Flash Pool (Ontology)

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

All supported assets are Ontology based assets. Ethereum and Neo based assets need to be converted to OEP-4 tokens and ONT to ONTd. WING and ONG are directly supported by the pool. Please find detailed trading guides here.

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

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 13 assets on Ontology: DAI, ETH, NEO, ONG, ONT, SUSD, UNI, USDC, USDT, WBTC, WING, YFI, renBTC. Each asset has a corresponding fToken. Transaction details of each fToken are accessible via Ontology Explorer with token addresses listed below:

Name

Token Address

fDAI

7ab897ccc182aed455099e697f0e98103d7bff58

fETH

fc04d1fe91ab60e7351c2e9f9a633695239c29da

fNEO

58d145bd4b59ce18cb23f19e7ad4702c46709df4

fONG

99b4bb5b7c1c6fa363d488ccc35a5f8b484e08e6

fONT

08b9e7ea0d48f2201158f371e9793e4419552365

fSUSD

17aee465ceb9c7cfc28da8d6375968c57cfd925f

fUNI

cae188b19e634c2631bb7b523bf75585976d8153

fUSDC

561775bfeca65637a8baf01938e009358b72384e

fUSDT

e5c18d2d02e9c2a1a9426c36a3e0b96915625d06

fWBTC

29a89ecec8c8710380f3af013a6659e18d55a1f1

fWING

d1185cdaf9b01bf19243b90d60e1453ca10a1111

fYFI

a56b2d940e8e974c5d48259bf8216fe49caf317c

frenBTC

01051e7a4bcee3116ca5626959cd77c39d326e57

fFLM

5538047c5ae3835d39c7a2035e84f109ea3928e3

Gas Costs

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

Function

Gas Type

Gas Cost

Supply, Withdraw, Borrow or Repay Assets

ONG

~1.8 ONG

Insure or Withdraw Assets, Withdraw WING Incentives

ONG

~1.3 ONG

Liquidate Assets

ONG

~3.0 ONG

Transactions on Ontology of Wing Buy-back Auction

ONG

~0.1 ONG

Transfer on Ontology

ONG

~0.05 ONG

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