The WePiggy lending protocol has formed a strategic collaboration along with CLV. Both parties will collaborate to explore technology integration possibilities and develop a cross-chain DeFi ecosystem.
Clover is a cross-chain and decentralized application infrastructure with a single point of contact. Clover has positioned itself as a “Passport to the Omniverse” with a multi-dimensional product lineup that includes Clover Multi-Chain Wallets, Clover Chain EVM, and Universal Cross-Chain Support.
WePiggy is working on an open-source, along with the protocol of a non-custodial crypto-asset lending market that will let users experience asset appreciation and maximize usage across several blockchain networks. WePiggy works to generate a more diverse lending market, optimize the execution efficiency of smart contracts, and expand more aspects of the business logic based on prioritizing financing security. Ethereum, OEC, HECO, Moonriver, Harmony, Oasis, Aurora, and new public and Layer-2 networks are all covered by the WePiggy multi-chain deployment process plan.
In the first step, WePiggy is working towards integrating with the CLV wallet to attract more users from the CLV ecosystem to WePiggy. Its core development team will next offer a precise roadmap for WePiggy’s future deployment on CLV.
WePiggy will be formally deployed on CLV, and the liquidity mining program will be initiated accordingly if the governance proposal is approved.
CLV will help construct DeFi infrastructures like trading liquidity, and price-feed integration, among other things. It will further help reduce the WePiggy protocol’s systemic risk as much as feasible. CLV will also lend its marketing expertise to WePiggy to attract more new users to the protocol.
CLV (formerly Clover Finance) is a cross-chain and decentralized application infrastructure platform.
The CLV chain is an EVM compliant and cross-chain interoperable Substrate-based specialized Layer 1 chain. The CLV wallet is a multi-chain, all-in-one wallet that can be used for DeFi, and Gaming.
Ron Zheng, the founder and CEO of WePiggy, said that participating in the CLV ecosystem is a critical component of our multi-chain deployment strategy. This launch of CLV will surely attract traffic support from the CLV community, boost WePiggy’s industry reputation, and obtain more influence, user base, and capital scale.
WePiggy is a crypto asset loan market protocol that is open-source and non-custodial. Users are free to deposit their crypto assets to earn interest or borrow other crypto assets to pay interest in WePiggy’s market. WePiggy aspires to bring the benefits of cryptocurrency’s independence and transparency to the possible user community in a friendlier manner, along with becoming a good wealth management partner for them.