Wing Finance Community Auction Announcement

馃敤 ONTO Users Get First Dibs

By Wing Finance
Oct 31, 2024, 2:10 PM
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Photo by Wing Finance

Wing Finance announces its monthly Community Auction starting October 29th, exclusively through ONTO Wallet.​ Key features:

  • 50% of auction revenue allocated to $WING token buyback
  • Access restricted to ONTO Wallet users
  • Continues previous month's successful auction format

This initiative follows Wing's ongoing commitment to community-driven value creation and token utility enhancement.​

Sources
Read more about Wing Finance

Wings Stablecoin Yield Aggregator Expands to Multiple Chains

Wings Stablecoin Yield Aggregator has expanded its operations to include three major blockchain networks: - Now available on **Ethereum**, **Binance Chain**, and **Arbitrum** - Single dashboard interface for tracking and managing stablecoin yields - Enhanced cross-chain functionality for optimized returns The platform offers a streamlined experience for users to monitor, exchange, and maximize earnings on their stablecoin holdings across different networks. Learn more in their [technical documentation](https://docs.wing.finance/guide-1/stablecoin-yield-aggregator) or start exploring yields at [yield.wing.finance](https://yield.wing.finance)

Wing Finance Flash Pool Update: WIP-77 Passes, ETH Supply Reopens

Wing Finance's proposal WIP-77 has passed, implementing key changes to the Flash Pool: - sUSD supply and borrow functions have been disabled - ETH supply function is now active - Borrowing capability will resume in 48 hours This follows the successful WIP-74 implementation, which adjusted the Reserve Factor for P2P Pool assets from 0% to 20%, receiving 20,197 votes in favor. These updates aim to enhance platform security and promote sustainable growth across Wing's lending ecosystem.

Wing Finance Governance Vote: sUSD Collateral Factor Adjustment

Wing Finance has initiated a critical governance vote (WIP-77) to address security concerns regarding sUSD. The proposal aims to: - Set sUSD collateral factor to 0% - Disable sUSD supply and borrow functions This protective measure comes in response to irregular price fluctuations that could pose risks to user assets. The vote follows a similar previous action on BUSD pools, demonstrating Wing's ongoing commitment to risk management. **Voting Details:** - Deadline: August 11, 08:00 UTC - Vote at: [Wing Finance Governance](https://wing.finance/votedetails/77) Users are encouraged to participate in this important governance decision.

Wing Community Auction March 2025

Wing Community Auction March 2025

The March 2025 Wing Community Auction launches March 24th with exclusive access through ONTO Wallet. Half of all auction proceeds will contribute to $WING token buybacks. Key Details: - Auction Start: March 24th, 2025 - Platform: ONTO Wallet (exclusive) - Revenue Split: 50% for $WING buybacks This continues Wing's monthly auction tradition, maintaining the same structure as previous months.

Wing Community Auction February 2025

Wing Community Auction February 2025

Wing's monthly Community Auction launches February 24th, exclusively through ONTO Wallet. The initiative maintains its commitment to token economics, with 50% of auction proceeds allocated to $WING buybacks. Key Details: - Date: February 24th, 2025 - Platform: ONTO Wallet exclusive - Revenue split: 50% for $WING buybacks This continues Wing's established monthly auction pattern, following the same format as January's event.

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