Wing - WING

 Basics

• Based in:
• Announced on:
• Mainnet release: 9-2020
• Not to be confused with Wings.

Audits & Exploits

• No existing Wing Finance Bug Bounty program was found in any of their documentation or in web searches (27-7-2021).

• Scored a 21% on DeFi Safety (27-7-2021):

"These are good audits, but the contract code of the Ethereum Contract is in all cases in byte code only. In addition there is no GitHub. Due to the fact that there is no means to verify if the code being executed is the same as the code that was audited, Wing Finance therefore gets a 0% on their audits.

Certik published a Wing Finance audit report on May 11th 2021.

PeckShield published a Wing Finance audit report on April 2nd 2021.

BEOSIN published a Wing Finance audit report on September 13th 2020.

BEOSIN published another Wing Finance audit report on September 13th 2020.

Note: Wing Finance was launched in September 2020.

Note 2: Most fix recommendations were implemented."

Governance

Admin Key

• From DeFi Safety (27-7-2021):

"a) Contracts are clearly upgradeable through a voting system that implements contract changes.

b) Voters and team have defined roles in their DAO, but there is no mention of actual access controls. Who has the keys to change the contract?

No Pause Control documentation was found, and cannot verify testing without a software repository."

Technology

• Whitepaper can be found here.
• Code can be viewed [insert here].
• Built on: Ontology

How it works

• From Cointelegraph (25-9-2020):

"The system's OScore analyzes each user’s on-chain behavior to generate a credit score. This then determines the amount of collateral the user needs to post for a given loan: “So instead of everything being over-collateralized right now, you have to put up $10,000 if you want to borrow $8,000 with undercollateralized loans, you can show a credit score that's built off of your on-chain transaction history and your DeFi interaction history.”
Pinos said that this feature is not yet live, though he noted that it will be integrated into the next pool."

Interoperability

• Will have cross-chain interoperability with Ethereum (25-9-2020).

Roadmap

• Can be found [Insert link here].

Usage

• Has $180 million in crypto assets staked on its platform (25-9-2020).

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].
• Erick Pinos, Ontology’s ecosystem lead for the Americas and an advisor to Wing.