Wing Finance

🧵 Want to earn on @BNBCHAIN?

Here’s how to use Wing Finance’s Flash Pool with @ONTOWallet Wallet. Such an easy way to supply, borrow & insure assets like a pro. Let’s go 👇
http://flash.wing.finance/bnbchain

The BNB Chain Flash Pool has some great lending and borrowing opportunities.

Earn over 5% on your stablecoins, and utilize them as collateral to borrow against.

Check it out: http://flash.wing.finance/bnbchain

🗳️ Wing DAO Proposal #76 is LIVE

The community is voting to unlock funds from the Wing Community Fund to support Ethereum-based $WING holders affected by the 2023 incident — finally bridging them back to native $WING on Ontology.

⏳ Vote ends June 8, 08:00 UTC
👉

The latest proposal to solve the cross chain liquidity provision for WING is live.

Don’t miss the chance to have your say.

https://gov.wing.finance/t/proposal-to-provide-liquidity-support-for-wing-holders/1255

🚨 WING OKT Redemption Update 🚨

Following a recent security incident, WING redemptions on the OKT chain will bypass the regular bridge. A manual review process is now in place to protect holders.

Here’s what you need to know 🧵👇

✅ Snapshot Completed
The snapshot of WING (OKT) holdings was taken at 8:10 AM (UTC+8), May 23, 2025.

📌 Only users who send from snapshotted wallet addresses will be eligible for WING refunds.

📲 Redemption Instructions

1.Import your wallet into ONTO Wallet (if not already).
2.Send your WING (OKT) to:
0xd71E1aC77d51eeA7e6d66eeDE350B3CF6080eCA8
🔒 This step is mandatory for redemption eligibility.

🔍 Manual Review & Refund Timeline
Each request will go through manual verification.

⏳ If approved, WING (ORC-20) will be distributed within 30 days to the original wallet address.

🪙 View Tokens in ONTO
Add the WING (ORC-20) contract manually to your ONTO Wallet:
0x6ea9f7b81bdeb047d63a023b1f28bea481a5785a

🔁 Convert to OEP-4
After receiving WING (ORC-20), convert it to WING (OEP-4) using the official Ontology Bridge:
👉 https://t.co/LC6jyEt84w

🙏 Thanks for your continued support. We’re putting security first and appreciate your patience.

The TAC Bond Pool Testnet dApp is now live!

We invite everyone to try out functionality and provide your feedback. This marks an important step forward in the creation of Wing 2.0.

You can explore the features here: https://test.wing.finance/bondpool/issue

The liquidation function on the OKC Flash Pool will resume around 09:00 UTC tomorrow.

This follows a temporary suspension due to an emergency.

Thank you for your patience and understanding.

The latest vote is now live for Wing DAO.

Another step along the road of progress. Make your vote count.

https://wing.finance/votedetails/75

🚨 Proposal to Shut Down the OKC Flash Pool 🚨

In response to unresolved risks from the 2023 Poly Network exploit, Wing is taking decisive steps to protect users.

🛠️ Step-by-step plan
🔒 Risk mitigation
🔁 Redemption proposal coming soon

Read & discuss: https://gov.wing.finance/t/okc-flash-pool-closure-plan/1248

📢 Important Update: Resetting WING Incentives to Restructure and Move Forward

Given the current situation, we need to launch an emergency governance: we’re stopping all existing WING incentives and restarting them from zero.

This isn’t a move made lightly. It’s a necessary reset to pave the way for a healthier protocol and stronger tokenomics. Here’s why:

❌ Why We’re Stopping Incentives

Misaligned Rewards. We can’t keep rewarding users who only mine, withdraw and sell the WING tokens. That’s not what the protocol was built for.

Limited Real Participation. Flash Pool activity is minimal. The data doesn’t lie. It’s time to reallocate resources where they matter.

✅ Why This Matters

Better Token Supply Control. No more WING emissions means no more inflation. The token’s long-term value should be protected.

We Take WING Seriously. There’s no team that has allocated token according to the original token distribution, all escrowed fund wallet addresses are publicly verifiable and used according to community voting. This move reinforces that we’re playing the long game.

Revamped Tokenomics Are Coming. This is the first step in a broader overhaul. We’re building tokenomics that actually align with future growth, not just short-term participation.

🔜 What’s Next

Proposal For pAssets Incoming. A new proposal will be introduced for all pAsset holders, offering a path forward in the form of bonds.

OKTC WING Takes Priority. Bridging The OKTC WING token to the Ontology Network will be the first to proceed under this new strategy.

New Product Direction. We are working for the Wing 2.0 and exploring more directions. All newly generated WING tokens will be escrowed in a public address and used later for incentives for new products under a stronger tokenomics model.

This isn’t the end. It’s the beginning of something more sustainable, more transparent, and ultimately, more valuable for the community.

Let’s fix what’s broken. Then let’s build.

