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Pi Network and Zipto: Forging a Future of Decentralized Finance and Seamless Real-World Payments

Since their inception, cryptocurrencies have promised to revolutionize the financial world. However, their image as speculative investments has overshadowed their practical applications, leaving a significant gap in their integration into our daily lives.

Amidst this, the concept of Web3, the next generation of the internet, is gaining traction, with decentralized finance (DeFi) built on blockchain technology emerging as a key solution to this challenge. DeFi, enabling anyone to access financial services without centralized intermediaries, is poised to fundamentally alter how we interact with finance.

This article delves into the exciting news of Pi Network’s partnership with the innovative platform Zipto. This collaboration has the potential to significantly enhance the utility of Picoin, creating a seamless bridge between decentralized finance and everyday transactions. Through this article, you’ll gain a deeper and more accurate understanding of the future Decentralized Finance promises and how it will impact our lives.

What the Pi Network and Zipto Partnership Means: Joining as a KYB Merchant

Zipto’s inclusion in Pi Network’s official Know Your Business (KYB) approved merchant list marks a crucial step in Pi Network’s journey to connect decentralized finance with real-world usability.

Pi Network: A Unique Approach

Pi Network is a cryptocurrency project distinguished by its ability to mine (or ‘mint’) cryptocurrency directly from smartphones. Emphasizing inclusivity by making crypto accessible to everyone, it has built a large global community. However, Picoin hasn’t yet transitioned to an open mainnet and isn’t tradable on major cryptocurrency exchanges.

Zipto: Overview of Key Services

Zipto is a rapidly growing platform providing decentralized finance (DeFi) swap functionalities and Visa card payment support. Its key features are the efficient exchange of digital assets within a decentralized environment and its role in bridging digital assets to real-world payments.

The Significance of the “KYB Merchant List”: Commitment to Trust and Utility

“Know Your Business” (KYB) is a process verifying that a business operates legitimately. Similar to “Know Your Customer” (KYC), which financial institutions use to prevent money laundering and terrorist financing, KYB ensures business trustworthiness and transparency. Zipto’s KYB approval as a Pi Network merchant signifies verified reliability and security within the Pi Network ecosystem.

The purpose of this partnership is clear: to strengthen Pi Network’s user-centric ecosystem and dramatically improve the utility of Picoin by integrating it into everyday transactions and DeFi services.

Zipto’s Two Core Functions: DeFi Swaps and Visa Card Integration

Zipto’s two core functions address long-standing challenges in cryptocurrency adoption and concretize the future of decentralized finance envisioned by Web3.

Decentralized Finance (DeFi) Swap Functionality Explained

DeFi provides financial services directly on a blockchain, bypassing centralized intermediaries like banks and brokerages. This grants global access to financial services, irrespective of geographical location or time constraints.

Zipto’s DeFi swap functionality enables efficient exchange of digital assets. It’s like exchanging foreign currency directly between individuals, automatically and without banks or exchange bureaus. This empowers users with greater control over their assets, facilitating transactions without centralized exchange interference, perfectly aligning with Web3’s goal of returning control to users.

The Innovation of Picoin and Visa Card Payment Integration

One major hurdle for cryptocurrency adoption is its ‘utility’. Many users must convert their crypto into fiat currency (like USD or EUR) before using it for daily purchases. This conversion process creates a significant divide between cryptocurrency and the real world.

Zipto’s Visa card payment support offers a powerful solution. It opens the possibility for Pi Network users to utilize their digital assets (including Picoin in the future) for real-world payments through Zipto’s platform. It’s important to understand this isn’t directly using Picoin with a Visa card, but rather converting Picoin to a spendable form via Zipto’s platform to leverage the convenience of Visa payments. This integration is vital for reinforcing Picoin’s role not just as an investment but also as a daily-use currency.

“Users will truly appreciate the value of cryptocurrency when they can not only hold it, but actually use it in their daily lives.”

The Evolution of the Pi Network Ecosystem Towards Practical Cryptocurrency Use

The Zipto partnership symbolizes the evolution of the entire Pi Network ecosystem.

