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  1. Wing Pools

Peer-to-Peer Pool

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Last updated 2 years ago

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Overview

In the current lending pool, there is an interest rate difference between the Suppliers and the Borrowers. Supplied amounts are much larger than borrowed amounts, but the interest generated by borrowers is evenly distributed to all suppliers. The purpose of launching a Peer-to-Peer pool is to solve this mismatch of assets between borrowers and suppliers. When no Peer-to-Peer pairing is formed (When there is no Peer-to-Peer pairing) , the funds will be deposited in the ordinary lending pool to enjoy normal supply APR. When the funds are paired, they will be withdrawn to the Peer-to-Peer pool. Then the Supply APR of the suppliers increases, and the Borrow APR of the borrowers decreases, so that both sides can obtain the optimal solution.

Supported Assets

All supported assets are Ethereum based assets.

Below is a list of tokens supported by Peer-to-Peer Pool. Transaction and smart contract details of each token are accessible via with token addresses:

Name

Token Address

pWING

WETH

USDT

USDC

DAI

COMP

Gas Costs

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

Function

Gas Type

Gas Cost

Approve

ETH

<60K

Supply

ETH

< 240K

Withdraw

ETH

< 280K

Borrow

ETH

< 800K

Repay

ETH

< 200K

Transfer on Ethereum

ETH

< 50K

Etherscan
Gas
0xdb0f18081b505a7de20b18ac41856bcb4ba86a1a
0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2
0xdac17f958d2ee523a2206206994597c13d831ec7
0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48
0x6b175474e89094c44da98b954eedeac495271d0f
0xc00e94Cb662C3520282E6f5717214004A7f26888