We should consider to accept WING token as a lending fee payment method.
- Once WING could be used to pay lending fee, the utility of WING will increase
- When borrowers lock a given amount of WING when they borrow assets, the increasing borrowing fee won’t increase the liquidation risk of collateralized assets any more. (For example: currently, if Alice supplies $100 pETH and borrows $50 pUSDT, and the borrowing period generates $5 borrowing fee, then $55 will be counted as borrowed amount, which will be compared to the borrowing limit for liquidation. There could be some extreme circumstances in which the borrowing APR of pToken dramatically increases, resulting in liquidation in a short period).
- Suppliers could receive real-time borrow-related return as they need even though the borrowers have not paid back the assets. (the same example as Alice) In this case, suppliers can achieve higher yields by re-supplying the interests they earn.
- It’s potentially similar to WIP-04. But in this case, a new smart contract can be designed to automatically burn WING commissions in daily or hourly basis.