Flash Pool (BNB Chain)

Overview

Flash Pools are collateral based fund pools on the Wing DAO platform with different versions based on several popular blockchain networks. They bring down collateral rates by introducing an insurance pool mechanism. You can read more about Flash Pool mechanisms here.

Supported Assets

Ontology and Ethereum based assets need to be converted into BEP-20 tokens before interacting with Flash Pool (BNB Chain). BNB Chain based assets are directly supported by the pool. Please find detailed trading guides here.

Below is a list of tokens supported by Flash Pool (BNB Chain). Transaction and smart contract details of each token are accessible via BSC Explorer with token addresses:

Name	Token Address
WING	0x3cb7378565718c64ab86970802140cc48ef1f969
ONT	0xfd7b3a77848f1c2d67e05e54d78d174a0c850335
ONG	0x308bfaeaac8bdab6e9fc5ead8edcb5f95b0599d9
BTCB	0x7130d2a12b9bcbfae4f2634d864a1ee1ce3ead9c
ETH	0x2170ed0880ac9a755fd29b2688956bd959f933f8
BNB	（Native)
USDT	0x55d398326f99059ff775485246999027b3197955
BUSD	0xe9e7cea3dedca5984780bafc599bd69add087d56
USDC	0x8ac76a51cc950d9822d68b83fe1ad97b32cd580d
DOT	0x7083609fce4d1d8dc0c979aab8c869ea2c873402
ADA	0x3ee2200efb3400fabb9aacf31297cbdd1d435d47
BCH	0x8fF795a6F4D97E7887C79beA79aba5cc76444aDf
XRP	0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe
DAI	0x1af3f329e8be154074d8769d1ffa4ee058b1dbc3
LINK	0xf8a0bf9cf54bb92f17374d9e9a321e6a111a51bd
LTC	0x4338665cbb7b2485a8855a139b75d5e34ab0db94
DOGE	0xba2ae424d960c26247dd6c32edc70b295c744c43
CAKE	0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82
FIL	0x0d8ce2a99bb6e3b7db580ed848240e4a0f9ae153

fToken

fTokens represent ownership of assets supplied to Wing Flash Pool which allow users to regain liquidity of the locked-up funds while earning interest at the same time.

Currently fTokens support 18 assets on BNB Chain: WING, ONT, BTCB, ETH, BNB, USDT, BUSD, USDC, DOT, ADA, BCH, XRP, DAI, LINK, LTC, DOGE, CAKE, FIL. Each asset has a corresponding fToken. Transaction details of each fToken are accessible via BSC Explorer with token addresses listed below:

Name	Token Address
Name	Token Address
fWING	​0xdf69e8da10f0f8407b87ac839550053a001d3d7d
fONT	0xfabf6eb0219e2ce7f38b0534053104b3400b8718
fONG	0x7ab3a7059ebc247b25df7b492548c5e2737db84f
fBTCB	0x4ebb34865ae375bc7f298384de5eeab78fd3572a
fETH	0xf0ee3d7181c3e3a46f85fa113e629167e06aa916
fBNB	0x6575cfa99a00a054cc3536f7978636701498fc81
fUSDT	0xbc11091d6203500c480f0305140c687ab52b224b
fBUSD	0x5e5003e1b658a9c37660f4e6a730833b8a433047
fUSDC	0xE21b6194903282772BCF40FEf6848F28F50B51EE
fDOT	0x22ada8420468ea3b3b39b87cda5742b183c7e28b
fADA	0xf78274d7b5cca63b7d6692dfffd8398d69cefa34
fBCH	0x252a7aa203a6df2f7781a124cb95c27aae4f286c
fXRP	0xb51d7a841911461d4ae97a49de78be086a71a724
fDAI	0xef40fd44b78775df6fb0b19eb680475cf2d239ea
fLINK	0x49831fd1b9753b630a5b220656dd42d6cd7ae8f1
fLTC	0x5409ff9585c9c942389f4f84ee4dc28ae2f361f1
fDOGE	0xab96cb2317dfc8280a90deb7ef7b97efe34f926f
fCAKE	0x683f5af0fdfc2894363517f7cf30fd8bdadf7b96
fFIL	0x30061d6b51f193223300787c3052aab6cfcb6df7

fToken Functions

Mint: Equivalent amount of fTokens are issued directly to your wallets when your funds are successfully supplied to Wing lending pools. You can view fToken balance on BscScan by looking up your BNB Chain addresses.

Redeem: You are able to redeem all or partial of their fTokens at any time by withdrawing funds you supplied to Flash Pool (BNB Chain).

Transfer: Similar to the process of transfering other BNB Chain based assets, you can transfer fTokens using a crypto wallet supporting BNB Chain, for example Onto wallet. Transferring fTokens equals to changing the ownership of the underlying asset.

Earn interest: Assets supplied to Wing lending pools generate interest based on an Annual Percentage Rate (APR). The interest is reflected on fTokens exchange rate. I.e., fTokes balance remains unchanged, but fTokens appreciate over time. The longer you hold fTokens, the higher amount of underlying assets you can redeem from fTokens.

Gas Costs

​Gas costs may fluctuate. The amount of gas costs shown below is for reference only.

Function	Gas Type	Gas Cost
Approve	BNB	＜50K
Supply, Insure	BNB	< 230K
Withdraw	BNB	< 420K
Borrow	BNB	< 600K
Repay	BNB	< 135K
Liquidate Assets	BNB	​< 900K
Transfer on OKExChain	BNB	< 52K