WePiggy Partners with BoringDAO to Build a Cross-Chain DeFi Ecosystem
We are excited to announce that the WePiggy lending protocol partners with BoringDAO, a DAO-driven inter-blockchain hub for Web 3.0. The two parties will jointly explore the possibilities of technology integrations, and work together to build a cross-chain DeFi ecosystem.
BoringDAO is an inter-blockchain hub that enables assets, such as USDT, USDC & ETH, to be freely transferred between 16 different chains, including Ethereum, Polygon, BSC, Avalanche, Fantom, Harmony, Gnosis, OEC, HECO, OP, Arbitrum, Boba, Metis, Aurora, KCC & IoTex in a cost-efficient and timely manner.
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, Moonriver, Harmony, Oasis, Aurora and innovative public and Layer-2 networks.
WePiggy + BoringDAO
WePiggy will first add an entrance in its application to oPortal, a cross-chain bridge application powered by BoringDAO, to give users an alternative solution for bridging their assets between different networks.
On the basis of mutual benefit between the two communities, more cooperation will be carried out, including co-marketing campaigns, cross-chain liquidity building, cross-chain collateral repayment and user asset appreciation, etc.
“BoringDAO provides a secure and powerful cross-chain infrastructure to Dapps and normal users. WePiggy will work together with BoringDAO step by step to bring users the cross-chain DeFi lending network. Also, through this cooperation, we can expand WePiggy’s influence to a larger user base.”
– Ron, Zheng, Founder and CEO of WePiggy
“WePiggy provides a secure and powerful lending protocol for people to borrow against their crypto. It’s our pleasure to bridge WePiggy users to a multichain future.”
– Mike, Founder and CEO of BoringDAO
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.
BoringDAO provides safe, highly efficient, frictionless, cross-chain solutions for blockchain networks, including Bitcoin, Ethereum, L2s, and many other EVM compatible chains.