USDT

WePiggy is a decentralized lending protocol that allows people to lend and/or borrow crypto assets. It allows users to deposit certain tokens into liquidity pools that they can borrow from. Lenders then earn interest and rewards from the assets they deposit.

pToken is an interest-bearing token minted and burnt upon supply and withdrawal of assets on WePiggy market. It denotes the amount of crypto assets supplied and the yield earned on those assets. For example, when you deposit Dai, you will receive a certain amount of pDai from WePiggy. When you redeem it, these pDai will be disposed correspondingly.

WPC is the governance token for the WePiggy protocol. By supplying certain tokens, you can earn WPC from the protocols as extra rewards on top of base interest. WPC token holders can also propose and vote on changes to the WePiggy protocol.

Your yield basically includes two parts: 1. Interest paid by the borrowers 2. WPC rewards distributed by protocol Normally, a higher asset utilization rate can lead to a higher lending APY. WPC rewards are variable for each token based on community governance.

Here's one main risk WePiggy may have: Contract risk: WePiggy smart contracts could be hacked, or bugs in contracts could be exploited. In such cases, your assets may be lost.