Wing Price

Wing is a decentralized finance (DeFi) protocol built on multiple blockchain platforms, including Ethereum, BNB Chain, and Ontology. It aims to create a credit-based decentralized lending platform that supports cross-chain assets and protocol interactions. Wing offers two main types of lending: 1. Over-collateralized lending: Users can borrow by providing collateral worth over 125% of the loan amount. 2. Credit score-based lending: Users with an OScore can borrow by providing collateral worth over 80% of the loan amount, with initial loan limits between $20-$500 and a maximum of $1,000. The native token WING has several use cases: - Governance voting on project development, network settings, and community fund allocation - Discounts on interest payments - Purchasing insurance contracts for collateralized assets WING has a total supply of 7.63M WING tokens, with 5.09M WING currently in circulation. The token reached an all-time high of $140.8 on September 17, 2020, and is currently trading at $0.1431. Its market cap stands at $728.86K, ranking it 3124 among all cryptocurrencies. Wing continues to evolve its DeFi offerings, aiming to provide innovative lending solutions in the rapidly growing decentralized finance ecosystem.

Wing was created on August 27, 2020. It was launched as a decentralized lending platform built on the Ontology blockchain, aiming to establish a credit-based DeFi ecosystem. The project introduced innovative features like credit score-based lending alongside traditional over-collateralized loans. Since its inception, Wing has expanded to support multiple blockchain networks, including Ethereum, BNB Chain, and OKExChain, to enhance cross-chain interoperability and reach a wider user base.

-- was founded by the Ontology team, a blockchain project focused on digital identity and data. The exact identities of the individual founders are not publicly disclosed, as is common in many decentralized projects. -- was launched in August 2020 as a decentralized lending platform built on the Ontology blockchain. It aims to create a credit-based DeFi ecosystem by leveraging Ontology's decentralized identity framework. While specific founders are not named, the project emerged from and is closely associated with the broader Ontology ecosystem and development team.

Wing operates as a decentralized lending platform on multiple blockchains, including Ethereum, BNB Chain, and Ontology. It utilizes a credit scoring system to enable two types of lending: 1. Overcollateralized lending: Users can borrow by providing collateral worth over 125% of the loan amount. 2. Credit score-based lending: Users with an OScore can borrow with collateral worth over 80% of the loan amount, typically between $20-$500, with a maximum of $1,000. The WING token serves several functions: - Governance: Voting on platform developments and changes - Fee discounts: Reduced interest payments - Insurance: Purchasing coverage for collateralized assets WING tokens are distributed as follows: - 50% to the Lending Pool for lenders - 40% to the Borrowing Pool for borrowers - 10% to the Margin Pool for covering potential defaults This distribution incentivizes participation and helps maintain the platform's stability. As of 2025-07-06, Wing has a market cap of $728.86K and is ranked 3124 among cryptocurrencies.

Wing utilizes a multi-chain architecture to support decentralized lending across different blockchain networks. The core technical components include: 1. Cross-chain asset bridge: Allows users to transfer assets between supported chains like Ethereum, BNB Chain, OKExChain, and Ontology. 2. Credit scoring system: Implements an on-chain credit score (OScore) to enable under-collateralized lending based on user creditworthiness. 3. Smart contract lending pools: Manages lending/borrowing activities, interest rates, and collateral on each supported blockchain. 4. Governance module: Enables WING token holders to vote on protocol upgrades and parameter changes. 5. Insurance fund: A margin pool that covers potential losses from defaulted under-collateralized loans. 6. Oracles: Provides real-time price feeds for accurate collateral valuation and liquidation triggers. This multi-chain design allows Wing to tap into liquidity across various ecosystems while offering innovative credit-based DeFi services. The architecture prioritizes interoperability, scalability, and risk management to create an efficient decentralized lending market.

Wing has an ambitious roadmap for the future, focusing on expanding its decentralized lending ecosystem and enhancing cross-chain capabilities. Key milestones include: 2025: Improving credit scoring mechanisms and increasing lending limits. 2026: Launching new lending pools and expanding to additional blockchain networks. 2027: Implementing advanced risk management features and introducing new financial products. 2030: Aiming to become a leading DeFi lending platform with seamless multi-chain integration. The WING team is committed to continuous development and community engagement. They plan to regularly update governance mechanisms, optimize tokenomics, and explore partnerships to drive adoption. Price predictions suggest potential growth: 2026: $0.157 2030: $0.2339 2035: $0.3796 While ambitious, these goals reflect Wing's vision to revolutionize decentralized lending and become a cornerstone of the DeFi ecosystem.