Pi Bridge Utility Token – Wrapped Pi
Pi Bridge sets up the Pi Network to have a link to the BNB Chain and the entire DeFi ecosystem.
Wrapped up Pi Live on PancakeSwap
The Pi Bridge tool, Wrapped Pi (WPI), has launched as an intended bridge between the Pi Network and the BNB Chain. The token is open for trading on PancakeSwap and is tracked by CoinMarketCap.
The token is currently trading at $4.04. To trade, users must add their token address to PancakeSwap. The price of WPI is speculative and does not reflect the value of Pi at this time.
Wrapped Pi will work 1:1 with Pi Coin, meaning that once one WPI is created, a Pi Network Pi Coin is locked. The ultimate goal of Wrapped Pi will be a bridge between the BNB Chain and the Pi Network.
The Wrapped Pi is an unofficial token for the BNB chain that acts as an alternative to the native Pi coin. No official connection from the Pi Network core team has been established.
When the Pi Network mainnet becomes active, PiBridge has stated that it will integrate with the Pi blockchain. Pi Bridge is home to a decentralized application (Dapp) available on iOS and Android with features such as farming, stakes and earnings, lending and e-commerce.
Pi Bridge states in its documents that it will look to bridge chains like Polygon and Cosmos in the future. The documents also indicate that several Decentralized Finance (DeFi) products such as liquidity pools will be built for Wrapped Pi on the BNB Chain. Pi Network and Pi Community would become a powerful duo with BNB Chain.
A lot of hype has recently come about the Pi coin. The coin was listed on several centralized exchanges before the unannounced mainnet launch. The Pi Network community has responded with mixed opinions.
Pi Network has recently claimed that all recent token listings have occurred independently of the core team. The CoinMarketCap page for Wrapped Pi also reveals that the Pi Network has faced recent controversy with a disclaimer at the top of the page.
What is Pi Bridge:
PiBridge is a hybrid all-in-one financial application platform that combines both DEX and CEX models with multi-chain and cross-chain AMM, agriculture, lending, fundraising platform (launch platform), event tickets, marketplace, prediction, NFT and more functions. PiBridge will become a unique blockchain bridge that connects to other platforms such as commerce, finance, education, etc. All products will be developed with the Pi Network as a base.
Where to find Pi Bridge:
Website | Twitter | Telegram |
What is Pi Network:
Pi Network is a mobile blockchain mining project on a mission to give everyone access to the cryptocurrency revolution. The project was founded by a team from Stanford University Ph.D. candidates who designed a mobile-friendly blockchain mining algorithm.
The Pi Network has evolved over the years and has organized a hackathon, built a couple of working Pi blockchain apps, and is now in the final stages of transitioning to the public mainnet.
Where to find Pi Network:
Website | Twitter | LinkedIn | Facebook | Instagram |
