Breaking: Chainlink Integrates Pi Network
Chainlink, a leading decentralized oracle network, announced that Pi Network has been added to its Data Streams (22 new assets). This gives decentralized apps real-time Pi/USD price feeds and unlocks on-chain Pi usage across blockchains.
Key Benefits
Pi Network: Gains secure price oracles and cross-chain compatibility, unlocking DeFi and Web3 utilities (lending, staking, gaming, etc.).
Chainlink: Expands its ecosystem with a new asset and taps into Pi’s massive user base, strengthening its role as the oracle standard.
Use Cases
Pi tokens can now flow into major networks (Ethereum, Avalanche, etc.), boosting liquidity and enabling diverse DeFi applications.
New scenarios include Pi-backed lending pools, staking derivatives, NFTs and tokenized assets (real estate, digital art, commodities) via Chainlink-fed oracles.
Impact for Pioneers
Over 60 million Pi users (Pioneers) immediately gain reliable on-chain price data. This integration paves the way for more dApps, improved liquidity, and smoother Pi trading across DeFi platforms.
Adoption & Quotes
Pi Network: ~70M users globally, 14M+ KYC-verified.
Chainlink: Powers data feeds for dozens of major projects (T-Mobile, AAVE, Brazil’s Central Bank, etc.) and has secured ~$17.3T in on-chain value.
Analyst (Jatin Gupta): *“PiNetwork is now supported by Chainlink Data Streams! This unlocks massive potential for Pi’s 60 million+ users.”*
He also called the move a “DeFi powerhouse” launch for Pi: *“Expect: More dApp integrations, increased liquidity, and massive adoption growth.”*
#PiNetwork #Chainlink #Crypto #Web3 #DeFi #Blockchain #Oracles #CryptoNews #BreakingNews
#SmartContracts