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Founder of Pi Network, Dr. Chengdiao Fan,
announced live on stage at the conference TOKEN2049that Pi Network has just deployed a set of new features to its blockchain. These features are initially being rolled out only on the Testnet for testing purposes. After the testing period, they will be available on the mainnet.
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Audio and video overview [Czech]
Audio and video overview [English]
Pi DEX and AMM
DEX and AMM are available on Testnet
Decentralized Exchange (DEX) and Automated Market Maker (AMM) features are available on Testnet, which allow developers and pioneers to directly experiment with token swaps, liquidity pools, and other decentralized financial instruments. The Pi Testnet will continue to host Test-Pi so that users can interact with these features. The mainnet is limiting this functionality for now, but the interface in the Pi Wallet will expose these capabilities and connect users to the Testnet environment. These features are native to the Pi blockchain protocol and allow the community to build their own DEX and AMM interfaces.
Trying out the DeFi mechanism
The launch of DEX, AMM, and liquidity pool features on Testnet provides developers and pioneers with a live environment to test decentralized finance (DeFi) mechanisms in the Pi ecosystem. This environment allows projects to safely experiment with features on Testnet before any deployment on Mainnet.
Options to try
These tools also allow Pioneers to engage with tokens in a hands-on manner – educating themselves about DeFi before directly participating in the DeFi Mainnet using real Pi, including testing swaps, adding or removing liquidity, and observing how decentralized exchange mechanisms work. As these features are currently limited on the Mainnet, all activity will take place on the Testnet using Test-Pi and test tokens, which are for testing purposes only and are not valid for use on the Mainnet or for any other purpose. This setup allows users to test and refine their DeFi approaches in the Pi ecosystem and aims to help increase the overall financial literacy of the network before participating in the DeFi Mainnet.
Creating a token
How Pi DEX and AMM work
Token creation is a prerequisite for Pi DEX and AMM to work. Developers can now create test tokens on the Pi Testnet blockchain, while on the Mainnet this functionality is similarly limited during the testing period.
Documentation explaining this process will be available in the coming weeks.
While test tokens can be freely created on Testnet for testing purposes using Test-Pi, token creation on Mainnet will be subject to additional rules that align creators’ incentives to create useful products, as Dr. Fan discussed in her crypto industry keynote at TOKEN2049. These rules focus on supporting real-world applications, services, and durable products in the Pi ecosystem, in addition to a sensible token supply and distribution plan.
Emphasis on usefulness
The emphasis on utility is particularly important for distinguishing these tokens from empty incentive mechanisms like most memecoins.
While memecoins have shown how communities can engage broadly in token ecosystems, they lack fundamental utility and are therefore unlikely to be sustainable. Pi Network’s approach to tokens focuses on connecting utility creation to real-world use cases at the application or system level, with the goal of ensuring that tokens exist for functionality rather than speculation.
Building on Pi infrastructure
These features, in part, support a vision that will allow developers, and even non-technical pioneers who build AI apps through Pi App Studio, to launch their own tokens for real-world use cases—whether for in-app functionality, community engagement, or system-level services.
Developers can start by minting and distributing tokens on a Testnet, experimenting with liquidity pools, and validating how tokens integrate with their applications. Other possible examples include a community-built DEX or AMM.
Pi KYC solution verifies the authenticity of Pioneers
The Pi Network already provides the key infrastructure to support this feature. Pi KYC solution verifies the authenticity of Pioneers and ensures that distribution goes to real people.
A global community of tens of millions of verified members provides developers with an integrated audience for testing and feedback.
Ecosystem products
Ecosystem products – including Pi Wallet, .pi domains, Pi Ad Network, and Ecosystem Directory Staking – support practical deployment, token management, and sustainable business models within the network.
Supporting the ecosystem through utility technologies and Web3
Making DEX, AMM and tokens available on Testnet
Making DEX, AMM, and tokens available on Testnet allows developers to extend the capabilities of Pi Network in a structured, utility-focused way using Web3. It also introduces pioneers to the world of DeFi through a safe, gradual, and educational journey full of discovery.
This move strengthens the ecosystem by leveraging the power of Web3 to increase utility, transparency, and decentralization.
Next Update: .pi Domain Auction
The .pi domain auction ended on September 30, 2025. For more information, see here .
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PiNetwork
Pi Network Announcement
PiNetwork is a blockchain-based cryptocurrency project that aims to allow users to mine coins Pi using smartphones. The project aims to promote the adoption of cryptocurrencies.
The project was launched by doctoral students at Stanford University in 2019. PiNetwork offers users a simple and environmentally friendly way of mining Pi coins by simply opening the app and pressing a button once a day.
One of the features of the Pi network is that users can increase mining speed by expanding their network. Pi Network also aims to increase the value Pi coins by allowing users to create and use web applications on the platform Pi.
PiNetwork is currently launching its mainnet. To to Pi Network To join, you must download the mobile app and enter an invitation code. PiNetwork is an innovative project that aims to pave the way for the future of cryptocurrencies.
How to participate in Pi Network
If you are not a member of the Pi Network, you can get started in 5 minutes by clicking here link. By registering using my referral code jwkkbiz we can earn Pi both. Pi Network is an application that allows you to easily mine the cryptocurrency "Pi" on your smartphone. By pressing a button once a day, you start mining for 24 hours, even if you leave your phone idle. In 2024, I mined 360 days a year, and those who accepted the invitation received many benefits. If you register using a referral code jwkkbiz, you will get a 25% increase in mining speed.
After 30 minings you will pass KYC (Know Your Credit), so remember to enter your real name when registering. If you register incorrectly, you will lose 20% as a penalty.
For more detailed information and reasons for registration, please see here.
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