Description
Piggy Finance (piggyfinance.io) is a decentralized finance (DeFi) protocol and fork of Tomb.Finance. Its native algorithmic token, $PIGGY, is pegged to the price of 1 AVAX on the Avalanche network via a seigniorage mechanism that dynamically adjusts token supply to maintain the peg; a related $TPIGGY token operates similarly pegged to FTM on the Fantom chain. The multi-token protocol includes staking farms where users can stake PSHARE tokens to earn PIGGY rewards, along with a DAO-controlled fund used for buybacks and peg stability, aiming to bring liquidity and new use cases to the Avalanche ecosystem.