Overview
Pi Network has announced significant updates to its decentralized exchange (DEX) and Automated Market Maker (AMM) systems. These changes aim to enhance usability, improve liquidity organization, and provide better tools for token evaluation.
Pi‑Denominated Liquidity Pairs
One of the most notable updates is the shift toward Pi‑denominated liquidity pairs. This change positions Pi as the primary base asset on the Testnet exchange, similar to established DeFi ecosystems. By concentrating liquidity around Pi, the network aims to reduce fragmentation and enhance price stability.
Benefits for Pioneers
Users, known as Pioneers, can expect several benefits from these updates, including lower price volatility, reduced slippage during trades, improved resistance to manipulation, and clearer price discovery. It’s important to note that these changes do not create new liquidity but aim to make existing liquidity more efficient as user participation grows.
Interface Refresh
The updates also include a refreshed interface for the DEX and AMM, designed to simplify navigation and reduce friction for newcomers. This aligns with Pi Network’s goal of onboarding non‑technical users into DeFi through safe, hands‑on experimentation with Test‑Pi.
Domain Verification for Token Issuers
Pi Network has introduced domain verification for token issuers. This requires token issuers to link their coins to verified domains, providing users with an additional data point to assess token legitimacy. While this does not guarantee trustworthiness, it helps surface clearer information and reduces the chances of misrepresentation.
New Liquidity‑Based Token Ranking System
Pi Network is also testing a new liquidity‑based token ranking system to replace the commonly used Market Cap metric. The new system aims to reflect actual capital commitment within a token’s pool, making it harder to inflate rankings without deploying significant amounts of Test‑Pi.
Conclusion
These updates are part of Pi Network’s ongoing efforts to improve its ecosystem and provide a better experience for its users. By focusing on Pi‑centric liquidity, a cleaner interface, verified token domains, and a more meaningful ranking system, the platform aims to make DeFi more accessible and reliable for pioneers worldwide.
