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Finally a breather for the Pi community

PiBridge has announced that it will be conducting an Initial Decentralized Exchange Offering (IDO) for its $PiB token on December 29 at 02:00 UTC. The IDO will be available on five platforms, including Onus, Ongate, FantomLive, BAMI, and PinkSale, and will be sold at a price of $0.01.
PiBridge has revealed that its tokenomics for the $PiB token will have a total supply of 250 million, with 220 million being BEP-20 tokens and 30 million being deployed on the ONUS Chain. During the public sale, 62.5 million tokens will be available. The token will have a vesting schedule for buyers to encourage them not to sell immediately after the launch. There will be an initial Token Generating Event (TGE) of 10% plus monthly payments of 10% APY for nine months starting on the first day of each month. The announcement follows the completion of the beta testing phase and the preparation for the Pi Network Hackathon. The team also mentioned that they are upgrading their infrastructure to handle the expected increase in transactions.
PiBridge is a financial application platform that combines decentralized exchange (DEX) and centralized exchange (CEX) models with various features such as multi-chain and cross-chain automated market makers (AMMs), farming, lending, a fundraising platform (launchpad), event tickets, a marketplace, prediction markets, non-fungible tokens (NFTs), and more. It aims to be a comprehensive blockchain bridge connecting to various sectors such as commerce, the economy, and education, with all products built on the Pi Network. If you haven't joined the Pi train yet, do so before it's too late(not financial advice).

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