WING Giveaway! 1500 WING Up For Grabs via Wing’s Flash Pool on OKExChain

Wing is hosting an airdrop event for its OKExChain launch! All users who participate in the Wing Flash Pool will have a chance to share up to 1,500 WING.

Wing Finance
Wing Finance
2 min readMay 14, 2021

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Duration: From now until 8am (UTC), May 20

Wing Finance is a credit-based, cross-chain DeFi lending platform developed by Ontology. To celebrate the launch of Wing on OKExChain (OEC), we are offering users the chance to win a share of 1500 WING (KIP-20). The more assets you have, the longer period you leave your assets on the platform, the more rewards you will receive.

To be eligible for a WING airdrop, users must interact with Wing’s Flash Pool on the OKExChain and meet the following conditions (within 7 days after launch):

Daily Average Value of Supplied Assets + Daily Average Value of Borrowed Assets * 2 ≥ $500

Let’s break down what this means using some examples.

Bob supplies $300 USDT and borrows $200 USDC on the day Wing’s Flash Pool launches on OKExChain; the funds remain unconverted for 7 consecutive days.

In this example, the average daily value of supplied assets + daily average value of borrowed assets * 2 = $300 + $200 * 2 = $700 > $500. Therefore, Bob’s wallet address meets the airdrop conditions and he is eligible for an airdrop.

Meanwhile, if daily average value of total supplied assets + the daily average value of total borrowed assets * 2 is $100,000 within 7 days in Wing’s Flash Pool (OKExChain), then he will receive an airdrop of ($700 / $100,000) * 1500 WINGs = 10.5 WING.

How will I know if I have received an airdrop?

Addresses chosen to receive a WING airdrop (and the amount to be received) will be announced via Twitter after May 20.

Airdrops will be awarded within 7 working days of the event’s end date (May 20).

How to get started

If you are new to Wing Finance, check out our step-by-step guide to Wing’s Flash Pool (OKExChain).

Good luck!

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Wing Finance
Wing Finance

Wing built a decentralized finance (DeFi) platform to support cross-chain collaborative interaction between various DeFi products.