SmartPiggies
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  • Introduction
  • Getting Started
    • Accessing Testnet
    • What is a SmartPiggy NFT?
      • Background: What is a financial option?
    • Where do Piggies live?
      • Arbitrum Introduction
      • How to use Arbitrum
    • Parts of a Piggy
    • An example Piggy
    • Creating your first Piggy
      • Create a Piggy
      • Request a Piggy
  • Lifecycle of a Piggy
    • Approve Collateral
    • Auction
    • Buy
    • Bid
    • Finalize
    • Clear
    • Settle
    • Claim payout
    • Burn - Reclaim collateral
  • Advanced Functions
    • Transfer
    • Split
  • The User Interface
    • Explore Markets
      • Table Dropdown
    • My Dashboard
      • Table Dropdown
    • Wallet
      • Approving Collateral tokens
      • Approving Oracle tokens
      • Claiming payouts
      • Supported wallets
  • Oracles
    • Available oracles
    • Using your own oracles
    • SmartPiggies and Oracles
  • Arbitration
    • The (optional) Need for Arbitration
    • Setting an arbitrator
    • The Arbitration Process
    • Arbiter Reputation and History
  • FAQ
  • FAQ
  • Developers
    • Contracts
      • Calling the contracts directly
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Introduction

Intro to SmartPiggies

SmartPiggies are non-fungible digital contracts that provide their owners with protection against undesirable changes in the price of any asset, product, or service. In traditional finance terms, SmartPiggies could be compared to a capped option.

A SmartPiggy can be thought of as a tradable digital piggy bank into which money can be deposited, and which is smart enough to distribute its funds between an owner and creator based on pre-agreed terms.

SmartPiggies also have a native self-auctioning mechanism that allows them to globally market themselves, eliminating the need for exchanges.

Anyone or any business wishing to protect themselves against unexpected changes in price or who has spare capital and is willing to take on risk in exchange for a premium may wish to participate in the SmartPiggies ecosystem.

NextAccessing Testnet

Last updated 3 years ago

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