All About Pi Network’s PiDaoSwap Launch: Key Features, Uses, and More!

PiDaoSwap, a Canada-based blockchain project, has launched the first-ever decentralized exchange (DEX) built exclusively for Pi Network’s Open Mainnet. PiDaoSwap promises to bring speed, simplicity, and security to the Pi ecosystem, along with eight powerful DeFi features designed to meet the needs of both newcomers and seasoned crypto enthusiasts.

Looking to trade, stake, or participate in governance? PiDaoSwap offers something for everyone.

Curious to learn more? Read on.

What is PiDaoSwap?

PiDaoSwap is a decentralised exchange, which is developed exclusively for the Open Mainnet of the Pi Network. It is developed by a Canadian blockchain development group with years of experience in the cryptocurrency sector. 

Purpose of PiDaoSwap

PiDaoSwap is built with three clear purposes:

1. Simple, secure, and fast trading for users of the Pi Network.
2. To become a native DeFi platform for staking, trading, launching tokens, and more, all within the Pi ecosystem.
3. To offer a platform that supports both beginners and experienced crypto users.

Key Features of PiDaoSwap

Here are the eight key features of PiDaoSwap:

Basic Trading: Effortlessly swap Pi Network tokens with a user-friendly interface, making simple exchanges accessible to everyone within the Pi ecosystem. 

Cross-Chain Trading: Seamlessly trade digital assets from various blockchains directly within PiDaoSwap, expanding trading opportunities beyond the Pi Network.

Limit Orders: Execute trades at your desired price points by setting specific buy or sell orders, providing more control over your transactions on PiDaoSwap. 

IDO Launchpad: Discover and invest in new and promising Pi-based projects directly through PiDaoSwap’s Initial DEX Offering platform.

Farms & Staking: Earn passive income by locking your Pi-based assets in farms or staking pools, receiving rewards for contributing to network liquidity and security.

Prediction Markets & Lottery: Engage in fun, decentralised prediction markets and lottery games using Pi, offering opportunities for speculation and potential winnings.

On-Chain Governance: Participate in the platform’s evolution by voting on proposals and changes through its Decentralised Autonomous Organisation (DAO) structure. 

Community NFTs: Collect, use, and trade unique digital collectibles specifically created for the Pi Network community, fostering engagement and ownership. 

What Makes PiDaoSwap Special?

Here is what makes PiDaoSwap stand out:

All-in-One DeFi Hub: PiDaoSwap integrates various DeFi functionalities like trading, investing, governance, and even entertainment, offering a comprehensive user experience within the PiN Network.

Cross-Chain Support: By connecting Pi Network to other blockchains, PiDaoSwap broadens trading opportunities and allows for the seamless transfer of value across different ecosystems. 

Yield Aggregation: PiDaoSwap maximises earning potential by providing diverse options such as staking, farming, Initial DEX Offerings, and Non-Fungible Tokens within one platform.

Security First: Prioritising user safety, PiDaoSwap employs rigorously audited smart contracts and maintains an insurance fund to mitigate potential risks and ensure asset protection.

Community Governance: Empowering its users, PiDaoSwap implements on-chain voting, allowing the community to directly influence the platform’s development and future direction. 

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A First for the Pi Ecosystem

PiDaoSwap is the first decentralized exchange built just for the Pi Network. It allows users to trade and launch tokens within the Pi ecosystem, without needing third-party platforms or external exchanges.

Its launch is perfectly timed, coming just a few months after Pi Network entered its Open Network phase, which allows real applications and projects to go live on the blockchain.

The launch of PiDaoSwap has already made waves in the Pi community. In the past 24 hours alone, PI’s price has risen by 1.1%, and in the last two weeks, the token is up more than 10%.

Right now, PI is priced at $0.611, still about 79% below its all-time high, which shows there’s potential for future growth as the network and its apps gain traction.

The Road Ahead

With the release of PiDaoSwap, the Pi Network enters a new phase—one that supports real DeFi activity, deeper community engagement, and more serious development on the Mainnet.

As more users and developers join the ecosystem, expect to see new projects, more tools, and increasing adoption.

Keep an eye on Coinpedia for the latest updates – this is just the beginning.

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