Expansion of Practical Use Cases: Pi Network aims to build a vibrant ecosystem where users can exchange Picoin for real services and goods, not just a mining app. The participation of KYB-approved merchants like Zipto provides tangible opportunities for practical use.
Enhanced Trust and Legitimacy: The involvement of KYB-vetted companies increases the health and trust within the Pi Network ecosystem. This reassures potential developers and businesses, stimulating further expansion.
Pathway to a “Utility Coin”: Payment and exchange services like Zipto are essential for establishing Picoin as a “utility coin” – integral to everyday transactions and service use – rather than just a speculative asset.

This move represents a concrete step towards mainstream adoption of cryptocurrency, moving beyond specialists and investors.

Shaping the Future: The Societal Transformation Brought About by Web3 and Decentralized Finance

The Zipto and Pi Network partnership signifies the potential of Web3 and DeFi for our society.

Establishment of Individual Financial Sovereignty: DeFi mechanisms empower individuals to directly manage and transact their assets, independent of centralized financial institutions.
Frictionless Global Economic Activity: Blockchain technology has the potential to reduce barriers to cross-border transactions, significantly lowering fees and processing time. Services like Zipto bring this future closer.
Creation of New Business Models: The evolution of decentralized technology is expected to generate unprecedented services and business models, fostering overall economic innovation.

Of course, as a nascent technology, challenges remain in security, regulation, and user interfaces. However, the Zipto and Pi Network partnership represents a significant milestone in building a more accessible and practical future for decentralized finance.

Conclusion: Walking Together Towards the Future of Decentralized Finance

Zipto’s addition to Pi Network’s KYB approved merchant list is a groundbreaking event for the Pi Network ecosystem and the utility of Picoin. Zipto’s DeFi swap functionality and Visa card integration will be a powerful catalyst in evolving cryptocurrency from a mere investment asset into a payment method seamlessly integrated into our daily lives.

This partnership accelerates the shift from centralized financial systems to a decentralized Web3 ecosystem, representing a significant step towards a freer, more efficient, and user-centric financial system. We are witnessing a transformative moment in the future of finance. To avoid being left behind this innovative wave, it’s crucial to stay informed, and continue to explore the potential of the future envisioned by decentralized finance.

For those wishing to learn more, we recommend referring to introductory books on DeFi and Web3, as well as official Pi Network information.

Complete Guide to the Plum Network Airdrop: Maximize Your Rewards Without Expert Knowledge!

The world of Decentralized Finance (DeFi) is constantly evolving, presenting new opportunities. Among them, airdrops from promising projects have garnered significant attention, offering rewards to early participants.

This article focuses on the airdrop, specifically Season 2, conducted by Plum Network, a project pioneering a new horizon in cross-chain DeFi. Understanding this information is not only about deepening your cryptocurrency knowledge but also about taking the first step towards seizing new reward opportunities through practical participation in the DeFi ecosystem.

However, the terms “airdrop” and “DeFi” might evoke a sense of needing complex expertise. This article objectively and clearly explains the core of the Plum Network Airdrop and provides specific strategies for efficiently earning points, even without prior specialized knowledge.

What is Plum Network? A New Horizon in Cross-Chain DeFi

Plum Network is a project aiming to provide seamless asset transfer and DeFi services across different blockchains. Unlike traditional DeFi, often limited to specific blockchains, Plum Network features cross-chain compatibility, aiming to allow a wider range of users to participate in the DeFi ecosystem.

Its main features include decentralized exchange (DEX) functionality, asset lending and borrowing, and liquidity provision. This allows users to integratively manage and utilize assets on various blockchains within the Plum Network.

Airdrops are a common method for new projects to build communities and incentivize early users. Plum Network’s airdrop aims to activate the ecosystem and decentralize its token. Points and badges earned through participation may lead to future rewards (such as token distribution) and provide opportunities to enhance your experience in the DeFi field.

