🥧 What PieSwap Is
PieSwap is a decentralized exchange (DEX) built on the Dusk Network ecosystem — specifically on DuskEVM (Dusk’s EVM-compatible layer). It lets users:
✔️ Swap tokens
✔️ Provide liquidity
✔️ Stake and earn fees
✔️ Use Dusk-native assets and token standards
PieSwap also has its own governance/fee-sharing token called $PIE. Holding/staking $PIE can earn fees from trades on the platform.
🧠 How It Relates to Dusk Protocol
📌 1. Dusk Network (the Protocol)
Dusk Protocol (Dusk Network) is a privacy-focused Layer-1 blockchain designed for regulated finance, combining:
Zero-knowledge privacy
Compliance primitives for real-world financial use
Modular architecture with both privacy settlement and EVM compatibility
The native token of this blockchain is $DUSK, used for gas, staking, governance, and ecosystem activity.
📌 2. DuskEVM & Token Standards
DuskEVM lets developers deploy Ethereum-style smart contracts and DeFi apps (like PieSwap) with additional privacy and compliance layers.
A new token standard called DRC-20 is being developed for tokens on Dusk.
🛠️ PieSwap Features on Dusk
🔁 Swaps & Liquidity
PieSwap functions like a typical automated market maker (AMM) DEX on DuskEVM — you can swap tokens and also provide liquidity to earn a share of fees.
💰 $PIE Token
$PIE is PieSwap’s native fee/token reward token.
Stake $PIE → get sPIE → earn from every DEX trade automatically.
No fees on compounding (it auto-compounds).
🏦 Staking & Rewards
Users can stake $PIE or provide liquidity to earn rewards from Dex fees. PieSwap is community-owned with a fair launch (no team allocation).
💼 Piewallet
PieSwap also supports its own wallet extension called Piewallet — compatible with both DuskDS and DuskEVM, letting you manage and swap assets.
🔗 How it Fits into Dusk’s Ecosystem
PieSwap is one of the first DeFi projects on DuskEVM and illustrates how Dusk’s EVM layer is being used for real financial applications:
✅ Enables decentralized trading directly on Dusk
✅ Helps bootstrap liquidity for new tokens on the network
✅ Strengthens the Dusk DeFi ecosystem alongside other projects listed in Dusk’s docs
🧩 Important Notes / Context
Dusk Network focuses on privacy + regulatory compliance, differentiating it from typical public blockchains.
The ecosystem is still growing, and PieSwap currently appears as one of the core early DeFi apps on DuskEVM.
Use always caution and do your own research (DYOR) — DeFi carries risk and protocols can change
