Piggy Finance

Piggy is a decentralized borrowing system that lets you obtain interest-free loans in exchange for $BNB as security. Loans are paid out in $PUSD (a USD-pegged stablecoin) and borrowers must maintain a collateral ratio of at least 110 percent.

The loans are backed, in addition to the collateral, by a Stability Pool comprising $PUSD and by other borrowers collectively acting as guarantors of last resort.

Stable-value assets, which have grown to represent billions of dollars in value on BSC, are a fundamental building component for blockchain applications.

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