Plum Network Airdrop Season 2: Basic Knowledge and Prerequisites

Plum Network Airdrop Season 2 is a program that awards points based on contributions to the Plum Network ecosystem, leading to future rewards. Participation is relatively easy, but some prerequisites and basic understanding are necessary.

  • Requirements:
    • A Web3-compatible wallet (e.g., MetaMask or other EVM-compatible wallet)
    • A small amount of cryptocurrency (approximately $10 is recommended for gas fees and task execution).
  • Role of Points and Badges:

    Points earned in the airdrop are an important indicator that may influence the amount of future token distribution. Badges awarded for completing specific tasks serve as proof of activity and may lead to additional incentives.

Detailed Airdrop Quests: Basic Operations to Earn Points

This section details the specific basic operations to earn points in Plum Network Airdrop Season 2. Each operation is a fundamental DeFi activity; practicing them will deepen your understanding of the Plum Network ecosystem.

Completing New Quizzes: Deepening Knowledge and Building a Foundation

Quizzes are provided to measure your understanding of Plum Network. This is the first step in acquiring basic knowledge of the project and preparing for participation in the ecosystem.

  • Procedure Overview:
    • Access the Plum Network dashboard and open the relevant quiz section.
    • Answer the questions displayed. Answers are often found in the project’s whitepaper or official documentation.
    • Completing the quiz earns basic points.

Liquidity Provision: Contributing to the DeFi Ecosystem

Liquidity provision involves depositing your assets into a liquidity pool on a decentralized exchange (DEX) to ensure smooth token trading. It’s like stocking a store with goods so customers can always shop.

In Plum Network, liquidity provision for the xAUM and USDC pair is a quest objective.

  • Specific Steps:
    1. Access the Plum Network DEX or liquidity provision page and connect your wallet.
    2. If you don’t have xAUM tokens, obtain them by swapping other tokens such as USDC.
    3. Select the “Add Liquidity” or “New Deposit” option.
    4. Deposit xAUM and USDC into the pool at the specified ratio (usually 50:50).
    5. Approve the transaction in your wallet. Allowance confirmation is required. If you are asked for “Unlimited” approval, consider manually setting the exact amount you are depositing to minimize security risks.
    6. Once liquidity provision is complete, you will receive LP tokens (tokens proving your liquidity provision), completing the quest.
  • Note:

    Liquidity provision carries the risk of impermanent loss. This refers to the possibility that the value of your deposited tokens may decrease due to price fluctuations compared to if you hadn’t deposited them.

Deposit & Borrow: Effective Use of Funds and Risk Management

Plum Network’s lending/borrowing protocol allows you to deposit assets to earn interest or borrow other assets using your deposited assets as collateral. This is similar to bank deposits and loans, but automated on a blockchain.

Specifically, lending/borrowing operations using pUSD tokens are quest objectives.

  • Specific Steps:
    1. Access the Plum Network lending/borrowing section and connect your wallet.
    2. First, deposit pUSD tokens (or other specified tokens). Wallet approval is required. Again, pay attention to allowance settings.
    3. Borrow another token (e.g., USDC) using your deposited assets as collateral. The maximum borrowing amount is determined by the value of your collateral.
    4. You can also repay the borrowed assets. Repaying the borrowed amount and interest releases the collateral.
    5. Complete the quest and earn points through these operations. Claiming borrowed assets may also be necessary.
  • Note:

    Borrowing involves liquidation risk. This is the possibility that your collateral will be automatically sold (liquidated) to ensure the safety of the loan if the value of your collateral assets drops significantly. Always be mindful of your collateralization ratio and maintain a buffer.

Participating in the Ryko Project: Pursuing New Reward Opportunities

According to source information, Ryko is another project related to Plum Network, and activities here may also be eligible for the airdrop. In Ryko, depositing specific stablecoins (cryptocurrencies with stable prices) may provide opportunities to receive additional Plum tokens through the airdrop.

