Wing Finance and O3 Labs Join Forces

Published on: 09.07.2022
Wing Finance and O3 Labs

Wing Finance and O3 Labs join forces to provide more opportunities to every user of its platform. This is another important step in building a diverse DeFi ecosystem.

This partnership allows users to directly swap tokens across different chains, forming part of our commitment to make DeFi as accessible to as many people as possible.

In the first instance, Wing Finance has agreed to deposit $10,000 worth of WING tokens on O3 Interchange to accumulate O3 rewards for their treasury and help cross-chain transactions of their token take place.

O3 Interchange will support bridging WING across Ethereum and BNB Chain and agrees to support the other EVM chains O3 supports in the future in which WING exists.

O3 Labs will also open up these pools for Wing users to stake and earn O3 as well, so the earlier users deposit, the higher the APR will be.

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. Combined with the Wing DAO, the platform’s decentralized governance model and risk control mechanism. It also aims to foster mutually beneficial relationships between borrowers, creditors, and guarantors. In addition, Wing offers an innovative credit evaluation module that rewards users for developing good credit on the blockchain.

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ABOUT O3 Labs

O3 Swap is a cross-chain aggregation protocol, allowing users to access multi-chain liquidity sources on one platform. The O3 Swap Token (O3) is issued by O3 Labs. It also represents all O3 products and is also a critical mediator to promote their development. Except for trading on exchanges and some airdrop events, there are two major ways to earn O3 tokens. It also includes providing liquidity in Liquidity Pools and participating in governance voting.

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