NFT Bonds
NFT Bonds Use Cases
Market Supply Management
Piggy partner projects will issue limited NFT Bonds to reduce the circulating supply of tokens in the market, creating a token shortage to inflate the token's value. In return, they will offer interest on the locked tokens.
Token Locking for Returns
Piggy users can lock their tokens for a specified time period, as determined by Piggy partner projects, and receive an NFT in return. Upon maturity, the NFT will yield the principal tokens along with the accrued interest over the period.
Incentives for Token Locking
To encourage users to lock their tokens, Piggy will offer additional incentives on their locked NFTs.
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