  • Participation Overview:
    • Access the Ryko website and connect your wallet.
    • Deposit stablecoins (e.g., USDC). Approximately 90% of your deposited assets are likely to be locked for about 3 months.
    • This activity provides opportunities to earn rewards from Ryko and points/badges from the Plum Network airdrop.
  • Note:

    Due to the lock-up period, your deposited funds will be unavailable for a certain period. Plan your finances before participating. Also, badge awarding in Ryko may have a delay of several days.

Plum Network Airdrop Point Maximization Strategy: Approaches Based on Funding

This section explains more advanced strategies for maximizing airdrop points and optimal approaches based on funding. Efficient point acquisition opens the way to greater rewards.

PLUM Token Staking: Highly Efficient and Reliable Point Acquisition

One of the most effective ways to earn points is to stake PLUM, Plum Network’s native token. Staking involves locking tokens to support the network’s security and operation, and points are awarded as a reward.

  • Benefits:
    • High point acquisition efficiency.
    • Once set up, points can be earned relatively continuously.
  • Recommendation:

    Staking approximately 100 or more PLUM tokens is recommended. If you have more funds, consider staking 1,000 or 2,000 tokens or more.

  • Note:

    The price of PLUM tokens fluctuates due to market changes. Consider the risk of price drops (unrealized losses) during the staking period.

Generating Trading Volume: Actively Participating in the Ecosystem

Trading (swapping) activities on the Plum Network DEX award points based on trading volume. The higher the trading volume, the more points you earn.

  • Efficient Trading Volume Generation Methods (for small funds):
    • Utilizing Low Fees: Plum Network reportedly has low fees, so even with small amounts of funds, you can efficiently accumulate trading volume by repeating many trades.
    • Weekly Goal Setting: For example, set a weekly trading volume target of $2,500 or $5,000 and consistently achieve this to achieve higher point acquisition.
    • Frequent Trading: Even with limited funds, trading a few times a week (e.g., 4 times) can lead to point acquisition.
  • Benefits:

    You don’t need to lock funds, maintaining liquidity while earning points. Continuing to trade also helps develop your DeFi trading skills.

Utilizing Daily Spins: Daily Accumulation Makes a Big Difference

Plum Network offers a “daily spin” that can be performed daily. This is an opportunity to easily earn points and rewards; continued participation makes a big difference in the long run.

  • Importance:

    Spinning daily consistently accumulates points. Also, if you don’t win anything for 3 consecutive days, you may receive a special badge.

  • Tip:

    Even on busy days, simply connecting your wallet and spinning is the easiest way to consistently earn points.

Referral Program: Contributing to Community Growth

You can also earn points by referring friends to the Plum Network Airdrop. Contributing to community growth increases your own points.

  • How to Use:

    Share your referral link and encourage new users to participate. You earn points when referred users are active.

Potential Risks and Countermeasures in Participating in the Plum Network Airdrop

DeFi activities hold great potential, but some risks also exist. It’s important to understand the following potential risks and countermeasures when participating in the Plum Network Airdrop.

  • Smart Contract Risk:

    Plum Network’s services operate on smart contracts. If there are vulnerabilities in the smart contracts, your deposited funds could be lost. It’s important to check the project’s audit status, etc.

  • Market Volatility Risk:

    Cryptocurrency prices are very volatile, so the value of your staked or liquidity-provided tokens could drop significantly. This could result in losses exceeding the points you’ve earned.

  • Impermanent Loss in Liquidity Provision:

    As mentioned above, impermanent loss can occur in liquidity provision if the price ratio of the deposited token pair fluctuates significantly.

  • Liquidation Risk in Borrowing:

    When borrowing with collateral, there is a risk of liquidation due to a drop in the price of the collateral asset. Maintaining an appropriate collateralization ratio and monitoring market conditions is important.

  • Allowance Management:

    The “allowance” required when connecting DeFi protocols and wallets allows the protocol to operate specific tokens from your wallet. “Unlimited” approval increases security risks. Approve only the minimum necessary amount, exercising extreme caution.

