Background

Wing Finance

Wing is a credit-based, cross-chain decentralized lending platform. By building a DeFi platform dedicated to the digital asset lending market, Wing supports cross-chain collaboration between different DeFi products. Combined with the Wing DAO, the platform's decentralized governance model and risk control mechanism aim to foster a mutually beneficial relationship between borrowers, creditors, and guarantors. In addition, Wing innovatively showcases a credit evaluation module as a strong example of credit-based DeFi.

Wing is designed to promote a mutually beneficial relationship between borrowers, creditors, and guarantors through a decentralized governance model and risk control mechanism. Through this integration with Ethereum, Wing opens a new window of opportunity for lending and borrowing from the hundreds of unique assets on Ethereum. Through bridges and UI/UX integrations between the Ethereum and the Ontology versions of Wing, users will have access to lower costs and faster speeds, thanks to the Ontology blockchain.

Integrationstwitter

WING OKT Chain Shutdown and Token Redemption Process

Mon 18th Aug 2025
**Critical Update**: OKTChain will permanently shut down on January 1, 2026. WING token holders must complete redemption before this date to avoid losing their assets. Key Points: - Snapshot of WING (OKT) holdings taken on May 23, 2025 - Only wallets in snapshot eligible for redemption - Manual verification process replaces standard bridge Redemption Steps: 1. Import wallet to ONTO Wallet 2. Send WING (OKT) to designated address 3. Receive WING (ORC-20) within 30 days after verification 4. Convert to WING (OEP-4) via [Ontology Bridge](https://bridge.ont.io) **Important**: Unredeemed tokens will be unrecoverable after shutdown.

Wings Stablecoin Yield Aggregator Expands to Multiple Chains

Mon 11th Aug 2025
Wings Stablecoin Yield Aggregator has expanded its operations to include **three major blockchain networks**: Ethereum, Binance Chain, and Arbitrum. The platform now offers: - Unified dashboard for tracking yields across chains - Seamless stablecoin swapping functionality - Enhanced yield optimization opportunities - Multi-chain yield comparison tools Users can access these features through the [yield platform](https://yield.wing.finance) or learn more in the [documentation](https://docs.wing.finance/guide-1/stablecoin-yield-aggregator). This expansion marks a significant step in cross-chain DeFi accessibility.

Wing Community Auction March 2025

Thu 27th Mar 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.
Community article

Wing Community Auction February 2025

Mon 24th Feb 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.
Community article

Wing Finance Announces January Community Auction

Thu 23rd Jan 2025
Wing Finance has scheduled its monthly Community Auction for January 23rd, exclusively through ONTO Wallet. The auction continues the platform's commitment to token economics, with 50% of generated revenue allocated to $WING buybacks. Key details: - Date: January 23rd, 2025 - Platform: ONTO Wallet exclusive - Revenue split: 50% for $WING buybacks This follows December's successful auction format, maintaining consistent tokenomics and community engagement structure.
Community article

Wing Finance Seeks Community Feedback for Platform Development

Thu 26th Dec 2024
Wing Finance, a cross-chain DeFi lending platform, is actively seeking community input to shape its future development. - The platform has launched a feedback form to gather user insights and suggestions - This initiative aligns with Wing's commitment to decentralized governance - Community members can contribute their thoughts through a dedicated Google Form This feedback collection represents an important step in Wing's evolution towards becoming more community-driven. **Take Action**: Share your perspective by completing the feedback form at: https://forms.gle/9CW2Y63TwvpZKKxx6

Wing Finance Community Auction Announcement

Thu 28th Nov 2024
Wing Finance has launched its monthly Community Auction, exclusively available through ONTO Wallet. A significant portion (50%) of auction revenues will be allocated to $WING token buybacks, continuing the platform's commitment to token value management. Key Points: - Auction accessible only via ONTO Wallet - 50% of revenue dedicated to $WING buybacks - Monthly auction cycle maintains consistent community engagement This initiative follows previous successful auctions, demonstrating Wing's ongoing commitment to community-driven value creation.
Community article

Wing Finance Community Auction Announcement

Thu 31st Oct 2024
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.
Community article

WIP-74 Passes: P2P Pool Reserve Factor Adjusted

Tue 15th Oct 2024
The Wing community has unanimously approved WIP-74, a proposal to adjust the Reserve Factor for assets in the P2P Pool from 0% to 20%. This change aims to: - Promote long-term growth - Balance between pools - Add safeguards for future developments The proposal received 20,197 votes in favor. This follows a recent vote to close BUSD pools and reduce interest rates to 0%, which also passed with 100% approval (21,330.99 WING votes). These decisions reflect the community's commitment to safeguarding the Wing ecosystem and adapting to market conditions. **Next steps:** Stay tuned for implementation updates and potential impacts on lending and borrowing activities.
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