💟 Market Health (October-27) The market just had a crash and this is an opportunity for us to continue accumulating Altcoins. Money has been withdrawn from Topcoins and will likely be pushed into mid-cap and low-cap Altcoins. However, it is highly likely that buying will come back strongly and close today's 1Day candle in the green color and the market will be very bullish. But be aware that the market during this period will have strong ups and downs so limit the use of leverage as much as possible because your position will be easily liquidated. ETH also filled the gap at 4000$
💟 Market Health (October-27) Money is being withdrawn from coins that have pumped strongly in the past days and is being redirected to the next coins with lower capitalization, so in the next few days there will be many quick pumps with high profit rates. so please check the market regularly to be able to sell at high price areas. This phase will need about 1-2 weeks before the money flows back to the top coins
💟 Market Health (October-26) The market is recovering very strongly with a lot of coins rising above the ATH (All time high) price zone. Currently, BTC still holds the $60000 zone and that is what has helped the market to confidently grow. Let's continue to accumulate and wait for the pump's turn
💟 Market Health (October-25) BTC is still holding the $60000 zone and this is a good sign for Altcoins. However, because the number of Altcoins is too much, the cash flow will be circulated between them, so actively accumulate Altcoins and wait for their turn to pump. At this time, we must always prepare a reserve in case something bad happens and will buy at a lower price if possible.
💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
Wing is building a credit-based Decentralized Finance (DeFi) platform dedicated to the digital asset lending market, supporting cross-chain asset and protocol interactions.
The project aims to support two types of lending activity:
Over-collateralized lending where users can deposit assets whose value is 125% or higher than that of the assets borrowed.
Credit-based lending where users with an OScore can deposit assets whose value is 80% or higher than that of the assets borrowed. According to the initial platform setting, users with an OScore will generally be able to borrow assets totaling a value equivalent to 20 - 500 USD, with the upper limit being 1,000 USD.
The WING token has the following planned use cases:
Voting for new product development, platform parameters, allocation of community funds, etc.
Interest discounts when paying interest to the platform.
Purchasing insurance contracts to hedge financial exposure in the platform.
According to the initial platform setting, 68.50% of WING tokens will be allocated as community incentives and distributed as follows:
50% to the Lending Pool, or to users who receive interest by depositing assets for others to borrow.
40% to the Borrowing Pool, or to users who borrow assets and pay interest to the platform.
10% to the Margin Pool, which stores the funds that the platform deducts from interest payments and is used for paying contract breaches. Users will be able to deposit assets to the Margin Pool, and receive WING for doing so.