What is Pion Network – A Canary Network for Muon Network (PION)

Pion Network is a stateless and decentralized middleware. It acts as a foundational data layer for RFQ (Request for Quotation), Intents, and future innovations within the Web3 ecosystem. Functioning as a Turing Complete Oracle Sandbox, PION equips Web3 developers with the necessary resources to create versatile Oracle applications.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (PION/USDT – Trade it here) on the Innovation Zone! Check it out now!

What is Pion Network - A Canary Network for Muon Network (PION)
What is Pion Network – A Canary Network for Muon Network (PION)

What Exactly is Pion Network

Pion Network holds a significant role within Muon Network. It is the canary network for Muon. Pion Network also effectively serves as the first or early release of the Mainnet. From a technological perspective, Pion Network establishes a controlled environment for the initial implementation of all features. This means that applications can be deployed and operated on this network, and nodes can retrieve responses to requests, subsequently earning rewards. Notably, the network’s token, PION, is tradable on the market, adding an economic dimension to its functionality.

Furthermore, it’s worth highlighting that all of Muon’s security layers will eventually be active on the Pion Network, ensuring robust security for the platform. The launch of this network is currently slated for late 2023.

In its role as a Turing Complete Oracle Sandbox, Pion Network provides web3 developers with the essential tools to create versatile Oracle applications. It enables the decentralization of all off-chain elements within any decentralized application (dApp). Pion Network is playing a pivotal role in paving the path toward the next generation of Web3 applications.

Advantages of PION Tokens

In a notable departure from conventional token launches, the entire supply of PION tokens will be locked right from the launch. The sole source of liquid PION tokens will be managed by the MUON team. They will be responsible for providing tokens to the centralized exchange (CEX) where PION will be introduced.

As outlined in PION’s tokenomics, users are required to operate nodes to earn tokens. To accomplish this, users must obtain PION tokens and secure them by converting them into bonPION NFTs. Furthermore, they are not tradeable on the open market. This can be achieved either by purchasing PION tokens from the CEX or through the node-drop mechanism.

Given that the entire token supply is locked initially, and only the MUON team controls the liquid tokens, there will be a restricted and monitored availability of PION tokens for trading. This anticipated scarcity is expected to drive higher demand for PION tokens, consequently boosting their value.

Furthermore, because users need to hold PION tokens to participate in node operations, there will be a strong motivation for users to accumulate and retain these tokens. This inclination is likely to contribute to positive price trends and long-term growth.

This unique structure of the PION token launch encourages users to become actively involved in the network rather than solely trading tokens for short-term gains. This strategic approach not only results in favorable price movements but also fosters a resilient and decentralized ecosystem with numerous nodes, thus enhancing the network’s stability and security.

Where to buy PION Token

You can find PION Tokens here at MEXC! We are listing PION/USDT in our Innovation Zone!

What is the Price of PION Tokens?

The PION Token is currently trading at MEXC with a live price of $0.446. You can check the live price of their token right here!

How to buy PION Tokens on MEXC

You can buy PION Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “PION” using the search bar to see the available trading pairs. Take PION/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of PION you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy PION] to confirm your order. You will find the purchased PION in your Spot Wallet.

You can find a detailed guide on how to buy PION Tokens here.

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Meanwhile, check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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