#发帖赢代币PIGGY "Shared Power Bank" on Web3 -- k-word Depth Analysis of Piggy and Gate Activity Participation Tutorial

If you want to know which token is the hottest recently, everyone might have different answers in their hearts, but the name Piggy is certainly among them. As a new coin, it has "gone north" after its launch, recording a 350% increase in just three days. This is closely related to the strong promotion of the launchpool activity on the Gate platform. Today, let's take a closer look at this innovative token and explain how to "earn Piggy while lying down" on Gate.
🚉🚉Move "charging piles" onto the blockchain -- Detailed introduction to Piggy token

As a token that integrates two of the hottest concepts, DePIN (Decentralized Physical Infrastructure) and RWA (Real World Asset Tokenization), Piggy aims to transform a nationwide mobile power sharing network into a Web3 ecosystem. By linking real-world charging activities with on-chain data, Piggycell builds a transparent and reward-driven infrastructure. Users can earn daily incentives through the "charging for profit" mechanism, NFT ownership, and gamified tasks, achieving a seamless connection between physical infrastructure and blockchain. User rentals, returns, and charging transactions are all recorded on-chain, enabling automatic rewards without manual intervention.
📑📑Core technology and operation mechanism of the product:

1. Physical devices and sites: Shared power bank devices and charging terminals are placed in stores/areas.

2. Record and Event Broadcasting: Every lease, return, and recharge event will be recorded on opBNB (BNB Chain L2) at a low cost. This makes the data verifiable.

3. Recharge to Earn: Users earn PIGGY tokens by recharging within the app, based on usage/activity data. Users do not need to perform complex on-chain processing—the app will tokenize the activities in the background.

4. Distributable Earnings: NFTs representing physical sites or geographical areas. These NFTs will earn a certain proportion of token earnings based on the actual usage of these areas.

5. Participation Mechanism: Daily logins, invitations, and challenge game elements will also receive rewards and tracking at both the blockchain and application levels.

6. Smart Contracts: Rules for reward distribution, staking, and NFT → usage relationships are all encoded in the contract. It has been reported that the project recorded a large amount of on-chain activity during the testing phase.

💪💪Core innovations and project advantages:

✅ Tokenize micro-energy (small quantity but high frequency, such as mobile phone charging) to track and reward each energy usage, and create revenue for infrastructure owners.

✅High-quality real-world assets and a wide customer base: The project tokenizes the shared charging network across South Korea. It will connect over 14,000 charging stations and more than 100,000 devices to the blockchain, serving over 4 million paying users.

✅ Organically transition users from Web2 to Web3: Allow users to earn tokens through real-world usage without complicated on-chain steps.

✅Provides complete verifiability: Maintains immutable records in smart contracts using telemetry data from devices. It supports various revenue models, such as Charge-to-Earn for tenants and Dominate-to-Earn for regional NFT holders.

💰💰Token economic model -- low circulation rate and wide applicability are the highlights

The total supply of Piggy tokens is fixed at 100 million, with an initial circulation rate of 2.12% and a circulating market value of only 3.6 million USD, corresponding to an FDV of 170 million USD. PIGGY has created a utility-based token economy that rewards individual users and energy providers by supporting a "earn-stake-manage-pay" cycle. The distribution and unlocking plan for the tokens is as follows:

Dominate-to-earn: 25%

Charge-to-earn: 20%

Challenges: 10%

Early fundraising: 10%

Contributors and Developers: 10%

Treasury: 10%

Team: 7%

Liquidity: 5%

Marketing: 3%
💡💡Wide range of token use cases:

Payment and Settlement: Used to pay for in-app energy fees.

Token rewards: Earn through deposits, earn through games, and task challenge rewards.

Staking: Stake tokens to earn rewards and increase reward parameters and governance rights.

Community Governance: Use staked PIGGY to vote on protocol settings.

NFT Interaction: Integrate reward streams with site/area NFTs.

Liquidity/Trading: Trading through DEX/CEX liquidity pools.
📈📈Market Analysis: After the Piggy token was launched on the Gate platform, it quickly surged, with prices reaching a peak of around $2.7. Subsequently, the price slightly retraced and oscillated around $1.7 for consolidation. From the 4-hour perspective, the MACD shows a bearish contraction pattern, and the KDJ is in the oversold region. After experiencing a period of horizontal oscillation, there are signs of reduced volume, indicating that short-term selling pressure may decrease, and a rebound may follow.

Comment: It is not difficult to see through analysis that Piggy's biggest highlight is its extremely low initial circulation rate, which can ensure that the retail selling pressure is minimal in the early stages of being listed on exchanges. Coupled with the wide-ranging use of the token in real-world assets, a "many monks, little porridge" situation may arise. Based on past experience, projects with extremely low initial circulation rates often have a portion of their chips held by the founding team and institutions, creating the possibility for the team and institutions to significantly raise the price in the short term due to the small circulating supply.
🔥🔥Gate launchpool participation guide:

In this launchpool event, users can choose to stake Gusd or Piggy tokens to earn rewards and share 70,000 PIGGY tokens for free. (Event details: https://www.gate.com/zh/announcements/article/47886.)

✅Participation steps:

1️⃣Log in to your Gate account and complete identity verification.

2️⃣ Click on Finance -- launchpool to enter the page and select a staking project, for example: Piggy

3️⃣ Choose the Gusd staking pool or the Piggy staking pool, complete the staking, and receive earnings every hour.

4️⃣ Warm reminder: Gate Launchpool allows users to stake in advance. You can stake your assets ahead of the project's official launch to ensure you start earning rewards as soon as the mining begins.
✅Let me share my experience participating in the launchpool.

I participate in every session of Gate's launchpool activities. If you are looking for a low-risk, high-return investment method in the cryptocurrency space, launchpool is essential. You can use the tokens you hold for long-term investment or idle Gusd for collateral. There is no risk, and the APR can reach up to 1000%. Earnings are automatically credited every hour, and all you need to do is move your fingers; it's a surefire way to make money effortlessly.

As for the choice of mining pools, if you are a conservative investor looking to avoid any risks, you can choose the Gusd mining pool. If you are optimistic about the future price of Piggy and want to achieve high returns, you can choose the Piggy mining pool, and you can also hedge against risks through methods such as futures market hedging.

That's all for today. If you have any thoughts on Piggy, feel free to leave a comment for discussion. Wishing everyone prosperity every day!