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Ontology-based DeFi platform Wing Finance sponsored a new proposal WIP-30, intending to introduce a new product pool on the Ontology version of Wing: Bond Pool.
The Bond Pool is a decentralized fixed-rate bond pool where the bond issuer can customize over-collateralized fixed-rate bonds by setting the total face value, interest rate, collateral, and loan assets accepted. This pool can help borrowers hedge liquidation risks, and diversify the DeFi lending market demand. Through this new product, Wing can obtain a higher TVL and a larger market value.
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