Pi Network Community Is Developing PiDaoSwap to Stop Price Manipulation

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🚨 Pi Network’s Secret Plan to Stop Price Manipulation 🚨

Pi Network Community Is Developing PiDaoSwap to Stop Price Manipulation

Well, isn’t this just peachy? The Pi Network community is trying to take matters into their own hands and develop a decentralized exchange (DEX) to stop those pesky external exchanges from manipulating the price of PI coin. Because, you know, the current system is just working out swimmingly. 🙄

PiDaoSwap to Launch on the Pi Network Ecosystem

Reportedly, PiDaoSwap is in the final stages of launching a multi-functional DEX on the Pi Network mainnet. Because who needs external exchanges when you can have a homegrown one that’s just as prone to manipulation? 🤔

The announcement cited price manipulation by outside entities, a malpractice that impedes Pi Network’s growth and development. Or, you know, maybe it’s just because they’re not as good at it as the external exchanges. 🤷‍♂️

“Once completed, the Pi price will be reflected at its true value and will no longer be manipulated by current external exchanges,” Pi Network VietNames claimed.

Pi Network VietNames is a community-driven profile that shares updates, opinions, and news about Pi Network. Because, you know, they’re not biased at all. 😒

Although in the final stages of development, PiDaoSwap specified that it was awaiting Know Your Business (KYB) approval from the Pi core team before launching. Because, you know, they don’t want to be a laughing stock. 🤣

For now, the prospective platform has secured Twitter’s organizational verification, signaling progress in its development. Yay, Twitter! 🎉

Meanwhile, Pi Network’s imminent PiDaoSwap launch comes amid escalating frustrations within the PI community. Certain platforms reportedly use bots to alter Pi’s valuation artificially, affecting community sentiment. Or, you know, maybe it’s just because people are tired of being scammed. 🤑

Similarly, there are also allegations of fake price listings by external exchanges. Because, you know, they’re not trying to scam people or anything. 🙄

A recent BeInCrypto report echoes this sentiment amid allegations of bot activity on CoinMarketCap. This fueled skepticism about centralized price tracking mechanisms on the platform. Because, you know, who needs transparency when you can have bots? 🤖

According to Pi Network VietNames, these manipulations have severely impacted the project’s credibility and adoption. Or, you know, maybe it’s just because people are tired of being lied to. 🤥

Meanwhile, Binance remains evasive when listing Pi coins. Despite community support, Pi Coin’s Binance listing decision remains unresolved, leading to frustration among fans. Because, you know, Binance is just a bunch of heartless robots. 🤖

Restrictions on Using Pi-Related Branding

Meanwhile, other concerns emerge regarding restrictions on using “Pi-related” branding. These are related to the intellectual property (IP) and trademark policies outlined by the Pi Network. Because, you know, they’re just trying to be a bunch of corporate overlords. 🚫

“As a community-driven ecosystem project under PIDao, with DAO as our core focus, would this still be prohibited? Or do we need to modify our project name and domain accordingly,” PiDaoSwap wrote.

Pi Network’s official documentation prohibits using “Pi-related” branding without approval. Therefore, this suggests modifications could be necessary before the prospected PiDaoSwap debuts. Because, you know, who needs creativity when you can just follow the rules? 🤔

Meanwhile, PI fell below $1 on Saturday, down by over 30% in the past week. Because, you know, that’s just the natural order of things. 🤑

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2025-03-22 18:13