PiDaoSwap introduces the first decentralized exchange (DEX) developed exclusively for the Pi Network core network. This project, led by a Canadian blockchain team, aims to provide Pi Network users with secure, fast and simple cryptocurrency trading. PiDaoSwap focuses on decentralization, transparency and community governance, making it a key element in the Pi Network ecosystem.
The platform offers a wide range of features, including cryptocurrency trading, staking, governance through DAOs and the planned introduction of advanced trading tools such as limit orders and leveraged trading. The simple user interface and high level of security make PiDaoSwap accessible to both novice and experienced traders.
One of the main goals of PiDaoSwap is to eliminate the manipulation of the PI coin price that occurs on some centralized exchanges. By enabling trading directly on the Pi Network blockchain, the platform ensures that the price of the PI Coin reflects the true supply and demand, thereby strengthening the confidence of the community.
PiDaoSwap has an ambitious development roadmap that includes launching on the testnet in the first half of 2025, migrating to the mainnet in the second half of 2025, and introducing advanced features such as cross-chain bridges and mobile apps in 2026. This roadmap demonstrates a long-term vision and commitment to continuously improving the platform.
Although PiDaoSwap is close to its official launch, it is awaiting Know Your Business (KYB) approval from the Pi Core team. Additionally, the platform name may need to be changed due to rules regarding the use of the “Pi” brand. These steps are important to ensure compliance with regulatory requirements and to strengthen the credibility of the project.
PiDaoSwap represents a significant step towards a decentralized financial system on the Pi Network. By providing a platform for trading, staking and management through the DAO, it allows users greater control over their funds and supports the growth of the Pi Network ecosystem. With planned feature expansion and integration with other blockchains, PiDaoSwap has the potential to become a key player in the DeFi space.