Grants: WePiggy - A DeFi Asset Lending Market Protocol

Name of Project / DAO / Company

[WePiggy]

Application type

[Grant]

Proposal overview

[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.

WePiggy has been deployed in well-known public chains and Layer 2 networks such as Ethereum, OKExChain, Binance Smart Chain, Polygon chain, Huobi Eco Chain, Arbitrum and will soon be launched on Optimism, Harmony, etc., realizing the exchange and lending of cross-chain assets.

Now our total deposit market size is 76,119,582.37, total borrow market size is 29,843,977.32, and data will be updated on the homepage.

WePiggy team is a full-time development team of 19 people, with members from tier-one Internet companies such as Meitu and Meituan, with a complete system and clear division of labor.

WePiggy will launch the lending protocol on Harmony, and allocate WPC tokens to WePiggy users in the Harmony ecosystem.

The grant funds will be used for:
1.Covering the development cost of the first version and the subsequent versions of the protocol
2.Operational cost on Harmony
3.Marketing cost on Harmony

Our milestones are:
Weeks 1-4: WePiggy lending protocol launches on Harmony testnet.
Weeks 5-6: WePiggy lending protocol launches on Harmony mainnet.]

Proposal ask

[$60k]

Metrics for success

[2,000 users]

External links

[Website: https://wepiggy.com
YouTube link: 一分钟带你了解 WePiggy 借贷协议的崭新体验 - YouTube]

WePiggy: Community Poll

  • Yes
  • No
  • More info needed

0 voters

For “More info needed”, please Reply to ask your question

Questions:

  • for the total deposit market size, what currency is this in →
    76,119,582.37, total borrow market size is 29,843,977.32
  • can describe what operational cost on Harmony means?
  • and how many total active users do you have today?

Thanks

The currency is USD. The data we submitted is out of date. Now the deposit market size is US$92,681,720.75 and the borrow market size is US$33,100,978.59.

The operational cost include, but are not limited to, the price-feed oracle, front-end server costs, special customer service and marketing staff salaries, as well as the promotion budget with related partners, etc.

There are more than 7000 users using our product in different blockchain networks. You can track the user details on debank.com.

Visit our website wepiggy.com and enjoy the best user experience of lending protocol.

Feel free to ask if you have any questions.