Wing Finance Partners With ICHI To Launch oneWING

With the recent passing of WIP-24, ICHI and Wing Finance have partnered to create oneWING, a stablecoin pegged to 1 USD that is backed by WING and USDC. oneWING will reinforce the value of WING by giving users a new way to unlock liquidity without having to sell off their WING holdings. The WING tokens used to mint oneWING will be deposited into a community treasury, taking WING out of circulation and creating a pool for funding future WING incentives and community development. Users will be able to use oneWING just like any other stablecoin and also will be able to borrow and lend oneWING on wing.finance.

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