Pi Network DeFi is a decentralized cryptocurrency project primarily aimed at generating passive income streams for its holders. To achieve this objective, the Pi Network DeFi protocol incorporates an automated dividend mechanism that distributes 1% USDT to the community from transaction fees generated by the token.
Pi, the cryptocurrency of Pi Network DeFi, operates on the Binance blockchain, allowing Pi tokens to be traded directly with other BEP-20 tokens. The price of Pi is influenced by transaction volumes and other market factors. Furthermore, Pi’s price is impacted by the network’s burn protocol, which uses token burns as part of efforts to stabilize the token actively. Updated Pi prices can be monitored on Binance.
Pi Network DeFi was established by two Stanford Ph.Ds, Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, distinguished computer scientists with substantial academic expertise in computational engineering and social sciences.