  • Lock-up Period:

    Staking, certain liquidity provisions, and deposits in Ryko may have lock-up periods where funds cannot be withdrawn for a certain period. To avoid situations where funds are unavailable when needed, confirm this beforehand and plan your finances before participating.

Conclusion: Seize the Future of DeFi with the Plum Network Airdrop

Plum Network Airdrop Season 2 is a great opportunity to contribute to the evolution of cross-chain DeFi and earn future rewards through point acquisition. As explained in this article, you can participate in the ecosystem and maximize points through various methods, from completing quizzes to liquidity provision, lending and borrowing, staking, and even generating trading volume and daily spins.

Regardless of the amount of funds, there is an optimal strategy for each situation. Even with small amounts of funds, you can steadily accumulate points through continuous trading and daily spins. Of course, DeFi activities involve risks, but understanding and carefully addressing them allows you to pursue opportunities more safely.

Getting involved at the forefront of DeFi and deepening your understanding of new technological trends will bring new perspectives to your digital asset management and investment strategy. The Plum Network Airdrop can be a practical first step.

Check the official website and social media channels for the latest information on Plum Network, and join the journey to build the future of DeFi together!

Is the Mastercard-Chainlink Partnership a Tailwind? Unpacking Pi Network’s Future with Latest News

Introduction: What’s Happening in the World of Cryptocurrency?

In 2025, the world of cryptocurrency is undergoing an unprecedented transformation. Traditional financial giants, who once kept their distance, are now progressively embracing Web3, the new internet paradigm. Notably, statements from the top officials governing U.S. financial policy and groundbreaking partnerships by global payment network companies are beginning to exert significant influence across the entire market.

This article will use these pivotal news developments as a starting point to objectively delve into how they might illuminate the future of emerging projects like the “Pi Network.” By reading this, you’ll grasp the core of the major changes shaping the future of cryptocurrency, even without specialized prior knowledge.

New Trends in the Crypto Market: Two Key News Developments

Before examining their impact on the Pi Network, it’s essential to first understand the broader market shifts that form the foundation. Here, we’ll explore two groundbreaking events concerning the core of the financial system.

1. Banks Permitted to Offer Crypto Services – The Impact of U.S. Fed Chair’s Statement

On June 24, 2025, Jerome Powell, Chairman of the Federal Reserve (FRB), the central bank of the United States, made a statement indicating that there is no issue with U.S. banks providing services to cryptocurrency-related companies. While predicated on robust risk management frameworks, this signifies a positive stance from authorities on the relationship between banks and the crypto industry, which has often been regarded as a gray area.

The impact of this statement is immense. This is because it strongly promotes the elevation of cryptocurrencies from “suspicious assets for a few tech enthusiasts” to “a recognized part of financial services.” This is expected to make it easier for major institutional investors and corporations, who have maintained a cautious stance, to enter the market, thereby enhancing overall market credibility and liquidity.

2. A Bridge Between Traditional Finance and Web3 – Mastercard and Chainlink’s Historic Partnership

Another big piece of news is the announced partnership between Mastercard, a global payment giant, and Chainlink, a blockchain technology company. The core of this partnership lies in building a system that allows Mastercard’s over 3 billion users worldwide to directly purchase cryptocurrencies on the blockchain without going through a centralized exchange.

This is a groundbreaking endeavor that directly connects the world of credit cards we commonly use (Web2) with the new digital world powered by blockchain (Web3). The technological backbone of this partnership is “Chainlink.”

What Exactly is “Chainlink”?

To understand Chainlink, let’s use an analogy: it’s a “reliable translator or interpreter connecting the blockchain world with the real world.”

Smart contracts (self-executing agreement programs) operating on a blockchain cannot, on their own, access information from the outside world. For example, information like “tomorrow’s weather in Tokyo” or “current USD/JPY exchange rates” exists outside the blockchain.

Chainlink fulfills the role of a “decentralized oracle network,” delivering such external data to the blockchain securely and accurately, without tampering. It is thanks to this “reliable interpreter” that real-world payment systems like Mastercard can securely connect with the blockchain world.

