PiFinance is an decentralized platform that enables hedging swaps in financial markets to offer coverage for those involved in commodities and an investment opportunity. Its main goal is to facilitate financial swap transactions between two assets through a decentralized IT structure based on Blockchain technology.
In terms of its features, the DEX (decentralized exchange) of PiFinance operates similarly to other AMM exchanges, with a transaction fee of 0.16%. Out of this fee, 0.15% is allocated as a liquidity mining bonus, while 0.01% serves as system revenue.
Additionally, PiFinance offers Farms where users can pledge LP (liquidity provider) Tokens to harvest PIFI tokens. By the end of July, the platform is expected to support up to 160 trading pairs of LP Tokens, with a reward weight of 40x for PIFI/BNB and varying from 0.1x to 2x for other pairs.
Furthermore, PiFinance provides Cheese Pools which function as token airdrop pools, similar to the Cryptocurrency Launchpool. Other project owners on the Binance Smart Chain (BSC) can apply to partner with PiFinance and contribute a specific amount of tokens for free distribution.
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