WIP5 Voting Ends, Will Reward Liquidity Migration And Redistribute The Weight Of The Mining Pool

WePiggy.com
2 min readJan 10, 2021

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Voting Result

Execution Status

Action 1:

According to the WIP5 voting result, 10,000 WPC tokens will be allocated from the “ business development “ part of the WePiggy Foundation to reward users who participate in the first liquidity migration.

WePiggy will conduct a comprehensive data analysis of all users, and propose a fairer and more reasonable rewarding plan, taking into account the participation of users with different amounts of funds.

Action 2:

After the lending protocol goes live, the weights of WePiggy’s mining pools will be adjusted:

Currently, WePiggy has a total of 18 mining pools, and their weights are as follows:

After the lending protocol goes live, the weights of WePiggy’s mining pools will be adjusted:

*pTokens are essentially tokenized deposit receipts of WePiggy.

You can get pTokens by depositing your crypto assets in WePiggy’s lending market.

After WIP5 Execution

Users can still [unstake] tokens from the closed mining pools at any time. The mined WPC tokens are stored in the smart contract and will not be affected.

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WePiggy.com
WePiggy.com

Written by WePiggy.com

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