This proposal suggests two goals for WePiggy’s governance, namely: decentralization and the widespread use of WePiggy’s protocol .

    WePiggy’s ultimate goal is to achieve complete decentralization.

    The widespread use of WePiggy can be measured from multiple dimensions, including but not limited to the following:

    1. Security
    That is the prerequisite for the widespread use of WePiggy. It includes not only the security of the smart contracts but also the security of the liquidity within the system, as well as the security of the entire DeFi system that WePiggy relies on.

    2. A variety of crypto assets
    That is a direct reflection of how WePiggy binds with the interests of other communities, it is an indirect indicator of the widespread use of WePiggy’s protocol, and it also represents the strategic depth of WePiggy.

    3. Total value locked (TVL)
    TVL is a core indicator of lending protocol, the direction of WePiggy’s efforts, also a direct indicator of the success or failure of WePiggy protocol.

    4. Brand influence
    The popularity and reputation of WePiggy’s brand are deeply correlated to the widespread use of WePiggy.

    5. Product innovation
    Based on the core business-lending market, develop new financial tools. Expanding new types of business step by step to attract more new users to use WePiggy.

    In order to ensure the smooth realization of the goal, it is necessary that WePiggy core development team should play the role as the largest participant. For quite a long time, the core team should be responsible for their own development costs and investment, rapid iteration products, deep participation in community governance. At the same time, under the premise of not affecting the financial interests of the community, the team shall have a certain degree of decision-making flexibility.

    The WePiggy core development team should work with the community to actively promote user growth, business adoption, and more wallet access to ensure that WePiggy has a place in the lending market field of DeFi.

    The WePiggy core development team also needs to take the lead to carry out various simple or complex development tasks in the ecosystem, maintain the brand and domain name, front-end server, forum facilities, voting system, and other infrastructures, and ensure the normal operation of WePiggy in the early stage.