PIGGY

Piggy Finance price 
PIGGY

$0.0002  

0.02% (1d)

Piggy Finance to USD Chart

Loading Data

Please wait a moment.

Add to watchlist
Piggy Finance statistics
Market cap
 

0.00%

$1,715
#8070
Volume (24h)
 

0.00%

$0
#8070
Volume/Market cap (24h)
 
0.00%
Self-reported circulating supply
 
8,571,906 PIGGY
8.57%
Total supply
 
100,000,000 PIGGY
Max. supply
 
100,000,000 PIGGY
Fully diluted market cap
 
$20,005
PIGGY to USD Converter
PIGGY
USD
Price performance
24h 
Low
$0.0002
High
$0.0002002
All-time high
Oct 15, 2021 (2 years ago)
$0.1851
-99.89%
All-time low
May 11, 2023 (10 months ago)
$0.0001488
+34.45%
See historical data
Popularity
In watchlists1,658x
4839th / 8.9K
Self-Reported Tags
DeFiShow all
Do you own this project? Update Token Info


Loading Data

Please wait a moment.

Piggy Finance community

 
 
 
 
 
 
 
 
 
 
skeleton-white

Piggy Finance markets

All pairs

Loading data...

Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure

Piggy Finance news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About Piggy Finance

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.