Wing Finance Flash Pool Update: WIP-77 Passes, ETH Supply Reopens
Wing Finance Flash Pool Update: WIP-77 Passes, ETH Supply Reopens
🔓 ETH Supply Now Live
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 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%. These updates aim to enhance platform security and promote sustainable growth.
Key Changes:
- Flash Pool modifications
- ETH supply enabled
- Controlled borrowing restart
- Enhanced security measures
Visit Wing Finance to learn more about these updates.
✅ WIP-77 PASSED ✅ sUSD supply/borrow disabled as proposed. 🔓 Flash Pool Update •Supply for other assets (ETH) now open •Borrow function will be enabled in 48 hours Thanks to the community for voting & keeping Wing Finance secure. 💪
🚨 Wing Finance Governance Vote Live 🚨 WIP-77: Set sUSD Collateral Factor to 0% + disable sUSD supply/borrow. Reason: Irregular sUSD price fluctuations = risk to user assets. 📅 Ends: Aug 11, 08:00 UTC Vote here: wing.finance/votedetails/77
Wing Finance Expands Options on Binance Chain
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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.
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