Piggy

Piggy
1 PIGGY =
 $ 0.00046
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Market Capitalization:
0.00 $
Circulating supply:
0.00 PIGGY
Maximum:
100.00M PIGGY
Volume (24h):
15.92K $
Daily range:
0.00045 - 0.00050
Changes (7d):
-24.95%

Cryptocurrency Piggy (PIGGY)

The price for Piggy (PIGGY) cryptocurrency is currently 0.00046 $ (15 min delay), daily range of currency change is 0.00045 - 0.00050 .
Last 24 hours news: trading volume - 15.92K $, price variance -7.46% .
The highest trading volume belongs to the pair PIGGY/USDT at the Bibox exchange

Project Website - https://piggy.fi/
Explorer of transactions - https://bscscan.com/token/0x1beac6df550be0ad146dd99b4726c6bec9c5c6a5
Twitter Account - https://twitter.com/Piggy_Fi

Chart Piggy (PIGGY)

Current price Piggy (piggy) 0.00046 $
Market Capitalization 0.00 $
Trading Volume last 24h 15.52K $
Minimum exchange rate (24h) 0.00045 $
Maximum exchange rate (24h) 0.00050 $
Absolute maximum 0.19 $
Absolute minimum 0.00011 $

Piggy Quotes

#
Exchange
Pair
Price
Spread
Volume
Last traded
1
0.00046 $
0.00045599$
44.54% 15.52K $ 2022-12-08 17:04:36

What is Piggy (PIGGY)

Piggy is a decentralized borrowing protocol that offers interest-free, efficiently collateralized loans backed by $BNB. Unlike competing DeFi lenders, Piggy runs liquidations by making use of a Stability Pool mechanism instead of auctions, which allows it to make more efficient use of capital and offer loans with minimum collateral ratios as low as 110%.
Loans on Piggy are drawn in $PUSD, a dollar-pegged stablecoin. Any user (borrower or otherwise), can deposit $PUSD in the Stability Pool to become a Stability Provider and earn $PIGGY rewards while doing so. When participating in the Stability Pool, users will gradually see their $PUSD balances decrease while also seeing their $BNB (and $PIGGY) balances increase. These changes come from Stability Providers receiving pro-rata shares of $BNB when liquidations happen, along with a continuous stream of $PIGGY rewards.
$PIGGY is the secondary token of the protocol, which can be staked to receive a share of protocol fees from loan originations, and $PUSD redemptions. In due time, following the principles of progressive and orderly decentralization, $PIGGY will also be used to participate in the protocol’s governance-minimized decentralized autonomous organization and vote on matters like Upgrades, Treasury policies, and Contributor grants.

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