Clear Result

Clear Result

Pigy Token

Description

PIGY Token—which was built on the Cardano crypto-currency blockchain—is currently being distributed by SPO as special rewards to delegators. PIGY Token strengthens the Cardano ecosystem by supporting the delegators to the smaller stake pools that are the backbone of decentralization and integrity.

The primary mission of PIGY Token is to give incentives to delegators that stake in small stake pools for some period of time. These incentives are in PIGY Tokens which can later be converted to ADA; which is the main cryptocurrency of Cardano. This move is beneficial to both the Stake Pool Operators and the delegators equally. How it helps the stake pool operators is simple. The stake pool operators, particularly the small ones who do not really have many blocks delegated to them and are struggling would get more blocks delegated to them due to the rewards and incentives that would be given to the delegators that do so.


Associated Token

PIGY



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