WIP7 Voting Ends, Borrowing Mining Coming Soon!

Execution Status

1. Liquidity Mining Pools Weights Adjustment

Currently, WePiggy has a total of 6 mining pools, and their weights are as follows:

After adjustment:

2. Distribution Mechanism of Borrowing Incentive

The toal weight of BorrowPool is 7500, the weight for each asset as follow:

After 2 days of Timelock, the borrowing mining will be launched on January 30, 2021.

For Users Who Currently Have Outstanding Borrowings

1. To enable the borrowing mining, you should borrow or repay a small amount. For different borrowing currencies, you should do that respectively. Then, the protocol will start to calculate your mining rewards according to the proportion of your borrowing in the market.

​2. The mining rewards has actually started to be calculated after your correct operations, but it can’t be seen until your new operation.

3. If you do nothing, you can not get any borrowing mining rewards from your current borrowings.