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CryptoCurrencies

What Is PiFinance (PIFI)? Complete Guide & Review About PiFinance

Cws Team
Last updated: 14/05/2023 12:51 PM
By
Cws Team
ByCws Team
One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He...
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6 Min Read
What Is PiFinance (PIFI)? Complete Guide & Review About PiFinance

What Is PiFinance (PIFI)?

PiFinance is a decentralized platform that allows hedging swaps on financial markets with the aim of providing a coverage to those who work with commodities and an investment opportunity. The project aims to implement the financial swap transaction between two assets through a decentralized IT structure based on Blockchain technology DEX: Similar to other AMM exchanges, the transaction fee is 0.16%, with 0.15% as a liquidity mining bonus and 0.01% as system revenue.

Farms: Pledging LP Token to the farm to harvest PIFI tokens is expected to support up to 160 trading pairs of LP Token by the end of July, with a reward weight of 40x for PIFI/BNB and ranging from 0.1-2x for the others. Cheese Pools: Cheese Pools are equivalent to a token airdrop pool, similar to the Cryptocurrency Launchpool, and other project owners on BSC can apply to partner with Pi Finance and provide a certain amount of tokens for free

PiFinance Storage Key Points

Coin BasicInformation
Coin NamePiFinance
Short NamePIFI
Total Supply 100,000,000,000
Max Supply100,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Leading Pi Economy Ecosystem

As the world becomes increasingly digital, cryptocurrencies are the next natural step in the evolution of money. Pi is the first digital currency available to the general public and represents an important step forward in the global adoption of cryptocurrencies.

The choice is yours

PiFinance is a decentralized platform that allows hedging swaps on financial markets with the aim of providing a coverage to those who work with commodities and an investment opportunity. The project aims to implement the financial swap transaction between two assets through a decentralized IT structure based on Blockchain technology.

How does it work

Pi Network is the main network, similar to the BNB chain, PiFi is the main network token. Pi Network main network is the most powerful AMM automated market maker.

DEX

Similar to other AMM exchanges, the transaction fee is 0.16%, with 0.15% as a liquidity mining bonus and 0.01% as system revenue.

Farms

Pledging LP Token to the farm to harvest PIFI tokens is expected to support up to 160 trading pairs of LP Token by the end of July, with a reward weight of 40x for PIFI/BNB and ranging from 0.1-2x for the others.

Cheese Pools

PiFinance Coin Cheese Pools are equivalent to a token airdrop pool, similar to the Cryptocurrency Launchpool, and other project owners on BSC can apply to partner with Pi Finance and provide a certain amount of tokens for free.

Decentralized autonomous organization

The DAO constitutes the decision-making body of the PiFinance project. It is composed of a series of smart contracts (acting as the main governance token) with which token holders can interface via webApp to vote on proposals and create new ones.

Holders of governance tokens can express their opinion on the worthiness of the proposals. The vote has a weight directly proportional to the number of governance tokens held in the owner’s wallet.

Voting

Proposals related to requests for the implementation of new technological features will be subject to a technical/legal feasibility study before their actual implementation by staff employed by the PiFinance Coin Foundation.

PiFi Cheese Pools Advantage

Pi Finance is the hottest up-and-coming traffic channel on BSC for other projects (especially those in the cold-start phase) that can rely on Cheese Pools to bring in traffic and buzz.

Cheese Pools is a lossless revenue channel, which can enhance user loyalty as long as you hold PIFI to participate.

Limit arbitrage bots by trading frequency

The future is PiFinance

Create swaps on both crypto pairs and metal synthetic assets, become a liquidity provider in one of the numerous liquidity pools or simply buy and hold tokens:

Costs minimized

Trustless

Decentralization system

No need for bank coverage

Market open 24/7

What will there be in the future?

Beginning from a handful of the main crypto assets, such as Ethereum and Bitcoin, these synthetics will reflect the real world prices of the related commodities and give peace of mind to all the users prudent enough to insure themselves against price fluctuations with PiFinance.

PiFi Development Blueprint

On BSC

DEX running on BSC from July-December 2022 with AMM mechanism has Farms, Syrup, Lottery, IFO in addition to trading, pledging, NFT, Gamepad func

On Pi Network

In 2023, they will become the most powerful AMM automated market maker on the pi network by running on the pi network main network and continuously improving the customer experience through the experience of running and deploying on the BSC.

Innovative CE

2024 to build an innovative centralized exchange, based on Pi Network’s strong audience and ecological network, dedicated to building the world’s first no kyc + no threshold IFO centralized exchange.

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ByCws Team
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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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