cPIGGY Bank Token (CPIGGY)

The cPIGGY Bank Token (CPIGGY) is a cryptocurrency that aims to generate value for its holders by investing in volatility-based financial products and generating revenue from the blockchain. The project utilizes liquidity providing, investments in financial assets, and market-making strategies to maximize profitability. A significant portion of CPIGGY tokens are locked in decentralized exchanges (DEXs), and all trading fees are used to buy back tokens to generate additional income. The treasury funds are then invested in volatility-based financial products, with 50% of profits being burned, 30% kept as treasury, and 20% distributed to team members.

cPIGGY employs a token burn mechanism to reduce the tokens in circulation steadily. Tokens sent to a burning wallet will never circulate again, contributing to a decrease in supply over time. Additionally, investment profits and trading fees are used to conduct token buybacks from the market, with some tokens being burned. The total supply of CPIGGY tokens is limited to 10,000,000.00, with the circulating supply allocated for the public, the treasury being used for investments, and a portion allocated for team members, which will be locked until specific conditions are met.

The cPIGGY project is led by a dedicated team. The founder, Ignas N., has been an active member of the Cardano community since 2018 and specializes in high-volatility financial products linked to the VIX Index. The co-founder, Linh Le, is highly experienced in the business development of startups. The social media manager, John T., focuses on creating engaging content to drive growth through various social media platforms. The company, Epsilon DeFi, MB, is registered in Lithuania, EU, and aims to provide innovative solutions in decentralized finance.