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 pTokens 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:

Gas Costs

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

Function

Gas Type

Gas Cost

Swap Assets on Ethereum to pToken on Ontology

ETH

~10-12 times of Ethereum med gas fee

Swap pToken on Ontology to Assets on Ethereum

pToken

~10-12 times of Ethereum med gas fee value

Swap nNEO to pNEO

GAS

~0.01 GAS

Swap pNEO to nNEO

pNEO

~0.002 pNEO

Swap between ONT & ONTd

ONG

~0.1 ONG

Supply, Withdraw, Borrow or Repay Assets

ONG

~1.8 ONG

Insure or Surrender 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