How Do These Earth-Shaking Changes Affect the Pi Network?

Now, to the main topic. How might this wave of significant change, sweeping across the entire financial industry, bring possibilities to the Pi Network, where many “Pioneers” continue to mine daily?

The Core Philosophy of Pi Network: A Financial Revolution Anyone Can Join

Before discussing the impact, let’s recall the origins of the Pi Network. The core of this project is its vision: that anyone can participate in cryptocurrency mining with just a smartphone, without expensive equipment or specialized knowledge, and become a part of decentralized finance. It’s not merely a means to short-term profit but also a grand experiment to create a new financial ecosystem accessible to more people.

[Objective Analysis] Future Scenarios Opened by the Two Major News Events

Here, there’s a crucial fact connecting the aforementioned news with the Pi Network: the Pi Network has been integrated into Chainlink’s “Data Streams.” This means that Pi’s price information, among other data, can now be utilized in real-time through the Chainlink network.

Based on this technical connection, the Pi Network community anticipates that the FRB’s policy shift and the Mastercard-Chainlink partnership could open up the following possibilities in the future:

  • Possibility 1: Enhanced Pi Coin Convertibility
    In the future, leveraging the system built by Mastercard and Chainlink, it might become easier and safer to exchange held Pi for fiat currencies like Japanese Yen or US Dollars.
  • Possibility 2: Global Payment Utility
    Through Mastercard’s vast global network, a future where Pi can be used for payments at online shops and physical stores worldwide is conceivable.
  • Possibility 3: Full Entry into DeFi (Decentralized Finance)
    With reliable price information provided, more advanced financial services such as loans collateralized by Pi or staking Pi to earn interest could emerge within the Pi ecosystem.

[Important Note]
These three scenarios are merely “future possibilities” derived from changes in the external environment and reflect community expectations. As of now, no official business partnership promising the realization of these has been announced by the Pi Network operations (Pi Core Team) or Mastercard. It is essential to calmly distinguish between facts and expectations.

Grand Vision and Reality: What Pi Network Truly Aims For

While changes in the external environment present significant opportunities, the true value of a project is determined by its internal design philosophy and development progress. Let’s unravel why the Pi Network distinguishes itself from many short-term speculative cryptocurrencies.

Design Philosophy Aiming for Long-Term Value

The Pi Network incorporates a “halving” mechanism, where the amount of newly issued (mined) coins gradually decreases as the number of participants increases. This is a thoughtfully designed economic model aimed at increasing the scarcity of the coin over time, preventing rapid inflation, and stabilizing its long-term value. Its philosophy fundamentally differs from “pump and dump” schemes seeking quick riches.

Community Belief and the Project’s Future

This is why experienced Pioneers, instead of fluctuating with daily market price changes, believe in the grand vision of the project and the strength of its robust global community. The ultimate success of the project hinges on its transition to an “Open Mainnet” where all functionalities are released, and on how many widely used applications and services (ecosystems) emerge on it.

Conclusion: Grasping the Signs of Change and Using Them as a Compass for the Future

Finally, let’s review what has been discussed in this article and organize how we should interpret this information.

  1. [Fact] The traditional financial industry (FRB, Mastercard, etc.) is changing its long-held policies and is steadily moving closer to the Web3 and cryptocurrency world.
  2. [Possibility] This significant trend could be a powerful tailwind for projects like the Pi Network, which have a global community and a clear vision.
  3. [Conclusion] However, whether this possibility becomes a reality hinges on Pi Network’s future technological development and the maturity of its ecosystem. The perspective we should maintain is to calmly distinguish between facts and possibilities, without being swayed by fervor or speculation, and to continue to observe the project’s steady progress.

The transition from Web2 financial systems to the Web3 world has only just begun. During this historic period of transformation, it will be paramount to think for oneself based on accurate information and to possess a compass for envisioning the future.

