Pi INU, the first meme coin from the Pi Network, has been listed on MDEX.COM, a decentralized automated market making (AMM) exchange protocol.
The team announced in a tweet confirming the integration of its token (PINU) that the token, which is already on the trading platform, may be exchanged or traded for Binance BNB.
You can swap trade PINU/BNB on https://t.co/umUR07SeJ8 Now !
Contract address:
0xF03E02AcbC5eb22de027eA4F59235966F5810D4fSite Link:https://t.co/A67606cnCB#MDEX #Pinetwork #Binance #Pancakeswap pic.twitter.com/MOTcChgfDB
— Pi INU Token (@Pi_INU_Token) December 29, 2022
More than five (5) cryptocurrency trading platforms already list PI-INU, including the well-liked CoinMarketCap, Pancakeswap, Decoin, Coinsbit, and Digifinex.
Pi-INU is a Pi Network meme coin based on the Binance Smart Chain. The ‘Pi’ in the Pi-INU symbolizes the Pi-network, Pi-INU aims to be a link between the Pi-network and Binance Smart Chain. After the Pi-network ecosystem is fully established, it will act as an intermediary that enables mutual tradings.
What is MDEX.COM?
MDEX is a decentralized automated market making (AMM) exchange protocol that utilizes the idea of fund pools. It has some similarities to traditional DEXs but sets itself apart from rivals by utilizing a dual-chain model based on the Ethereum network and the Huobi Ecological Chain (HECO), which gives it access to the Ethereum ecosystem’s liquidity.
MDEX, a trading platform built on top of HECO, estimates the cost of token swaps at $0.001 per deal, with a three-second transaction time.
The great majority of DeFi projects operate on the Ethereum network as ERC-20 assets, however as it switches to Ethereum 2.0, it is experiencing issues with high gas costs and sluggish transaction times.
