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$PI a fraud, scam or something else?? 2025 biggest news
The Pi Network community is developing PiDaoSwap, a decentralized exchange (DEX) designed to enhance price transparency and mitigate manipulation of the PI coin’s value. This initiative responds to concerns about artificial price distortions caused by external exchanges.
Key Objectives of PiDaoSwap:
• Prevent External Manipulation: By operating within the Pi Network ecosystem, PiDaoSwap aims to ensure that PI coin prices reflect genuine market demand, free from third-party interference.
• Enhance Transparency and Security: The platform seeks to provide a decentralized trading experience, bolstering trust and security for PI holders.
Current Development Status:
• Pending KYB Approval: PiDaoSwap is in its final development stages, awaiting Know Your Business (KYB) clearance from the Pi Core Team before its official launch on the mainnet.
• Branding Considerations: Due to Pi Network’s strict branding policies, the name “PiDaoSwap” may require modification to align with official guidelines.
Community Response:
The development of PiDaoSwap has been met with optimism, as it represents a proactive step toward ensuring fair pricing and reinforcing the integrity of the Pi Network ecosystem.
As PiDaoSwap approaches its anticipated launch, the Pi Network community remains committed to fostering a decentralized, transparent, and secure environment for all participants.
#pi
Key Objectives of PiDaoSwap:
• Prevent External Manipulation: By operating within the Pi Network ecosystem, PiDaoSwap aims to ensure that PI coin prices reflect genuine market demand, free from third-party interference.
• Enhance Transparency and Security: The platform seeks to provide a decentralized trading experience, bolstering trust and security for PI holders.
Current Development Status:
• Pending KYB Approval: PiDaoSwap is in its final development stages, awaiting Know Your Business (KYB) clearance from the Pi Core Team before its official launch on the mainnet.
• Branding Considerations: Due to Pi Network’s strict branding policies, the name “PiDaoSwap” may require modification to align with official guidelines.
Community Response:
The development of PiDaoSwap has been met with optimism, as it represents a proactive step toward ensuring fair pricing and reinforcing the integrity of the Pi Network ecosystem.
As PiDaoSwap approaches its anticipated launch, the Pi Network community remains committed to fostering a decentralized, transparent, and secure environment for all participants.
#pi
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.