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Wing Finance, a Credit-based Cross-Chain DeFi Platform, Reports that Particiption in its Community Governance Increased in Dec 2020
The developers of
Wing, a credit-based cross-chain (decentralized finance) DeFi platform launched on the Ontology blockchain (in September 2020), noted that during the month of December 2020, Wing made further improvements to its current product, the Flash Pool, and also introduced its second product, the Inclusive Pool.
The Wing development team confirmed that “participation in community governance is increasing.”
While sharing key milestones and highlights, the Wing developers noted that they introduced the Inclusive Pool on December 9, 2020. It’s described as a credit-based product for users to easily lend and borrow digital assets using credit scores. The Inclusive Pool aims to extend DeFi’s capabilities by leveraging OScore, a “self-sovereign” scoring system developed on Ontology, a “high-performance” or high-throughput
High-performance blockchain platform
Ontology has introduced an “Inclusive Pool” – which is the platform’s first (decentralized finance) DeFi product based on OScore.
Since recently launching OScore, the “decentralized” credit system implemented on Ontology’s DeID, the team at Ontology has been working towards adding a new product to the Wing platform so that they can further develop different use-cases for their community.
As confirmed in a blog by Wing Finance, a credit-based cross-chain DeFi platform:
“We want to introduce one of these products we’ve been diligently testing in-house and are ready to launch the first version of [Inclusive Pool] … we believe [it’s] a truly revolutionary product.”