# PiChain Overview

By [Bi](https://paragraph.com/@bi-2) · 2023-01-23

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**All about PiChain**

PiChain is an EVM-compatible blockchain that aims to complement the original Pi Network. PiChain seeks to bring scalability, security, robustness, and utility to Pi Network.

PiChain doesn’t compete with Pi Network.

PiChain project is a community-first blockchain that aims to empower PiChain holders and enthusiasts. PiChain will ultimately provide

PiChain users with access to blockchain games, NFTs, and the ever- growing DeFi ecosystem.

The main goal of PiChain is to increase the use cases of Pi Network by providing it with much-needed utility.

Pi users can achieve this goal by merely wrapping their $PI into Pi Network smart contracts and receiving $wPI PoS tokens in return.

\=> $wPI tokens live on the Pi Network blockchain and will allow users to access an ecosystem of DeFi products, NFTs and GameFi, all indirectly powered by their original $PI tokens.

PiChain relies on the Polygon Edge framework to build its standalone, EVM-compatible blockchain. EVM stands for Ethereum Virtual Machine, which means that this smart contract-capable platform will be compatible with dApps deployed on Ethereum, In addition to existing protocols, Dogechain will propose its own smart contracts, thus building upon the extensive DeFi ecosystem.

**PiChain relies on the following key principles:**

*   IBFT Proof-of-Stake (PoS) consensus
    
*   EVM-compatible
    
*   Decentralized Governance
    
*   Cross-chain compatibility
    

**Tokenomic:**

Private 7% 70,000,000 Presale 10% 100,000,000 Liquidity 12% 120,000,000 CEX 10% 100,000,000 Staking 8% 80,000,000 Development 7% 70,000,000 DAO Fund 12% 120,000,000 Backup 7% 70,000,000 Partnerships 8% 80,000,000 Ecosystem 13% 150,000,000 Bridge 6% 60,000,000

**PiChain Token Vesting**

Private & Presale Unlocked 100% at TGE

Liquidity Locked for 365 days

CEX Locked for 30 days Staking Locked for 30 days, TGE 10%

Develepment TGE 10% tokens released each cycle 20% each 30 days

DAO Fund Locked for 120 days

Backup Locked for 90 days

Partnerships Locked for 60 days, TGE 10%

Ecosystem Locked for 60 days

Bridge Locked for 30 days

**ROAD MAP**

Phase 1 Team Formation Create the project Website creation

Phase 2

Whitepaper design Private Sale Build products Blockchain Creation

Phase 3 Explorer, nodes Testnet Community building Presale Cross-chain

Phase 4 Mainnet DEX Exchange Release wallet dApp development Staking

Phase 5 CEX listing Android/IOS Wallet Gamefi and Metaverse Game testnet PiChain Hackathon

Social:

[https://pichain.space](https://t.co/rPPOORvZfu)

[https://t.me/PiChain\_Global](https://t.co/jSF5dPdigW)

[https://discord.gg/695RGZN255](https://t.co/QHPfXeqqby)

[https://youtube.com/@pichain](https://t.co/E6jNBEh6jn)

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*Originally published on [Bi](https://paragraph.com/@bi-2/pichain-overview)*