Pi Network’s ‘Full Liquidity’ Plan: Significance and Impact of the 1 Billion Pi Coin Movement

Pi Network has announced a plan to move 1 billion Pi coins into a liquidity pool. This initiative aims to enable users to conduct transactions more smoothly and quickly. This article provides a detailed explanation of the mechanism and impact of this “full liquidity.”

https://www.cryptotimes.io/2024/12/31/pi-network-transfers-1b-coins-to-build-liquidity-pool/

What is Full Liquidity?

Full liquidity refers to a mechanism that allows for the efficient buying and selling of crypto assets. Similar to the stock market, increased trading activity leads to price stabilization and smoother transactions. By adding 1 billion Pi coins to the liquidity pool, Pi Network anticipates the following benefits:

Key Benefits

  • Smooth Transactions: Users will be able to buy and sell Pi coins more easily and quickly.
  • Price Stabilization: Increased buying and selling activity will help curb price volatility.
  • Ecosystem Enhancement: Higher liquidity will attract new participants and promote the growth of the entire network.

Mechanism of a Full Liquidity Pool

A full liquidity pool is formed by users depositing crypto assets. This enables the following processes:

  1. Asset Deposit: Users deposit specific crypto assets into the pool and receive tokens representing their ownership.
  2. Asset Exchange: When exchanging for other assets, a smart contract automatically calculates and adjusts the price.
  3. Rewards: Liquidity providers earn rewards through transaction fees and additional tokens.

Characteristics of Pi Network and Differences from Other Cryptocurrencies

Pi Network has several differences compared to other cryptocurrencies. Its main characteristics are as follows:

  • Development Stage: Pi Network is still under development, and its functions and scale are not yet fully established.
  • Mobile Mining: Coins can be mined using only a smartphone, without the need for special devices.
  • Regulatory Status: Its legal status is uncertain in many countries, and some view it with skepticism.
  • Blockchain Technology: Pi Network employs its own unique technology, the details of which are still evolving.

Future Expectations

Pi Network aims to create a “decentralized economic ecosystem where everyone can participate.” This full liquidity plan can be seen as a significant step towards realizing that vision. However, challenges remain in terms of regulation and technology, so continued attention is necessary.

Summary

Full liquidity plays a crucial role in the DeFi ecosystem, enabling fast and efficient crypto asset exchange. With Pi Network’s unique characteristics, it will be interesting to see how this initiative progresses.

What is PCM Wallet? Features and Functions of PiChain Global’s Cryptocurrency Wallet Explained

I would like to introduce a product called PCM Wallet, developed by a project called PiChain Global.

PCM Wallet is a type of cryptocurrency wallet. A wallet is an app or tool for storing and sending/receiving cryptocurrency.

PCM Wallet is a wallet designed to make it easy to experience the world of Web3. Web3 is a decentralized internet that uses technologies such as blockchain and smart contracts to eliminate centralized intermediaries and authorities, allowing users to interact directly with each other.

PCM Wallet aims to eliminate the complexity of traditional cryptocurrency wallets and be a user-friendly and secure wallet. With PCM Wallet, you can participate in a vast ecosystem offering various products and services such as e-commerce, NFTs, and DeFi.

Let’s take a closer look at the functions and features of PCM Wallet.

PCM Wallet Features

PCM Wallet has the following features:

  • Supports ERC-20 and BEP-20 tokens
  • Direct access to Pi Chain Mall
  • Connects to NFT marketplaces
  • Supports DeFi services
  • Provides cryptocurrency information

Let’s explain each feature in detail.

Supports ERC-20 and BEP-20 tokens

PCM Wallet supports ERC-20 and BEP-20 tokens. These tokens are cryptocurrencies issued on the Ethereum and Binance Smart Chain blockchain networks, respectively.

Ethereum and Binance Smart Chain are blockchain networks that can provide various applications and services using automatically executing programs called smart contracts. Smart contracts can enhance trust, transparency, and efficiency.

PCM Wallet allows you to switch between the Ethereum and Binance Smart Chain networks. This allows you to access applications and services available on both networks.

