Pi Network arms its testnet with a DEX and AMM for DeFi innovation

Pi Network arms its testnet with a DEX and AMM for DeFi innovation

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PI network She has launched two new capabilities on Testnet, including decentralized exchange (DEX) and ATM (AMM), according to September 30. statement.

These additions create a sand box for the distinctive symbol bodies, liquidity baths, and other Defi experiences without exposing Mainnet to danger. The update reaches Bin currency Faces Important market challenges Since its launch earlier in the year.

according to Cryptoslat ‘ Data, the distinctive symbol recently decreased to its lowest level ever at $ 0.2234 at the end of September, but it recovered modestly to $ 0.27 from the time of the press.

Promote the ecological system of PI

In order for the PI and AMM to work, creating the distinctive symbol is necessary. According to the project team, developers on the network can now test the distinctive symbols directly on Testnet, although the creation of Mainnet will remain restricted until official guidelines are published.

The PI Core team indicated that future rules will comply with the goals of the ecosystem, ensuring that the distinctive symbol issuance supports requests in the real world, reasonable latitudes, and long -term sustainability. The fan emphasized the importance of building products that depend on the tool instead of the distinctive symbols during the distinctive symbol 20149.

This distinction is important. While Memecoins showed how online societies can gather around digital assets, they often lack meaningful cases of use, which limits their durability. Pi Network takes the opposite approach by focusing on the symbols that it is reported that energy applications, services and community sharing instead of short -term noise.

Meanwhile, network developers can integrate these features with PI App Studio, PI Wallet and PI Kyc, which checks the authenticity of the user to ensure a fair distribution. wwww

In addition, these Testnet tools also enhance these tools See web3 wider PI By opening tracks for developers and users to learn Defi in an organized way that focuses on benefit.

PI concluded that it aims to build a more flexible ecosystem by enhancing reading, financial writing and reinforcement with enhancing transparency and decentralization.

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