Cycle Network Docs
  • ๐Ÿ™ŒWelcome
    • ๐Ÿ“–Genesis of Cycle Network
    • ๐ŸŒ€What is Cycle Network
    • ๐Ÿ˜ƒBenefits of Cycle Bridgeless
      • ๐Ÿง‘โ€๐Ÿคโ€๐Ÿง‘For End User
      • ๐Ÿ‘จโ€๐Ÿ”ฌFor Developer
  • โš™๏ธQuick Start
    • ๐ŸฌConnect to Cycle
      • Connect to Cycle Mainnet
        • โ›ตCycle Sailboat
      • Connect to Cycle Testnet
        • ๐ŸชผCycle JellyFish
        • ๐Ÿฆ‘Cycle CuttleFish (Archived)
        • โญCycle StarFish (Archived)
        • ๐Ÿ’ตTestnet Tokens
      • Operator Guideline
    • ๐Ÿ”„Transfer within Cycle
    • ๐Ÿ‘‰How to roll in tokens
    • ๐Ÿ‘ˆHow to roll out tokens
    • โœ‹Claim assets on destination chain
  • ๐Ÿ› ๏ธTechnical Introduction
    • Overview
    • Technical Background
      • ZK-Rollup
      • Sequencer
      • Zero-knowledge hardware acceleration
      • Fully Homomorphic Encryption
    • Module Explanation
      • Omni State Channel Indexer (OSCI)
      • Decentralized Aggregate Sequencer
      • Zero-knowledge hardware acceleration
      • Fully Homomorphic Encryption
  • ๐Ÿ•น๏ธCycle-CORE-SDK
    • Introduction
    • Getting Started
    • Onchain Transaction
    • Query Service
  • ๐Ÿ’กCase Study
    • ๐ŸทPiggy Bank
    • ๐ŸŽฎTapUp
    • โค๏ธโ€๐Ÿ”ฅBridgeless All Chain Trading
    • ๐Ÿค‘Bridgeless All Chain AI Application
  • ๐ŸขResources
    • Website
    • Medium
    • White Paper
    • GitHub
  • ๐Ÿ˜‡Community and support
    • ๐Ÿ“žContact Us
    • ๐ŸตTwitter
    • ๐Ÿค–Telegram
    • ๐Ÿ’ฐCampaign
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  • What is Piggy Bank?
  • Features of Piggy Bank For End Users
  • For Developers
  1. Case Study

Piggy Bank

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Last updated 10 months ago

What is Piggy Bank?

Piggy Bank is a pioneering all-chain asset management platform that leverages Cycle Network to deliver a revolutionary asset management experience. Designed to be a flagship product, Piggy Bank simplifies blockchain usage and serves as an accessible crypto asset management tool for everyone. It offers a bridgeless experience and harnesses Cycle's all-chain liquidity sharing solution to automate and optimize investment strategies across multiple chains.

Features of Piggy Bank For End Users

  1. All-Chain Bridgeless UX

    Piggy Bank eliminates the complexities of different chains for both Web3 and Web2 users. Managing, trading, investing, and minting assets is entirely bridgeless. Users can handle their crypto assets on Piggy Bank as effortlessly as they manage traditional financial products, without needing to understand the nuances of various chains, gas tokens, or third-party bridges.

  2. High-Yield Platform Aggregating All-Chain DeFi Protocols

    Utilizing Cycle Network, Piggy Bank aggregates DeFi protocols from any network (L1, EVM, Non-EVM, BTC L2, etc.). AI-driven analysis evaluates security, yield, and stability, recommending personalized investment strategies. Users can select investment options with a single click, benefiting from superior returns due to aggregated and compounded yields across chains.

  3. Wide Range of Asset Classes

    Piggy Bank supports a diverse array of assets by integrating with Cycleโ€™s all-chain DeFi Hub. Users can manage physical assets like real estate and artwork, access various financial derivatives (options, futures, leveraged tokens), and engage in asset borrowing, lending, and liquidity mining across all chains.

For Developers

  1. Shared Liquidity Pool

    Piggy Bank's integration with Cycle Liquidity Aggregator consolidates fragmented liquidity resources into a shared pool. This approach enhances overall liquidity and capital efficiency, maximizing returns and simplifying liquidity management.

  2. Secure and Low-Cost

    Cycle Network provides Piggy Bank with a unified interface and protocol, streamlining blockchain operations and integrations. The shared liquidity pool reduces the risk associated with single-chain funding and minimizes potential for fraud.

Example: Bridgeless Mint NFT

Piggy Bankโ€™s highly anticipated Piggy Box event has seen over 246K accounts, with nearly 190K assets minted in a bridgeless manner. Users from any chain can mint assets with a single click without leaving their native chain. Transactions, gas fees, and signatures are handled seamlessly on the userโ€™s preferred chain (such as IoTeX, BEVM (BTC L2), Arbitrum, BASE, BeraChain), while receiving assets on the projectโ€™s issuing chain. Quickly enter to experience the revolutionary Cycle Bridgeless Mint Asset and mint your first Genesis Piggy Box.

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Piggy Bank