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What is the Wrapped Pi Token?

Wrapped Pi (WPi) is a token generated by the PiBridge project as an alternative for the native Pi coin (originating from Pi Network) that allows communication between Binance Smart Chain and Pi Network. WPi abides by the token BEP-20 standard, which grants it access to decentralized finance features on the Binance Smart Chain, such as exchange, lending, borrowing, predicting, and so on.

One WPi is endorsed by a native Pi in a 1:1 ratio, which implies that when one WPi is generated on Binance Smart Chain, one native Pi will be locked on Pi Network, and vice versa. This will ensure the value of Pi and WPi are in equilibrium.

How to get WPi?

PiBridge cross-chain allows users to convert native Pi into WPi At a ratio of 1:1. Users can switch between WPi and native Pi by taking the following steps on PiBridge platform:

Choose the destination chain and enter the receiving wallet address
Confirm the transaction and check the balance of the receiving wallet.

The user will receive the converted assets safely, quickly, and conveniently using the above steps.

What is the purpose of WPi?

WPi complies with the BEP-20 token standards. The token is easily compatible with the Binance Smart Chain ecosystem’s decentralized financial products. WPi is considered PiBridge’s utility token. Users can use them to access PiBridge’s featuressuch as farming, staking and earning, lending, e-commerce, OTC market, etc.