WePiggy Launches on Moonriver Mainnet Soon!

WePiggy.com
2 min readDec 7, 2021

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WePiggy Lending Protocol is expected to launch on Moonriver at 15:00 (UTC+8) on December 9, 2021 (Thursday) and enable the liquidity mining program on Moonriver at the same time.

WePiggy-Moonriver will first launch the lending markets for USDC, USDT, DAI, BUSD,ETH, WBTC, MOVR and BNB, other assets will be listed based on actual conditions after the lending protocol is in stable operation.

To encourage users to experience WePiggy-Moonriver lending protocol, WePiggy will release Moonriver exclusive events soon. Stay tuned!

Note:

Liquidity Mining Program V2 will be enabled when WePiggy-Moonriver is launched. After the WPC smart contract upgraded, the distribution speed in the first 4 years is approx 0.28 WPC/block , compared with the current distribution speed, reduced by about 70% on all network.

Key points:

1. Upgrade the Current Mining Logic on Ethereum Mainnet
Change the pToken deposit mining logic currently used on Etheruem mainnet, switch to the deposit/borrow mining mechanism consistent with other networks, that is, deposit mining can be realized without staking pToken.

2. Terminate the WPC distribution from the airdrop pool

3. Periodically adjust WPC distribution speed according to the proportion of the total deposit market size on each chain

4. Periodically adjust the WPC distribution speed between assets in the protocol on each chain

How to Use AnySwap to Transfer Assets to Moonriver Mainnet

From BSC mainnet to Moonriver mainnet

Supported assets: BNB, BUSD
Link: https://movr.anyswap.exchange/

From Ethereum mainnet to Moonriver mainnet

Supported assets: ETH, USDC, USDT, DAI, WBTC
Link: https://movr.anyswap.exchange/

How to get the gas fee of Moonriver mainnet

The gas token of Moonriver mainnet is MOVR.
You can swap some MOVR tokens by other assets in Solarbeam (DEX).

Solarbeam link: https://app.solarbeam.io/bridge/gas-swap

About Moonriver

Moonriver is a companion network to Moonbeam and provides a permanently incentivized canary network. New code ships to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code ships to Moonbeam on Polkadot.

About 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.

Website:https://wepiggy.com
Twitter:https://twitter.com/wepiggydotcom
Medium:https://wepiggy-com.medium.com
Telegram: https://t.me/wepiggy
Forum:https://gov.wepiggy.com
Discord:https://discord.gg/wepiggy
Github:https://github.com/WePiggy

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WePiggy.com
WePiggy.com

Written by WePiggy.com

A Crypto Money Market Protocol | Focus on building decentralized financial infrastructures | DeFi users’ good friend | In piggy, we get rich!

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