We are thrilled to announce that the WePiggy lending protocol is expected to launch on Polygon at 15:00 (UTC+8) on July 2, 2021 (Friday) and enable the liquidity mining program on Polygon at the same time.
WePiggy-Polygon will first launch the lending markets for USDC, USDT, DAI, WETH, WBTC, MATIC, SUSHI and LINK, other assets will be listed soon according to the actual condition of Polygon mainnet.
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, Huobi Eco Chain, and innovative public and Layer-2 networks represented by Polygon.
Integrating with Polygon will enable reduced gas fees, faster transactions, and a seamless experience for WePiggy users.
WePiggy will also benefit from the thriving ecosystem being built on Polygon. The more projects are live on Polygon, the more high quality native assets will be created and could be launched on WePiggy. Not only the TVL of WePiggy will enlarge quickly but also it will increase WePiggy’s exposure to the Polygon ecosystem.
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.
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 400+ Dapps, ~350M txns and ~13.5M+ unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.