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Cardano

What is the PIGY token used for?

How the PIGY token is used. PIGY is a community for s take pool operators and delegators on Cardano blockchain.

What is PIGY token?

PIGY token is the utility and community token for stake pool operators and delegators on Cardano blockchain.

What is the PIGY token used for?

  • Incentivize small stake pool operators
  • Pay for oracle

How does PIGY work?

A part of PIGY supply is airdropped to smaller stake pool operators who registered before 30 Sep 2021.

  • 236 Stake pools have received the token
  • 2.36B/25B distributed (Nov 21)

Delegators earn PIGY tokens by staking ADA to this stake pool operators.

Initially the project started as a memetoken like DOGE but the creator decided to give it more utility.

Oracle

The PIGY oracle posts data on-chain. For example crypto prices, commodities etc.

  • Users of the oracle pay in PIGY tokens.

PIGY Tokenomics

Total supply: 100,000,000,000

Distribution

  • Founder – 20%
  • Development – 40%
  • Reserve – 5%
  • SPO – 25%
  • PR – 10%

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