What is PiBridge (PIB)? All infomation about PiBridge

## What Is PiBridge?

PiBridge is a hybrid all-in-one financial application platform combining of both DEX and CEX models with multi-chain & cross-chain AMM, farming, lending, fundraising platform (launchpad), prediction, NFT, and more features. All products will be developed with Pi Network as the base.

## What is PiBridge Cross-Chain?

PiBridge is a hybrid gateway that unleashes the barrier between the Pi network and other blockchains, making Pi accessible and approachable to the public and offering a new flexible and transparent financial tool to the Pi community.

With faith in the future value of Pi and the connectivity, the team of PiBridge aims to open the gateway to connect Pi and other blockchains, allowing data to flow and Pi holders to freely travel between the networks. This is also a pre-opened way for Pi holders to take advantage of the asset’s value.

PiBridge will issue Wrapped Pi (WPI) on Binance Smart Chain (BSC) to allow Pi holders to interact with other digital assets on BSC. The bridge will be further extended to other large networks including Polygon, Cosmos, etc.

## What’s PIB’s utility?

20% of the fees acquired will be used to buy back PiB and burn to avoid inflation and maintain the optimum value for PiB tokens at all times.

### Reward for farming

PiBridge will open liquidity pools for tokens in the ecosystem, and liquidity providers will enjoy bonuses paid in PIB, WPI and other tokens.

### Governance

PiB holders can vote for decisions of the platform such as change of fee structure, feature development, roadmap, rewards, etc.

### Discount

Users staking PiB tokens will be given discounts for bridging transaction fees, lending, good purchasing, etc. Payments for transactions made in PIB will also guarantee better prices.

### Priority in fundraising participation

Users must lock a given amount of PIB to fight for the opportunity to participate in the project launchpad.

### Marketplace currency

While other payment methods may be accepted, payments in PIB will guarantee the best prices