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.

Website | Twitter

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.

Website | Twitter

RESOURCES

Medium

The post Wing Finance and O3 Labs Join Forces appeared first on Smart Liquidity Research.

Users can start providing their O3 liquidity into O3’s liquidity pools in the O3 Hub to get LP-O3, and stake them in the O3 Vault to earn $O3 rewards (unlike previous reward time, this time for O3-Pools’ rewards will be 6 hours earlier).

Stake LP-O3 to Earn $O3

• Stake starts: 7/2 at 4 AM UTC
• Rewards start at Timestamp: 1656756000 (7/2 10 AM UTC)

Guideline to add O3 liquidity and stake LP-O3 for farming

1. Go to https://v2.o3swap.com/hub. Then select the O3 pools that you want to deposit. Click on the pool tab to select the network you want to deposit into and click “+”.
2. Input the number of O3, or pO3, or the numbers of both O3 and pO3 that you want to deposit into the pool. Then click “Deposit” to continue the transaction, and click the “Confirm” button in the pop-up window of your wallet extension or app to submit the transaction.
3. After the transaction, you will receive an amount of LP-O3 representing the liquidity you deposited.
4. Go to https://v2.o3swap.com/vault, switch to the chain that you add your O3 liquidity to, and find the LP-O3 pool, click “Stake”.
5. Input the number of LP-O3, then click “Confirm” to continue the transaction. If it is the first time your wallet or the token you select is used, you need to click on the “Approve” button at the pop-up window. Then click “Confirm” again. The final step is to click confirm in the pop-up window of your wallet extension or app.

ABOUT O3 Labs
O3 Swap is a cross-chain aggregation protocol, allowing users to access multi-chain liquidity sources on one platform.

Website | Twitter

RESOURCES
Medium

The post O3 Pools are now available appeared first on Smart Liquidity Research.