Flamingo Finance DeFi Partners with Wing
The Flamingo Finance team is thrilled to announce a new partnership with Wing!
What is Wing?
Wing 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. Combined 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, and guarantors. In addition, Wing offers an innovative credit evaluation module that rewards users for developing good credit on the blockchain.
What does the Flamingo x Wing partnership entail?
Flamingo has added the WING token to the Flamingo Finance DeFi platform and has launched a new liquidity pool: FLP-FLM-WING. Users can now trade WING tokens using convert, add liquidity to the FLP-FLM-WING liquidity pool, and stake the LP tokens in the pool to start earning staking rewards in FLM immediately.
Flamingo’s FLM token will also be added to the WING DeFi platform. Users will now be able to earn WING tokens with the Wing Flash Pool (Ontology) by supplying or borrowing FLM. Check out Wing’s user guide to learn how.
This also means that FLM and WING can now be swapped and transferred cross-chain between the Neo N3 and Ontology blockchains.
And to celebrate this partnership, Flamingo and Wing bring you TWO opportunities to earn WING and FLM, with staking incentives of up to $240,000 in WING and FLM and prizes of up to $600. Check out Wing’s article for more information.
After adding the new FLP-FLM-WING pool, the minting distribution table now looks like this:
