is a part of the borrowed asset amount. * Insuring Party: The total income is the incentive income in the form of WING, which is calculated by adding up the dollar value of (WING APY\*) the total insurance amount invested at each instance of block generation. ## 13. What are the differences between the loan pool and insurance pool? * Supply Pool: You can collateralize your supply assets and borrow other assets, but APR is generally lower than in the insurance pool. * Insurance Pool: You can get a higher APR, but you can withdraw your insured WING after a 3-day lock-up period. The insurance pool only supports WING or pWING.
## 14. Is there a Turkish community? Yes, there is. Our global official community list is as follows: * [Telegram EN](https://t.me/WingDAO),[ Trading](https://t.me/WingDAO_Trading) Our Community-built group list is as follows * [Telegram KR](https://t.me/WingDAOKR) * [Telegram IN](https://t.me/WingDAOIndia) * [Telegram VN](https://t.me/WingDAOVietnamese) * [Telegram ID](https://t.me/WingDAOIndonesia) * [Telegram RUS](https://t.me/WingDAORussian) * [Telegram TURK](https://t.me/WingDAOTurkish) ## 15. Where can I see the stake APR? You can go to each Pool's page to see the APR.[ Wing Finance](https://wing.finance/). Supply APR and Insure APR are listed there. ## 16. Where can I see the TVL? You can see the TVL[ here](https://wing.finance/). Also, you can see each pool's TVL[ here](https://wing.finance/tvloverview). ## 17. How to initiate voting? Refer to this paper:[ Extending the Wing Governance Model](https://medium.com/wingfinance/extending-the-wing-governance-model-d37ea2e4aefb) Voting Rules: 1. Only WING (OEP-4) on Ontology counts. 2. One WING token equals one vote. 3. All WING holders can vote. 4. Results calculated at the vote's end. 5. A quorum of 20,000 WING is required. 6. WING tokens remain unlocked during voting. \ 18\. How to make Ontology Bridge Transfer? ------------------------------------------ Check the[ Ontology Bridge Transfer guide](https://docs.wing.finance/guide-1/ontology-bridge-transfer#token-bridge). You can bridge ONG, WING, ONT, pETH, pWBTC, pUSDT, and pUSDC tokens from Ontology to Ontology EVM. ## 19. When I repay the debt in the market, why does my WING get locked sometimes? If the comptroller contract lacks sufficient WING, it temporarily won't return the locked WING. Solution: Borrow 5 USDC and then repay it to unlock all your WING (5 USDC is just an example). ## 20. Why is the total supply of Wing tokens more than the max supply? Please refer to the[ explanation](https://docs.wing.finance/glossary#total-supply). The discrepancy is due to dynamically changing release and burn rates based on governance decisions. The on-chain data reflects this. The buyback process is slow, temporarily increasing the total supply beyond 5 million, but it will adjust back to 5 million. Refer to the votes for[ WIP-08](https://wing.finance/vote?anchor=wip08) and[ WIP-04](https://wing.finance/vote?anchor=wip04) for more details.