Celer cBridge Partners with Wing Finance

Published on: 09.07.2022
Celer cBridge Partners with Wing

Celer cBridge partners with Wing Finance to bring more bridging options. Now easier than ever to benefit from Wing’s cross-chain platform.

Wing Finance is pleased to announce that users can now bridge WING tokens directly between the Ontology EVM, Ethereum, BNB, and OKC chains, via Celer Network’s cBridge. Users are able to bridge WING, USDT, ETH, WBTC, and USDC, via the Open Canonical Token Standard. This ensures that cross-chain transactions are completed securely, whilst keeping gas fees low.

In addition, the new bridging support reduces the steps required by users to move cross-chain, reducing transaction times and gas fees. This reduction in complexity also lowers the barrier to entry for new users to enjoy the multi-chain opportunities offered by Wing.

Furthermore, Wing Finance combines with the Wing DAO (decentralized autonomous organization). The platform’s decentralized governance model and risk control mechanism aim to foster mutually beneficial relationships between borrowers, creditors, as well as guarantors. In addition, Wing offers an innovative credit evaluation module that rewards users for developing good credit on the blockchain.

ABOUT Wing Finance

Wing Finance is a credit-based, cross-chain decentralized lending platform. As a DeFi platform dedicated to the digital asset lending market, Wing supports cross-chain interactions between a variety of DeFi products. Users are also able to unlock the stored value of NFTs via Wing’s innovative NFT Lending Pool.

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ABOUT Celer Network

Celer is a blockchain interoperability protocol. Enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions, and more across multiple chains. Additionally, developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK. They can gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.

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RESOURCES

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