Wing Token on BNB Chain

Introducing Wing Token (WING): A New Arrival on the BNB Chain

Welcome to the detailed profile of Wing Token (WING), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Wing Token (WING) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about Wing Token (WING) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about Wing Token (WING) and find answers to some frequently asked questions.

Token description

## What Is Wing (WING)? Wing is a credit-based, decentralized platform designed for crypto-asset lending and cross-chain communication between decentralized finance ([DeFi](https://coinmarketcap.com/defi/)) projects. The project aims to make crypto lending services more inclusive through a credit evaluation module that removes the need for large collaterals. Wing is a decentralized autonomous organization ([DAO](https://coinmarketcap.com/alexandria/article/what-is-a-dao)) that allows users to take part in decision-making, product design and operations. Wing uses decentralized governance coupled with a risk control mechanism to improve the relationships between creditors, borrowers and guarantors. This has led to an improvement in the number of and accessibility to DeFi projects utilizing the platform. One of the goals of Wing DAO is to solve the issue of over-collateralization that plagues the DeFi industry. The platform allows for the creation of new blockchain projects and focuses its efforts on a [decentralized](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance) and autonomous governing community. In response to the issues faced by other DeFi projects, Wing DAO has built a credit-based DeFi protocol that runs on the Ontology ([ONT](https://coinmarketcap.com/currencies/ontology/)) blockchain. The protocol is fully controlled by the users and requires no third parties to confirm transactions. ### How was Wing developed?? Wing is the credit-based cross-chain DeFi platform independently developed, with technical support provided by the Ontology team. #### What Makes Wing Unique? One unique feature of Wing is that it allows users to set up a DAO proposal or become an investor on the platform even without prior knowledge or interaction with the blockchain. Wing offers project developers a chance to receive crowdfunding when they submit proposals. Investors have the opportunity to contribute to decision-making and in return earn a share of future profits through smart contracts. Wing is built on the Ontology blockchain due to its ability to create collateral pools across different blockchains. Ontology enables the digitization of new and existing assets. The blockchain also has a feature called OScore, which is a credit-scoring system. OScore evaluates the lending/borrowing history and digital asset information of the users. Users on the platform have full control over their accounts and can access their OScore securely to ensure data privacy. In addition, since borrowers have to rely on their OScore data for loans, the collateral required to make loans on the platform is reduced. In Wing’s inclusive pool, users are incentivized to keep a good credit score. Users who repay their loans on time may enjoy lowered interest rates on their loans. Some DeFi platforms similar to Wing include [Uniswap](https://coinmarketcap.com/alexandria/article/how-to-use-uniswap) and [AAVE](https://coinmarketcap.com/currencies/aave/). #### Related Pages: Learn more about [DApps](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps). Learn more about [Bitcoin wallets](https://coinmarketcap.com/alexandria/article/how-to-use-a-bitcoin-wallet). Improve your crypto knowledge with the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog). #### How Many Wing (WING) Coins Are There in Circulation? The WING token has a circulating supply of 976,314 tokens as of February 2021 and a total supply of 2,484,052. WING is the governance token of the platform’s DAO, and as such it confers voting rights on its holders. ### Where Can You Buy Wing (WING)? The WING token can be bought on several exchanges, including: * [Binance](https://coinmarketcap.com/exchanges/binance/) * [OKEx](https://coinmarketcap.com/exchanges/bittrex/) * [Hoo](https://coinmarketcap.com/exchanges/hoo/) Read more [here](https://coinmarketcap.com/how-to-buy-bitcoin/) to learn how to buy Bitcoin ([BTC](https://coinmarketcap.com/currencies/bitcoin/)) and other cryptocurrencies.