The PiDaoSwap project aims to revolutionize Pi Coin by creating a DEX that combats price manipulation for a true market value representation.
Goals of PiDaoSwap
PiDaoSwap is designed to create a decentralized exchange that can reflect the true market value of Pi Coin without the influence of external exchanges. This initiative aims to reduce price manipulation and restore user confidence in the project.
Launch and Current Challenges
PiDaoSwap is nearing its launch on the Pi Network mainnet, awaiting KYB approval from the Pi core team. A challenge faced by the project is the need to comply with branding rules, which may require a name change.
Community Response and Future Plans
The Pi Network community supports PiDaoSwap, seeing it as a way to restore Pi Coin’s reputation. Despite not being listed on Binance, the project is gaining traction and plans to offer a transparent pricing system.
PiDaoSwap aims to create a transparent and accurate pricing system for Pi Coin, which will strengthen community trust and encourage broader adoption.