Although 'PIGGY' was the ticker assigned at the deployment of the Piggy Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'PIGGYFI' has been adopted for this token. This designation ensures that assets are distinctly identified.

Piggy is a decentralized borrowing protocol that offers interest-free, efficiently collateralized loans backed by $BNB. Unlike competing DeFi lenders, Piggy runs liquidations by making use of a Stability Pool mechanism instead of auctions.

$PIGGY is the secondary token issued by the Piggy protocol. It captures the fee revenue that is generated by the system and incentivizes early adopters. Holders can stake their tokens to earn the fees generated by loan issuance and $PUSD redemptions.