HomeNewsPi Network urged to add DeFi, smart contracts and L2 scaling to...

Pi Network urged to add DeFi, smart contracts and L2 scaling to become a financial tool…

-

Pi Network community members and developers discussed new priorities recently to boost real-world use. According to openmainnet, the push aims to move the project beyond a mining app into broader finance.

The suggested roadmap emphasizes a robust DeFi stack with peer-to-peer lending, staking rewards, and decentralized exchanges. Collaborations with protocols like Aave and Uniswap were recommended to enable interest earnings and seamless trading.

Participants also urged an upgrade of the Stellar-based consensus to support smart contracts and add L2 scaling solutions. They called for educational tutorials, incentives in emerging markets, security audits, and optional KYC to build trust. “User engagement can be boosted through educational tutorials and incentives, especially in emerging markets where financial inclusion is vital. Additionally, prioritizing audits and incorporating KYC options will build trust and ensure compliance,” the post stated.

Market data show the native token, PI, trading just under $0.19, rising about 5% over the past 24 hours. The Core Team recently added direct Pi payment setup in the Pi App Studio and a watch-ads option to deploy app iterations without spending Pi (Ed. note: settlements remain limited to Test-Pi).

The team also opened a feedback survey and will award 5 Pi token credits to the first 1,000 qualified participants for use in the Pi App Studio.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Intel stock plunges 11% after Q4 beat but weak Q1 2026 guidance amid supply shortages -11%

Shares of Intel fell after the company released its fourth-quarter 2025 results and its first-quarter 2026 outlook on Thursday. Investors reacted to weaker guidance and...

Shiny Hunters demand ransom from Waltio after breach exposed data of 50k French users now!

French authorities opened a preliminary probe this week after a breach at Waltio. The Paris Public Prosecutor's Office and the country's National Cyber Unit are...

Amazon to cut about 30,000 jobs next week; Jassy cites bloated culture, not AI or demand..

Amazon plans to cut about 30,000 jobs next week, reports say. They may start Tuesday, January 27, and will target retail, AWS, Prime Video, and...

UBS to offer BTC, ETH trading to select Swiss clients; Asia rollout eyed after Swiss pilot

UBS Group AG will allow select private banking clients to trade Bitcoin and Ethereum in Switzerland, a planned rollout that addresses demand from ultra-high-net-worth clients....

Most Popular

spot_img