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 the governance token of Wing Finance. $WING is used to vote on and determine the outcome of WING Improvement Proposals (WIPs). $WING can also be staked in Wing’s Insurance pool to provide security/insurance to the protocol/suppliers. Stakers can earn staking rewards from the protocol.