WePiggy’s Liquidity Mining Program Goes Live

WePiggy.com
3 min readNov 9, 2020

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Ready to GO!!

Through the efforts of the WePiggy core development team, as well as the professional support provided by many excellent blockchain security audit teams and individuals, the smart contracts of WePiggy’s liquidity mining program have been completed.

We are pleased to announce that WePiggy’s Liquidity mining program will be officially launched at 2020/09/09 07:30 AM (UTC).

You will begin to earn WPC precisely starting from block 11222000. Be sure to stake the tokens which are required by the initial pools before that for maximum 🐷.

The initial liquidity mining pools:

  • Lending Protocol Pool: cBTC, cETH, cDAI, cUSDT, cUSDC, aBTC, aETH, aDAI, aUSDT, aUSDC
  • Strategic Partnership Pool: YFII

Please note that WePiggy’s liquidity mining program is currently in the blind mining phase. In this phase, your mining rewards will be recorded by WePiggy’s contracts, shown on the pages of mining pools, but all WPC tokens have not been distributed yet.

The core development team will start to distribute WPC at an appropriate timing after WePiggy’s lending contracts have been audited by professional security companies, and then build a DAI/WPC liquidity pool in Balancer exchange at a ratio of 98:2.

Mining-related Information

Before mining, please read the following information carefully:

1. Smart Contracts of Mining

WePiggy’s smart contracts are fully open source, using MIT license.

Some codes are from other protocols including Yam / SUSHI and are subjected to their licenses.

A detailed list as follow:

🐷 WePiggyCoin: The token contract, with COMP/YAM voting functionality.

~Official address: 0x4C78015679FabE22F6e02Ce8102AFbF7d93794eA

👨‍🌾 PiggyBreeder: Deposit cTokens, aTokens, YFII or BPT to farm WPC.

~Official address: 0x451032C55F813338b6e73c1c4B24217614165454

🏦 FundingManager+FundingHolder: Manage WePiggy Foundation’s funds.

~Official address (FundingManager): 0xf18D727C034f47AE2C0FE221C1cf4A15f0557b5F

~Official addresses (FundingHolder), in details:

0xb205d0AeF84C666FBBe441C61DC04fEb844444E6 [Risk Reserves]
0x7a603D06007fc09f896Fb75644365AB091A7b91a [Business Develop]
0x8C14A40c488E16b055bc4e250563B5480047f01E [Team Voting]
0x209EE6f924a39BdDC9A57c0E263dd5E29CEAc78A [Team Funds] 0x1fe0F15546858d9A1E84CE2E7908b160608267c5 [Volunteer]

If you think there’s any issue with it, please feel free to contact us via Discord or contact@wepiggy.com.

In particular, if you think there is a big problem, please kindly contact us privately, so as not to cause severe economic loss to normal users.

Of course, if the problem you reported is confirmed to be true, WePiggy’s core development team will reward you according to the severity of the problem.

2. Smart Contract Audit

WePiggy pays great attention to the security of smart contracts. The core development team has invited multiple audit companies and excellent contract developers to publicly review the contracts and even carry out formal audit works.

First of all, after the code review of YFII core developers, WePiggy’s mining contracts certainly have no principal risk.

At the same time, to ensure the asset safety of users and the accuracy of token distribution mechanism, WePiggy’s mining contracts were audited by “SlowMist”, a well-known security audit company.

After receiving SlowMist’s audit comments, the core development team has carefully made some improvements to the contracts.

Through repeated tests again, all possible security risks of the contracts have certainly been eliminated. The contracts are subject to the conditions for an official launch.

3. Tutorial of Mining

To help users better understand the specific processes of WePiggy’s mining, we write a tutorial for desktop devices: https://www.yuque.com/zgryhn/duu5f7/geepoh

At the same time, we invite all mobile wallet teams and community volunteers to make tutorials for mobile devices.

We will update tutorials in this article and repost them on various social media in the WePiggy community.

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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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