WePiggy

WePiggy is an open source, non-custodial crypto asset lending market protocol.

In WePiggy’s market, users can deposit their crypto assets to earn interest, or borrow others by paying interests.

Compared with pioneers such as Compound and Aave, WePiggy wishes to create more markets for user’s choices; optimize the execution efficiency of smart contracts, low-down the gas cost; equip users with more financial tools, not only flash loan, but also margin, options, etc. Of course, all the improvements are premised on the basis of users’ fund safety.

Also, WePiggy will try the best to bring better user experience to users. Especially in East Asia market, more improvements would be made to lower the learning barrier for users. With the gradual improvement of the protocol, WePiggy may build up a series of dApps for users here.

In WePiggy’s governance, the core team would like to take a more positive and responsible role. We believe in the importance of goals and fundamental principles, and we fully understand that high quality governance won’t happen in a soulless project.

Therefore, at the early stage of WePiggy’s governance, the core team will actively participate in the governance to work with the community to form an atmosphere of scientific governance. We will discuss the basic governance framework of WePiggy Protocol with all members of the community in our first proposal after the governance forum goes live.

“WePiggy” comes from the slogan: “In Piggy, We Get Rich!”

And, the “We” in WePiggy stands for “Our”, “Piggy” comes from “Piggy Bank”. So, “ WePiggy” can be interpreted as “Our Piggy Bank”. According to our survey, no matter in the East or the West, the image of piggy bank is deeply rooted in people’s hearts, which can help users understand and strengthen the positioning of “crypto asset lending market”.

Meanwhile, the image of piggy is cute, docile and friendly, which is totally different from the stereotypical image of traditional Banking System.

WePiggy aims to spread the benefits of cryptocurrency’s freedom and transparency to the widest possible user community in a more friendly and simple way, and to be a good partner for them on wealth management.

In addition, in traditional Eastern cultures, piggy also symbolize great wealth, which is also highly compatible with WePiggy’s orientation.