Decentralized Finance (DeFi) has shattered all expectations in 2020, reaching a total market cap of 87B$*and 51B$* in Total Value Locked (TVL).
Volume increased and DeFi users/projects migrated to Binance Smart Chain (BSC) due to the very high gas fees on Ethereum (ETH).
The new born BSC is now a big challenger to the established ETH, with TVL on Pancakeswap at 4.3B$* compared to 4.6B$* on Uniswap.
With all the excitement building up, many of new projects are launched and unfortunately many scams have drained investor’s funds.
Not your keys, not your coins — when you farm or stake, you allow the smart contract to transfer your coins to the platform and become centralized. As a result, you have to trust the project and the team with your funds. That would be comparable to putting your savings in a bank or an exchange.
PIG protocol provides an easy solution:
◾️all coins remain in your wallet, no rug possible and 100% decentralized
◾️automatic yield farming without the complications of pairing assets for liquidity and risks of impermanent losses
How is this possible? A 5% tax is applied on every transactions, of which 2% is distributed to holders proportionally to the amount held and 3% gets locked forever in PIG-BNB liquidity in Pancakeswap. This means the yield is automatically compounded,without paying gas fees.
PIG yield farming token includes the following deflationary mechanisms:
◾️locking liquidity on all transactions reduces the circulating supply constantly which creates an ever rising price floor
◾️ the blackhole which initially swallowed 50% of supply, is getting the 2% yield auto-compounded as well, meaning it’s exponential
Fair Launch 😀
PIG has been stealth launched. 100% of PIG supply was seeded as liquidity. That means no presale and no allocation to team members.
100% Decentralised 🌎
By transferring ownership of the contract, the dev has gifted PIG protocol to the community.
Consequently PIG is 100% community led, a coin by the PIGster for the PIGster.
In 12 days, we have reached 4400 holders and 2350 active members in Telegram, all enthusiastic PIGsters from all over the world! 🐖🐖🐖
The Piggy Decentralized Bank, by the people for the people. 🐷🏦💥
📊 Livecoinwatch https://www.livecoinwatch.com/price/PIGToken-PIG
📝Token Adress 0x8850d2c68c632e3b258e612abaa8fada7e6958e5