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Home All Events PiBridge Farm Launch

Date

Jan 10 2023
Expired!

TimeUTC

1:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Jan 10 2023
  • Time: 8:00 am

Status

Active

PiBridge Farm Launch

Farm launch on BSC, for a deFi ecosystem + hybrid bridge between Pi Network and other chains.

DETAILS
  • Launch Details
    • Stake WPi/BUSD LP to earn WPi rewards
    • $WPi can be purchased on PancakeSwap
      • $WPi is the wrapped version of native PiBridge; $PiB, that can be bridged between Pi Network and other chains
    • Farming emissions will last for 3 months
    • No lock up, deposit or withdrawal fee
    • WPi can be exchanged for native Pi Network $Pi (when launched) at a 1:1 rate, via the Pibridge app
  • Mechanics & Features
    • PiBridge is a deFi platform and bridge that will allow Pi holders, bridge between the Pi Network and other blockchains
    • PiBridge will support bridging from BSC-Pi Network and Onus Chain-Pi Network
    • Transaction fees can be paid in native Pi Network; $Pi or $PiB depending on the destination chain
    • There will be a 1% fee on bridging $PiB to/from Pi Network (distributed as 50% to liquidity providers and 50% for staking rewards)
    • 20% of the fees generated will be used to buy back $PiB and burn 
    • PiBridge features include; DEX and CEX multi-chain & cross-chain AMM, farming, lending, launchpad, event tickets, OTC market, prediction/betting
    • $PiB is the governance and utility token on PiBridge
      • Token utility – farming reward, marketplace currency, launchpad participation, voting rights
  • Tokenomics
    • Token symbol: PiB
    • Supported chain: BSC, Onus
    • Total supply: 250,000,000 (220,000,000 on BSC / 50,000,000 on Onus)
      • 25% — Public sale (10% at TGE, then 9 months linear vesting – price: $0.01)
      • 15% — Private sale (1 month cliff, then 30 months linear vesting)
      • 45% — Ecosystem development (48 months linear vesting)
      • 10% — Team (1 year cliff, then 48 months linear vesting)
      • 5% — Liquidity
Links & Resources
Related Launches

Blockchain

BSC

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