We’re excited to announce that WePiggy, a DeFi Asset Lending Market Protocol, will be integrating with the Oasis Network.
WePiggy offers investors a one-stop-shop for earning interest and borrowing crypto. Compared to other lending platforms, they aim to equip their users with a suite of useful financial tools, some of them will be launched soon, including Flash Loan, Fixed Interest Rate Lending, Financial Supermarket. WePiggy always focuses on user-centered product experience, and will also achieve cross-chain asset transfer and lending in the future. Their lending market protocol is entirely open source.
With the recent Mainnet launch, the Oasis Network is now live and well-positioned to revolutionize DeFi with its scalable, privacy-enabled design. By keeping data encrypted and protected, the Oasis Network can protect against front running, and enable a new class of Open Finance applications that leverage sensitive data, such as bank records and financial statements, to establish the reputation and creditworthiness of individuals. The Oasis DeFi ecosystem has been rapidly growing, including recently announced partnerships with Balancer, Meter, Stafi, Chainlink, YFII and more.
“With the goal of prioritizing the safety of users’ funds, we have been actively working to create a more diversified lending market, optimize the execution efficiency of smart contracts, and expand our business scope.” said Ron, the leader of WePiggy core development team. “Oasis Network is an excellent public chain project that we have been paying attention to, this integration allows us to provide the community users with safe, reliable, high-speed, cost-effective and private user experience. Additionally, the core development team will also, at the appropriate time, propose to list ROSE through a community proposal. This will help connect the WePiggy community to the Oasis community and allow ROSE to better integrate into the DeFi ecosystem.”
Having ROSE listed on the WePiggy protocol will unlock these powerful financial tools for ROSE token holders — enabling them to borrow and earn interest against their ROSE, and experience a variety of powerful and practical financial tools. It will also allow token holders less familiar with the Oasis Network to gain access and exposure to the ROSE token. In the future, WePiggy will also leverage Oasis’s cutting edge technologies such as scalability and confidential computing to bring a decentralized privacy-first lending protocol to the whole blockchain community.
We are eager to see the integration of the WePiggy protocol with the Oasis Network and the addition of ROSE on WePiggy’s lending market. We will continue to work with excellent teams like WePiggy to scale the DeFi ecosystem of Oasis.
About Oasis Foundation
The Oasis Foundation (www.oasisprotocol.org) is an organization supporting the development and ecosystem surrounding the Oasis Network. The Oasis Network is the first privacy-enabled blockchain platform for open finance and a responsible data economy. Designed to give users back control and ownership of their data and financial sovereignty, the Foundation’s mission is to enable projects, developers and community members who seek to realize this vision. To learn more about the Oasis Network go to oasisprotocol.org or follow the Foundation on Twitter or Telegram.
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 other crypto assets by paying interest. 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, as well as be a good partner for them in wealth management.