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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Maria Irene
Maria Irenehttp://ledgerlife.io/
Maria Irene is a multi-faceted journalist with a focus on various domains including Cryptocurrency, NFTs, Real Estate, Energy, and Macroeconomics. With over a year of experience, she has produced an array of video content, news stories, and in-depth analyses. Her journalistic endeavours also involve a detailed exploration of the Australia-India partnership, pinpointing avenues for mutual collaboration. In addition to her work in journalism, Maria crafts easily digestible financial content for a specialised platform, demystifying complex economic theories for the layperson. She holds a strong belief that journalism should go beyond mere reporting; it should instigate meaningful discussions and effect change by spotlighting vital global issues. Committed to enriching public discourse, Maria aims to keep her audience not just well-informed, but also actively engaged across various platforms, encouraging them to partake in crucial global conversations.

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