Adjust the Collateral Factor of oneWING (New)

Currently, the Max Total Supply for oneWING (New) is only 1,095,744.86856 (oneWING (oneWING) Token Tracker | Etherscan). Meanwhile, its daily volume is 0. According to the data, we can see that the liquidity for oneWING (New) is quite low or almost none in the market.

However, the Collateral Factor of oneWING (New) is 70% in Wing Flash Pool (Ethereum), which means that collateralizing $1 oneWING(New) can borrow close to $0.7 other assets in the pool. This will put other assets at risk. So I suggest that we should reevaluate and decrease the Collateral Factor of oneWING (New) in Flash Pool (Ethereum) for security.

What do you think? Feel free to have your say.

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OneWing depeging, 390k Onewing now backed by about only $300k USDC. We should decrease the Collateral Factor of oneWING (New) to 50% firstly

Totally agree. We should keep Flash pool’s safety all the time.