ANWAROX

Despite having been launched in March 2019, the Pi Network’s PI coin is yet to be available on the open market.
No date for the platform’s mainnet launch has yet been announced.
PI is mined by pressing a button on a mobile phone app.
More than four years after it was first announced, the much-touted Pi Network cryptocurrency is still unavailable on the open market. Despite that, though, the coin is still one of the most hotly discussed cryptos out there.
This is no mean feat for something that does not have any kind of actual market value. While this year has seen a hackathon and the launch of an online social space, there is still no indication as to whether people will be able to buy, sell, and trade the PI coin.
In late 2023, Pi hinted that it might launch its open mainnet in 2024, providing certain conditions were met.
Pi Network did not immediately respond to a request for comment.
But what is Pi Network (PI)? How does the Pi Network work? Let’s take a look and see what we can find out and also examine some of the Pi Network price predictions that were being made as of January 2 2024.
PI Network Price Predictions
With that all said and done, let’s look at some of the Pi Network price predictions being made on January 2 2024. Since PI is not yet on the open market, you should realize these forecasts will, by definition, be even more speculative than usual. Most price predictions end up being wrong, anyway. It is also worth noting that many longer-term crypto price predictions are made using an algorithm, which means they can change at any time.
Short-term Pi Network price prediction
Firstly, CoinCodex made a hypothetical short-term Pi Network price prediction for 2024 which saw the still-unreleased coin trade at $34.59 on January 7 before reaching $37.85 on February 1. The site’s technical analysis bearish, with 14 indicators sending discouraging signals and 10 making bullish ones.
Should I invest in PI Network?
#Write2Earn #PiNetwork #PiOnBinance #TrendingTopic #BTC

Gibraltar, Gibraltar, June 10th, 2024, Chainwire
Polkadot’s leading DeFi project – Hydration, is thrilled to announce that it has been awarded 2 million DOT (equivalent to $14.4 million) tokens from the Polkadot treasury. The funds have been earmarked to bolster the liquidity and trading efficiency of Hydration’s single-sided liquidity provisioning platform Omnipool.
The allocation of the DOT tokens is twofold. One million DOT will be spent over the course of one year to attract fresh liquidity to the Polkadot ecosystem, with initial rewards for Liquidity Providers (LPs) ranging above the 200% APY mark. Thanks to the single-sided LP design of the Hydration Omnopool, users will start receiving rewards after providing a single asset and joining an incentives farm, with various assets being incentivized including native stablecoins, DOT, BTC and several ecosystem coins.
The remaining one million DOT will be injected directly into the Hydration Omnipool itself, with the goal of supporting the creation of a robust, accessible layer of native liquidity to benefit the broader Polkadot 2.0 ecosystem over time (Treasury Proposal #730). The capital adds to an existing 690k+ dot (AND 560k+ vDOT) already LPed into the Hydration Omnipool.
Hydration co-founder Jakub Gregus said, “This generous allocation from the Polkadot treasury marks a pivotal moment for Hydration. With this welcome injection of liquidity, we are able to significantly deepen our liquidity, which is vital not just for our growth but also for the continued health of the entire Polkadot ecosystem.
“The Hydration Omnipool is designed to provide unparalleled efficiency and accessibility in trading crypto-assets, and this support from the Polkadot treasury is a testament to the potential impact of our forward-looking approach.”
The funding provided for the Hydration Omnipool, provided in a decentralized and non-custodial manner, will remain under the control of the Polkadot Protocol and OpenGov.
This strategic initiative is expected to drive significant advancements in how liquidity is provided and managed within the Polkadot ecosystem, setting a new standard for liquidity solutions in the shared blockchain network.
About Hydration
Hydration is the main liquidity protocol on Polkadot. Its mission is to make DeFi efficient, simple, and unstoppable. To achieve this, Hydration unites swaps, lending and a stablecoin currency under the roof of a single, scalable appchain. Offering single-sided LPing, automated trades (DCA) and limit orders, Hydration provides the most efficient liquidity venue on Polkadot.
Contact
Ecosystem LeadBen MIntergalactic Limitedsaas@hydradx.io
The post Polkadot Allocates $14.4M to Boost DeFi with Hydration appeared first on CaptainAltcoin.
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