Wing Finance’s native token, WING, is used for governance and various transactions within the platform. WING holders can participate in protocol decisions, contribute to insurance pools for rewards, receive discounts on borrowing, and use the token to pay transaction fees across different financial products.
At the time of writing, WING has dropped by 30.12% in the past 24 hours, making it one of the day’s biggest losers.
The decline may be linked to the announcement by a major global exchange that it will delist WING along with three other altcoins. This delisting news likely triggered the sharp drop in WING’s price.
