Wing Finance Daily Total Value Locked Reaches $190 Million
Wing has built a decentralized finance DeFi platform to support cross-chain collaborative interactions between various DeFi products. Combining the platform’s decentralized governance model, the risk control mechanism introduced by Wing promotes a healthy, benign relationship between borrowers, creditors and guarantors, allowing the implementation of a wider range of DeFi plans on the platform and thus providing users with more DeFi products of premium quality.
Day by day, we’ve seen this spectacular project growth. Wing Flash Pool reaches $190M TVL. Flash Pools are collateral based fund pools on the Wing DAO platform with different versions based on several popular blockchain networks. They bring down collateral rates by introducing an insurance pool mechanism.
Daily #TVL💰
Our #FlashPool totaled $190 million today, with $UST's Supply APR at 103% and $pWING's Insure APR at 35% on @Ethereum.
On @OntologyNetwork, $WING's Insure APR reached 31%👏
Join the fun👉https://t.co/Q33Nfa1se3💸#DeFi pic.twitter.com/A8K7GXMo7Z
— Wing Finance (@Wing_Finance) October 10, 2021
With this daily growth, users and investors more likely wants to grow their asset and more confident on Wing Finance performance. They are rest assured that their money works in a normal way, giving them a passive way of receiving daily income.
ABOUT Wing Finance
Wing has built a decentralized finance DeFi platform to support cross-chain collaborative interactions between various DeFi products.
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