Kriptoks

Wing Finance (WING) is a decentralized cross-chain lending platform that allows for collaboration between various decentralized finance (DeFi) products. It uses a decentralized governance model and a risk control mechanism to foster positive relationships between borrowers, creditors, and guarantors, leading to a wider range of DeFi products and better quality options for users. The platform also features a strong credit valuation module to support DeFi credit products.

WING's platform, known as the Wing DAO, supports community proposals for new asset market product pools, consisting of a lending pool, a borrowed pool, and an optional risk control margin pool. The margin pool receives 5% of interest revenue from each loan and if there is no margin pool, the funds go into the Wing DAO community fund pool. The Wing DAO has the power to approve new product pools through voting, determine the rules of the product pool, allocate tokens for the community fund, and vote on new governance mechanisms.

WING is the governance token in the Wing Finance ecosystem and plays an important role in the decision-making process through voting on Wing Improvement Proposals (WIPs). The token can also be staked in the Insurance pool to guarantee security and insurance to the protocol and suppliers, with staking rewards offered to WING holders. The token distribution in the ecosystem is divided into 80% for liquidity and margin incentives and 20% for the Wing DAO Community Fund.

Finally, the Wing DAO Flash Pool is a collateral-based fund pool built on the Wing DAO platform and influenced by Compound, a protocol for building open financial applications. The insurance pool mechanism reduces collateral rates.

Wing Finance is revolutionizing the DeFi space by creating a platform that enables seamless collaboration between various DeFi products. The decentralized governance model, combined with the risk control mechanism, helps build trust between borrowers, creditors, and guarantors, leading to a wider range of DeFi products. The platform's credit valuation module provides robust support for DeFi credit products.

The Wing DAO is at the heart of the Wing Finance ecosystem, supporting community proposals for new asset market product pools. The WING token is the governance token and holds the power to vote on Wing Improvement Proposals and determine the outcomes of these proposals. WING can also be staked in the Insurance pool to provide security and insurance to the protocol and suppliers. The token distribution in the ecosystem is divided between liquidity and margin incentives and the Wing DAO Community Fund.

The Wing DAO Flash Pool is an innovative feature built on the Wing DAO platform, influenced by the Compound protocol. It offers a collateral-based fund pool with reduced collateral rates through its insurance pool mechanism. The Flash Pool is an example of the continuous innovation and development taking place within the Wing Finance ecosystem.

In conclusion, Wing Finance offers a platform for decentralized cross-chain lending that provides a wider range of DeFi products and a better quality user experience. The decentralized governance model and risk control mechanism help build trust between borrowers, creditors, and guarantors, while the credit valuation module provides robust support for DeFi credit products. With the WING token at the center of the decision-making process and innovative features like the Flash Pool, Wing Finance is paving the way for the future of DeFi.