PiggyBank has not officially confirmed the launch of a token or an airdrop. Instead, the platform currently runs an incentive campaign known as the Oink System, which rewards users with points called Oinks based on their participation. These points are mainly earned through deposits made into PiggyBank vaults. Participants accumulate Oinks that contribute to leaderboard rankings, and top users may qualify for various rewards such as protocol revenue distributions, partner incentives, and possible future airdrops if a token is eventually launched. The Oink campaign is scheduled to run until March 31, 2026.
Within the system, Oink points are calculated based on the assets deposited into vaults, and different assets have different multipliers. For example, USDC deposits receive a x1 multiplier, while SPYx deposits earn a higher x3 multiplier, making SPYx vaults more efficient for accumulating points. The multiplier for JitoSOL vaults has not yet been confirmed. PiggyBank also features an active referral program that encourages community growth. Referrers can earn 10% of the Oinks generated by their referred users, while the referees receive a 5% boost in Oinks. Since rewards are determined by leaderboard rankings, both the size of deposits and the choice of assets play an important role in maximising potential benefits within the campaign.
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