Changing WING Collateral Factor up

Discussion
1

The assessment of the Collateral Factor Standardization Model as of June 18

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Within two months Transactions, Liquidity and Maturity have clearly improved.
Volatility $12 - $25 is not scary at all.
Market Cap is at the same level.
It definitely hasn’t become more centralized.
And the Mechanism is ticking properly.

2

Every once in a while, assets will be re-evaluated based on the latest data and a reasonable Collateral Factor will be determined.

4

The risk is clear that an abnormal high collateral factor will harm the whole pool.

Venus is the biggest lending borrowing platform on BSC. They used to set their token, XVS’s collateral factor to 75%. On May, they got the flash load attack on XVS, and lost $100M. Now they’re gradually reduce the XVS’s collateral factor to 40%.

Clearly, we don’t want to suffer it before we know our collateral factors are too high. Risk is the highest priority and no asset is special.

6

The API from exchanges should be public, maybe you can find it. If you need technical support, I can introduce you a technician.

Another question, the WING pairs are in different chains, how to you realize the arbitrage?

We are glad that you have such an innovative idea!