WePiggy Is Coming to Aurora, Bring Multi-Chain Lending Protocol to NEAR
We are excited to announce that WePiggy is coming to Aurora, an EVM layer 2 running on NEAR. WePiggy will join the growing ecosystem of DeFi projects building on Aurora, offering a secure, powerful, and user-friendly cross-chain lending protocol to the Aurora and NEAR community.
Aurora is a solution that allows to execute Ethereum contracts in a more performant environment — NEAR blockchain, a modern layer-1 blockchain which is fast (2–3 second transaction finalization), scalable, and carbon neutral.
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, OEC, BNB Chain, Polygon, HECO, Arbitrum, Optimism, Moonriver, Harmony, Oasis and innovative public and Layer-2 networks.
WePiggy + Aurora
WePiggy core development team will propose a specific plan for WePiggy to be deployed on Aurora.
If the governance proposal has been passed, WePiggy will be officially deployed on Aurora and the liquidity mining program will be launched accordingly.
Aurora will contribute to the building of DeFi infrastructures, including trading liquidity, lending liquidity building and price-feed integration, etc. To eliminate the systemic risk of WePiggy protocol as much as possible.
Aurora will also provide its marketing resource to WePiggy, to bring more new users to the WePiggy protocol.
Besides, more marketing events between WePiggy and Aurora are on the way.
“Participating in the ecosystem of NEAR is an important part of our multi-chain deployment plan. The launch on the Aurora can undoubtedly get traffic support from the Aurora & NEAR community, gain greater influence, user base and capital scale, and increase WePiggy’s industry reputation and brand value. ”
– Ron, Zheng, Founder and CEO of WePiggy
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.
Aurora is an Ethereum scalability solution which gives an opportunity for Ethereum projects to be launched outside of Ethereum to acquire additional markets and provide lower fees to the users. Good user and developer experience are among the primary focus points for Aurora. Aurora is implemented as a smart contract on top of the NEAR blockchain, so it inherits all the advantages of NEAR: a scalable sharded solution that provides the capability of increasing the amount of transactions-per-second horizontally.
NEAR is a high-performance blockchain that is designed to be super-fast, incredibly secure, and infinitely scalable. NEAR’s vision is to create a network that enables people to re-imagine finance, creativity, and community in new and inclusive ways. NEAR is built by an award-winning team of engineers and entrepreneurs to be simple to use, inclusive and good for the environment. NEAR is backed by top VCs such as A16Z, Pantera Capital, Electric Capital, Dragonfly Capital, Coinbase Ventures, Blockchain.com, and Baidu Ventures.