Saros and Piggycell Partner to Bring On-Chain Liquidity to Korea’s Power Bank Network

DeFi platform Saros has announced a partnership with Piggycell, the DePIN project behind South Korea’s largest public power bank network. The collaboration is designed to connect real-world infrastructure with blockchain-based finance, using Solana as the underlying network.

Piggycell operates thousands of portable charging stations across South Korea, offering users short-term rentals in high-traffic areas like cafés, transport hubs and shopping centres. By integrating with Saros, the network could gain access to on-chain liquidity, potentially allowing users, operators and token holders to interact with the network in new financial ways.

For Saros, which focuses on building low-cost, scalable DeFi tools on Solana, this partnership offers a use case that ties digital assets to physical infrastructure. The company is best known for its trading tools and community initiatives, including its Liquidity Ocean events aimed at boosting ecosystem participation.

There’s growing interest across Web3 in applying DeFi models to infrastructure networks. Often called DePIN (Decentralised Physical Infrastructure Networks), these projects aim to decentralise services like energy, data storage or connectivity, rewarding participants with crypto incentives. Piggycell’s entry into this space is seen by some as a sign that consumer-facing infrastructure is beginning to intersect more seriously with blockchain-based models.

The announcement comes as both DeFi and DePIN sectors search for sustainable applications that can scale without relying solely on speculation. While the details of how users will benefit from this collaboration are still emerging, both companies suggest that new earning mechanisms and growth opportunities on Solana are part of the roadmap.

More updates are expected in the coming weeks as the integration develops.

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DeFi platform Saros has announced a partnership with Piggycell, the DePIN project behind South Korea’s largest public power bank network. The collaboration is designed to connect real-world infrastructure with blockchain-based finance, using Solana as the underlying network.

Piggycell operates thousands of portable charging stations across South Korea, offering users short-term rentals in high-traffic areas like cafés, transport hubs and shopping centres. By integrating with Saros, the network could gain access to on-chain liquidity, potentially allowing users, operators and token holders to interact with the network in new financial ways.

For Saros, which focuses on building low-cost, scalable DeFi tools on Solana, this partnership offers a use case that ties digital assets to physical infrastructure. The company is best known for its trading tools and community initiatives, including its Liquidity Ocean events aimed at boosting ecosystem participation.

There’s growing interest across Web3 in applying DeFi models to infrastructure networks. Often called DePIN (Decentralised Physical Infrastructure Networks), these projects aim to decentralise services like energy, data storage or connectivity, rewarding participants with crypto incentives. Piggycell’s entry into this space is seen by some as a sign that consumer-facing infrastructure is beginning to intersect more seriously with blockchain-based models.

The announcement comes as both DeFi and DePIN sectors search for sustainable applications that can scale without relying solely on speculation. While the details of how users will benefit from this collaboration are still emerging, both companies suggest that new earning mechanisms and growth opportunities on Solana are part of the roadmap.

More updates are expected in the coming weeks as the integration develops.

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Please enter your name here

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DeFi platform Saros has announced a partnership with Piggycell, the DePIN project behind South Korea’s largest public power bank network. The collaboration is designed to connect real-world infrastructure with blockchain-based finance, using Solana as the underlying network.

Piggycell operates thousands of portable charging stations across South Korea, offering users short-term rentals in high-traffic areas like cafés, transport hubs and shopping centres. By integrating with Saros, the network could gain access to on-chain liquidity, potentially allowing users, operators and token holders to interact with the network in new financial ways.

For Saros, which focuses on building low-cost, scalable DeFi tools on Solana, this partnership offers a use case that ties digital assets to physical infrastructure. The company is best known for its trading tools and community initiatives, including its Liquidity Ocean events aimed at boosting ecosystem participation.

There’s growing interest across Web3 in applying DeFi models to infrastructure networks. Often called DePIN (Decentralised Physical Infrastructure Networks), these projects aim to decentralise services like energy, data storage or connectivity, rewarding participants with crypto incentives. Piggycell’s entry into this space is seen by some as a sign that consumer-facing infrastructure is beginning to intersect more seriously with blockchain-based models.

The announcement comes as both DeFi and DePIN sectors search for sustainable applications that can scale without relying solely on speculation. While the details of how users will benefit from this collaboration are still emerging, both companies suggest that new earning mechanisms and growth opportunities on Solana are part of the roadmap.

More updates are expected in the coming weeks as the integration develops.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

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Global equity markets are bracing for what could become one of the most watched years in modern...

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A new chapter in sovereign cloud infrastructure was unveiled in Davos with the launch of Swiss Subnet,...

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DFINITY has released what may prove to be one of the most consequential papers in the Internet...

DeFi platform Saros has announced a partnership with Piggycell, the DePIN project behind South Korea’s largest public power bank network. The collaboration is designed to connect real-world infrastructure with blockchain-based finance, using Solana as the underlying network.

Piggycell operates thousands of portable charging stations across South Korea, offering users short-term rentals in high-traffic areas like cafés, transport hubs and shopping centres. By integrating with Saros, the network could gain access to on-chain liquidity, potentially allowing users, operators and token holders to interact with the network in new financial ways.

For Saros, which focuses on building low-cost, scalable DeFi tools on Solana, this partnership offers a use case that ties digital assets to physical infrastructure. The company is best known for its trading tools and community initiatives, including its Liquidity Ocean events aimed at boosting ecosystem participation.

There’s growing interest across Web3 in applying DeFi models to infrastructure networks. Often called DePIN (Decentralised Physical Infrastructure Networks), these projects aim to decentralise services like energy, data storage or connectivity, rewarding participants with crypto incentives. Piggycell’s entry into this space is seen by some as a sign that consumer-facing infrastructure is beginning to intersect more seriously with blockchain-based models.

The announcement comes as both DeFi and DePIN sectors search for sustainable applications that can scale without relying solely on speculation. While the details of how users will benefit from this collaboration are still emerging, both companies suggest that new earning mechanisms and growth opportunities on Solana are part of the roadmap.

More updates are expected in the coming weeks as the integration develops.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

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Global equity markets are bracing for what could become one of the most watched years in modern...

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A new chapter in sovereign cloud infrastructure was unveiled in Davos with the launch of Swiss Subnet,...

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DFINITY has released what may prove to be one of the most consequential papers in the Internet...