WePiggy and QuickSwap Will Work Together to Promote the Widespread Use of $dQUICK
We are excited to announce that the WePiggy lending protocol will work together with QuickSwap, the leading DEX application on Polygon, to promote the widespread use of $dQUICK, as well as lending market creation, liquidity building and other fields for mutual benefits of the two communities.
QuickSwap incorporates the popular features of leading DEXs, but provides the missing critical ingredients required for a truly seamless user experience: high-speed token transfers and negligible transaction fees.
WePiggy focuses on building an open-source, non-custodial crypto-asset lending market protocol that helps users realize asset appreciation and maximize utilization across many blockchain networks. On the premise of giving priority to funding security, WePiggy actively creates a more diverse lending market, optimizes the execution efficiency of smart contracts, and expands more dimensions of the business logic. Under the WePiggy multi-chain deployment plan, WePiggy is covering Ethereum, OKExChain, Binance Smart Chain, Polygon, Huobi Eco Chain, Arbitrum and other innovative public and Layer-2 networks.
WePiggy + QuickSwap
$QUICK is the native token in QuickSwap’s ecosystem, while users can get $dQUICK by staking their QUICK token, 0.04% trading volume of QuickSwap will be routed to $QUICK stakers.
What’s more, $dQUICK holders are able to earn more passive income though staking their $dQUICK in Dragon’s Syrup pools.
So, compared with $QUICK, $dQUICK is a more ideal wealth appreciation tool for users, a more ideal asset for the lending market as well.
WePiggy has applied for the price feed service from the leading oracle network Chainlink and the price feed address of $QUICK has been officially launched.
WePiggy community will evaluate $dQUICK token and propose to list $dQUICK on the lending market of Polygon mainnet.
The QuickSwap team will contribute to the liquidity building of $dQUICK in WePiggy’s lending market, to eliminate systemic risk of WePiggy protocol as much as possible.
More cooperation, including diversified portfolio management, cross-chain asset transfer and lending, will be released to $dQUICK token holders in the future.
“Through this cooperation, we can expand WePiggy’s influence to a larger user base, expand the scale of high-quality assets of the WePiggy lending protocol on the Polygon mainnet. If $dQUICK gets listed on WePiggy, that will expand the use of $dQUICK, reducing the barrier for users to join in the ecosystem of QuickSwap. More users can earn extra profits through borrowing $dQUICK rather than buy it. Meanwhile, that will give $dQUICK holders more choices to use their $dQUICK and maximize their profits. Also, token holders of $dQUICK can enjoy the powerful and secure application of WePiggy. ”
– Ron, Zheng, Founder and CEO of WePiggy
“Listing dQUICK on WePiggy is an easy decision for us. We have seen many messages from users asking about using dQUICK for lending and borrowing, now they will finally have the chance! When users stake dQUICK on WePiggy, they will earn interest from the borrowing fees, WPC token through lend and borrow, and earn QUICK tokens from volume fees! Then, users can also borrow another asset using dQUICK as collateral. Big win for both projects.“
– Tyler, QuickSwap BD
WePiggy is an open-source, non-custodial, crypto asset lending market protocol. In WePiggy’s market, users can deposit their crypto assets to earn interest, or borrow other crypto assets by paying interest. WePiggy aims to spread the benefits of cryptocurrency’s freedom and transparency to the widest possible user community in a more friendly and simple way, as well as be a good partner for them in wealth management.
QuickSwap is a permissionless decentralized exchange, powered by Polygon’s Layer 2 scalability infrastructure. Incorporating a community-focused governance structure and a fair token distribution model, QuickSwap is empowering traders while removing the costly barriers to entry to DEXs for the general crypto user.