📢 Important Update: Resetting WING Incentives to Restructure and Move Forward

Given the current situation, we need to launch an emergency governance: we’re stopping all existing WING incentives and restarting them from zero.

This isn’t a move made lightly. It’s a necessary reset to pave the way for a healthier protocol and stronger tokenomics. Here’s why:

❌ Why We’re Stopping Incentives

Misaligned Rewards. We can’t keep rewarding users who only mine, withdraw and sell the WING tokens. That’s not what the protocol was built for.

Limited Real Participation. Flash Pool activity is minimal. The data doesn’t lie. It’s time to reallocate resources where they matter.

✅ Why This Matters

Better Token Supply Control. No more WING emissions means no more inflation. The token’s long-term value should be protected.

We Take WING Seriously. There’s no team that has allocated token according to the original token distribution, all escrowed fund wallet addresses are publicly verifiable and used according to community voting. This move reinforces that we’re playing the long game.

Revamped Tokenomics Are Coming. This is the first step in a broader overhaul. We’re building tokenomics that actually align with future growth, not just short-term participation.

🔜 What’s Next

Proposal For pAssets Incoming. A new proposal will be introduced for all pAsset holders, offering a path forward in the form of bonds.

OKTC WING Takes Priority. Bridging The OKTC WING token to the Ontology Network will be the first to proceed under this new strategy.

New Product Direction. We are working for the Wing 2.0 and exploring more directions. All newly generated WING tokens will be escrowed in a public address and used later for incentives for new products under a stronger tokenomics model.

This isn’t the end. It’s the beginning of something more sustainable, more transparent, and ultimately, more valuable for the community.

Let’s fix what’s broken. Then let’s build.