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Cryptocurrency Miscellaneous in Cryptocurrency . 2 years ago
What is PiggyBankDAO? PiggyBankDAO is a decentralized reserve currency protocol based on the PB token. Each PB token is backed by a basket of assets (e.g. MIM, LPs) in the PiggyBankDAO treasury, giving it an intrinsic value that it cannot fall below. PiggyBankDAO also introduces unique economic and game-theoretic dynamics into the market through staking and bonding.
What Makes PiggyBankDAO Unique? PiggybankDAO creates a set of 2D retro style (aka. pixelate style) cute pages which encourage people to store crypto assets into "PiggyBank", and in return people will get benefited powered by PB staking, the PB coin can be ensured at a stable price by backing stable assets(MIM) mechanism. Besides the main logic for this app, the team is also trying to create mini games to make a funny culture, where PB holders can participate and get reward. The speciality of PiggyBankDAO is making the financial activity funny and pleasing.
Posted on 26 Apr 2022, this text provides information on Cryptocurrency related to Miscellaneous in Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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