WING Finance: Ecosystem Update

Recent market events, including the Binance delisting, have had a significant impact on $WING, both in visibility and sentiment. While we recognize the challenges, we remain focused on development and long-term utility.

$WING remains tradable on centralized exchanges such as Bitget and Gate, as listed on CoinGecko. We’re also working with decentralized exchange partners to enable WING trading on Ontology EVM.

Development is progressing in parallel across several fronts. A new Bond Pool is currently being built on TAC, aimed at increasing participation and use cases for the WING community.

Additionally, cross-chain functionality will soon resume, starting with Ontology and Neo. This will re-establish essential asset movement between ecosystems and support broader accessibility.

Further to this, we are also finalising a proposal to address the 'stuck' WING tokens on the OKC chain - more details to follow very soon.

We’re not claiming to have solved everything, but we’re continuing to build, address what needs fixing, and evolve the protocol for what’s ahead.

Wing Finance Statement on Binance Delisting

Today, Binance announced the delisting of WING with minimal notice. While the decision was unexpected, especially as we were still in communication with their team earlier this morning, we want to be transparent with our community.

Let us be clear. Wing is here to stay.

The delisting does not change our mission or our development roadmap. We are continuing to build Wing Finance 2.0, combining decentralized finance with intelligent infrastructure, including AI-driven features and intent-based mechanisms.

What’s Ahead

• Bond Pool Deployment at TAC
We are in the late stage of deploying the Bond Pool on TAC. Their development team is finalizing work on the proxy contract. Once everything is in place, we will launch a joint campaign to mark the release.

• xWING Bond Proposal
We are actively gathering feedback on the xWING Bond proposal and developing a technical solution that reflects the needs and priorities of the community. Your input is crucial, and we are listening.

A Message to Our Community

We understand that sudden changes like this can raise concerns. Still, there is no reason for fear, uncertainty, or doubt. Let’s stay focused and keep building.

Thank you to everyone supporting Wing. This is just one moment in a much larger vision.

This month's Community Auction starts on the 24th April & is only accessible via @ONTOWallet.

50% of the revenue will be used to buy back+$WING

Next up in our #DeFi 101 series: Staking 🔒💰
You’ve heard the term—now it’s time to understand what it means and how it helps secure the network while earning rewards.

Let’s break it down ⬇️

There is a discussion proposing a recovery path for pAsset holders through a new xWING bond + revenue sharing model.
Get the details, share your thoughts, and help shape the future of Wing.

Join the DAO discussion:
https://gov.wing.finance/t/passet-xwing-bond-solution/1238?u=geoffrichards

Collateral: The Backbone of DeFi Lending 🏗️

 In DeFi, collateral is king 👑 Want to borrow crypto? You'll need to deposit more than you borrow.

Let’s explore why collateral is the foundation of decentralized lending 👇

Our DeFi 101 journey continues with a core concept: Yield Farming 🌾

It’s one of the most popular ways to earn in DeFi—but what exactly does it mean, and how does it work?

Let’s dig into the details ⬇️

Dear Wing Community,

Earlier today, we became aware via Binance’s public announcement that WING has been assigned a Monitoring Tag. This decision was not shared with us in advance. We are currently in direct communication with the Binance team to understand the rationale behind the tag and to address it proactively.

What is a Monitoring Tag?

Binance uses Monitoring Tags to identify assets that may carry higher risk or volatility. These tokens are placed under closer observation to ensure they continue to meet Binance’s listing standards. Importantly, receiving a Monitoring Tag does not mean delisting — it signals that the project is under review and that users are encouraged to exercise additional caution.
Wing Finance remains fully committed to responsible development, innovation, and long-term value creation. We would like to share several recent and upcoming initiatives that reflect our ongoing progress:

• Bond Pool Deployment on TAC: Final deployment is nearly complete. The pool will be fully open-sourced, reflecting our commitment to transparency and composability.

• Participation in the TAC Pilled Campaign: Wing will be actively joining the campaign, reinforcing our role as a contributor in the evolving DeFi ecosystem.

• Cross-Chain Functionality Between Neo and Ontology: This feature will be resumed shortly, expanding interoperability and supporting user flexibility across ecosystems.

Wing remains committed to keeping our community informed through open, ongoing communication. We value the role of the DAO and all our users in shaping the protocol’s future, and we will continue to operate with full transparency. We are confident in the strength and direction of Wing, and we will continue working with all stakeholders, including Binance, to ensure clarity and long-term sustainability.

Thank you for your continued trust and support.

This month's Community Auction starts on the 24th March & is only accessible via @ONTOWallet.

50% of the revenue will be used to buy back+$WING

Lending and Borrowing in DeFi: Unlocking Passive Income

Decentralized finance (DeFi) has revolutionized traditional lending and borrowing by eliminating intermediaries and allowing users to earn passive income or access liquidity directly on the blockchain. This guide explores how DeFi lending and borrowing work, their benefits, risks, and how to get started.