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#PI #PI This is the truth. The wise ones buy pi for a low price before it reaches 200 dollars.
The Pi NETWORK is actively exploring the evaluation mechanism on the blockchain? Recently, the Pi Network community encountered a shocking news: a smart contract was discovered, speculated to be from chainlink, containing direct references to Pi Coin and dynamic evaluation mechanisms. If confirmed, this would be a significant breakthrough, indicating that the Pi Network may be striving to achieve the goal of stabilizing the Pi value through automatic minting and burning mechanisms. What is the evaluation (PEGGING)? Evaluation is a mechanism where the value of assets is pegged to a fixed value or another asset ( for example, Tether or gold ). This mechanism is commonly found in stablecoins ( such as Tether (USDT), Tether (USDC) ), which helps maintain price stability and prevent excessive fluctuations. However, what makes the evaluation mechanism of Pi Coin unique is its use of dynamic algorithm evaluation, where the smart contract will automatically:
✅Forge an additional Pi Coin when the price is lower than the target price to create (.
✅When the price exceeds the target price, ) Pie Coins will be destroyed. The key details in the smart contract are as follows:
🔸Associated Token: PieCoin
🔸Target price: 314.159 * 10¹⁸ = $314.159( This value has been converted to Wei, the smallest unit.