Direct access to Pi Chain Mall

PCM Wallet provides direct access to Pi Chain Mall, PiChain Global’s e-commerce platform. On Pi Chain Mall, Pi Network pioneers can buy and sell their goods and services, and shop using Pi coins.

Pi Network is a cryptocurrency project that can be mined on smartphones. Pi coin is the native token of Pi Network and is planned to be used in the decentralized internet in the future.

Pi Chain Mall is a place where Pi Network pioneers can sell and buy their goods and services online. On Pi Chain Mall, you can make payments using Pi coins. Pi Chain Mall also supports the world of Web3, including NFTs and DeFi.

Connects to NFT marketplaces

PCM Wallet can also connect to NFT marketplaces. On NFT marketplaces, you can create, buy, and sell digital content such as art, games, and music as NFTs.

NFT stands for Non-Fungible Token. NFTs are unique and indivisible tokens that can prove ownership and authenticity of digital content.

NFTs are permanently recorded on the blockchain, eliminating the risk of tampering, forgery, or theft. NFTs increase the value and demand for digital content and also provide a new source of income and platform for expression for creators and artists.

Supports DeFi services

PCM Wallet also supports DeFi services such as staking and farming. With DeFi services, you can earn interest by depositing cryptocurrency or earn rewards by providing liquidity.

DeFi stands for Decentralized Finance, which refers to decentralized financial services. DeFi allows for financial activities such as lending, trading, and investing using blockchain and smart contracts, without the need for centralized intermediaries or regulations.

PCM Wallet supports DeFi services, allowing you to earn revenue using cryptocurrency. With PCM Wallet, you can use the following DeFi services:

  • Staking: By depositing cryptocurrency into a specific project and contributing to the network’s security and operation, you can earn rewards.
  • Farming: By depositing, lending, borrowing, or exchanging cryptocurrency on various DeFi protocols, you can earn new tokens.
  • Liquidity Provision: By depositing cryptocurrency into an exchange pool to increase trading liquidity, you can earn a portion of the fees.

To use these DeFi services, simply put cryptocurrency into your PCM Wallet and connect the wallet to the desired application. By switching between the Ethereum and Binance Smart Chain networks, you can access DeFi services available on both networks.

Provides cryptocurrency information

PCM Wallet provides information such as cryptocurrency prices, charts, and news. With PCM Wallet, you can check the balance and value of the cryptocurrency you hold. You can also view cryptocurrency market trends and the latest news.

PCM Wallet also makes sending and receiving cryptocurrency easy. With PCM Wallet, you can send and receive cryptocurrency using QR codes or addresses. You can also check the history of sends and receives.

PCM Wallet Features

We have looked at the functions of PCM Wallet, but PCM Wallet also has features that differ from other wallets. We have summarized the features of PCM Wallet as follows:

  • User-Friendly: PCM Wallet adopts a simple and intuitive interface so that even cryptocurrency beginners can use it easily. PCM Wallet clearly displays the necessary functions and information to make cryptocurrency management and operations simple.
  • Security: PCM Wallet ensures a high level of security for storing and sending/receiving cryptocurrency. PCM Wallet is equipped with features such as encryption, backup, and recovery to protect users’ private keys and cryptocurrency assets. PCM Wallet respects user privacy and security.
  • Diversity: PCM Wallet supports both the Ethereum and Binance Smart Chain networks and can manage both ERC-20 and BEP-20 tokens. PCM Wallet enables integration with various applications and projects to provide access to a wide range of products and services such as e-commerce, NFTs, and DeFi.

Summary

PCM Wallet is a cryptocurrency wallet developed by PiChain Global. PCM Wallet is designed to make it easy to experience the world of Web3 and provides access to products and services such as e-commerce, NFTs, and DeFi. PCM Wallet is a user-friendly, secure, and diverse wallet.

If you are interested in PCM Wallet, please download it. Experience the innovation of decentralized commerce with PCM Wallet and dive into a place where trust and innovation meet. Explore a world where Web3 becomes accessible, engaging, and transformative, together with PiChain Global.