ONG is the native asset of the Ontology chain, with a market value of over 190 million USD
ONG has performed well since adding to Wing Flash Pool (Ontology) for supplying and borrowing. Now the total supply in the Ontology pool has reached $6.68 million, which shows that users have demand for ONG’s loans.
Now, ONG can cross-chain to BSC through PolyNetwork, and has been listed on multiple DEXs on BSC, such as BabySwap and ApeSwap. The liquidity of ONG-USDT on BabySwap has reached $193k, while the liquidity of ONG-BNB in ApeSwap has reached $118k.
In the future, ONG will also actively expand the ecosystem on BSC. In addition, ChainLink has launched the price feed of ONG on BSC (Oracle: ONG / USD price today | Chainlink), Wing should add ONG to Wing Flash Pool (BSC) for supplying and borrowing as soon as possible , becoming the first DeFi lending platform that supports ONG borrowing and lending on BSC, taking the first-mover advantage.
Suggested parameters:
Weight:1x
Collateral Factor:50%
Liquidity Bonus:8%
Reserve Factor:25%
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