What is Pigtoken Finance (PIG) | What is Pig Finance token | What is PIG token
In this article, we’ll discuss information about the Pig Finance project and PIG token
PIG TOKEN
PIG is a token on Binance Smart Chain boasting a number of impressive features. It is the first token with a Black Hole design that exponentially cuts the total supply in circulation by massive amounts. PIG combines this with an innovative Auto-Liquidity feature that increases liquidity of the token rapidly. And finally, PIG has massive decentralization on a scale rarely seen in other tokens. Combine these three together and you get a power house token out of the hands of anyone, except the community as a whole.
ALGORITHM
The Black Hole owned over 50% of supply at launch. The Black Hole counts as one of the wallet holders that 2% of transactions are distributed to. This results in exponential growth of the black hole and exponential burn of the token supply. At the time of this writing, the black hole has already grown to 55% percent ownership of the total supply.
Unruggable
Liquidity is locked in PancakeSwap and ownership of the contract has been transferred to the burn address.
Fair Launch
100% of the PIG supply was seeded as liquidity. That means no presale and no allocation to team members.
Safe Auto-farming
2% of all transactions are distributed to holders. Watch your wallet climb the minute you begin holding.
100% Decentralized
PIG token is community led and managed by volunteers, since ownership has been burned and launch was completely seeded as liquidity.
Continuously Rising Price Floor
3% of every transaction is locked as liquidity in the PancakeSwap PIG/BNB pool, creating an ever rising price floor.
Whale Shock Safety
No wallet holds more than 1% of token supply and no transaction can involve more than 5 trillion tokens.
PIG TOKEN NFT FARM
Pig Token has an innovative NFT Farm where you can stake PIG tokens or partner tokens to earn beautiful NFTs! When you stake your tokens, you earn points which can be used to select the NFTs you’d like. There will be many more NFTs uploaded over time, including tons from our partners! So it’s a good idea to start staking your tokens right away and start earning points. As we form new partnerships, you will also have the ability to earn NFTs from different Binance Smart Chain coins you might hold. Our Piggy Bank is stuffed with benefits for you to enjoy
Pigtoken Finance: Rug and Gas Free Yield Farming
Decentralized Finance (DeFi) has shattered all expectations in 2020, reaching a total market cap of **87B$**and 51B$ in Total Value Locked (TVL).
Volume increased and DeFi users/projects migrated to Binance Smart Chain (BSC) due to the very high gas fees on Ethereum (ETH).
The new born BSC is now a big challenger to the established ETH, with TVL on Pancakeswap at 4.3B$* compared to 4.6B$* on Uniswap.
With all the excitement building up, many of new projects are launched and unfortunately many scams have drained investor’s funds.
Not your keys, not your coins — when you farm or stake, you allow the smart contract to transfer your coins to the platform and become centralized. As a result, you have to trust the project and the team with your funds. That would be comparable to putting your savings in a bank or an exchange.
PIG protocol provides an easy solution:
◾️all coins remain in your wallet, no rug possible and 100% decentralized
◾️automatic yield farming without the complications of pairing assets for liquidity and risks of impermanent losses
How is this possible? A 5% tax is applied on every transactions, of which 2% is distributed to holders proportionally to the amount held and 3% gets locked forever in PIG-BNB liquidity in Pancakeswap. This means the yield is automatically compounded,without paying gas fees.
PIG yield farming token includes the following deflationary mechanisms:
◾️locking liquidity on all transactions reduces the circulating supply constantly which creates an ever rising price floor
◾️ the blackhole which initially swallowed 50% of supply, is getting the 2% yield auto-compounded as well, meaning it’s exponential
100% Decentralised
By transferring ownership of the contract, the dev has gifted PIG protocol to the community.
Consequently PIG is 100% community led, a coin by the PIGster for the PIGster.
In 12 days, we have reached 4400 holders and 2350 active members in Telegram, all enthusiastic PIGsters from all over the world! 🐖🐖🐖
How and Where to Buy Pig Finance (PIG)?
PIG token is now live on the Binance mainnet. The token address for PIG is 0x8850d2c68c632e3b258e612abaa8fada7e6958e5. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough BNB in your wallet to cover the transaction fees.
Join To Get BNB (Binance Coin)! ☞ CLICK HERE
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Trust Wallet
If you don’t have a Trust Wallet, read this article and follow the steps
☞What is Trust Wallet | How to Create a wallet and Use
Transfer $WBNB to your new Trust wallet from your existing wallet
Next step
Connect Trust Wallet to Pancakeswap Decentralized Exchange and Buy, Swap PIG token
Contract: 0x8850d2c68c632e3b258e612abaa8fada7e6958e5
Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
The top exchange for trading in PIG token is currently MXC.COM, LBank, PancakeSwap, and Hotbit
How to buy Pig Token Finance through Trustwallet app - Pancakeswap
Source : https://www.youtube.com/watch?v=sh70l-DjbrQ
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once PIG gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information PIG
☞ Website ☞ Explorer ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you
⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐
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