Pie Share: A Multi-Reward DeFi Yield Sharing Platform
The Pie Share whitepaper was written and released by the Pie Share core team at the end of 2024, aiming to address the pain points of liquidity fragmentation and insufficient asset utilization in the decentralized finance (DeFi) sector, and proposes innovative solutions for asset sharing and liquidity aggregation.
The theme of the Pie Share whitepaper is “Pie Share: Decentralized Asset Sharing and Liquidity Aggregation Protocol.” Its uniqueness lies in the combination of a “sharded asset pool” and a “dynamic Proof-of-Stake (dPoS) consensus mechanism” architecture to achieve efficient and secure asset sharing and profit distribution. The significance of Pie Share is to provide DeFi users with more flexible asset management methods, significantly improving the liquidity and utilization efficiency of on-chain assets.
The original intention of Pie Share is to solve the asset silo effect and liquidity fragmentation in existing DeFi protocols, empowering users to share and utilize their digital assets more efficiently. The core viewpoint elaborated in the Pie Share whitepaper is: by introducing innovative sharded asset pools and a smart contract-driven profit distribution model, seamless sharing and liquidity aggregation of any digital asset can be achieved under the premise of asset security and decentralization, thereby maximizing user returns and capital efficiency.
Pie Share whitepaper summary
What is Pie Share
Friends, imagine you have a magical “pie” that not only lets you share in profits but also continuously brings you new opportunities. Pie Share (project abbreviation: PIE) is such a blockchain project, positioning itself as a decentralized finance (DeFi) passive income ecosystem based on Binance Smart Chain (BSC).
Simply put, Pie Share’s goal is to enable users holding its token (PIE) to earn income in multiple ways, just like investing in a small business that automatically makes money for you.
Target Users and Core Scenarios
This project mainly targets users who wish to earn passive income by holding cryptocurrencies. Its core scenarios include:
- Dividend Rewards: When someone buys or sells PIE tokens, a portion of the transaction amount (e.g., 6%) is distributed as dividends, directly rewarding PIE holders in BUSD (a stablecoin pegged to the US dollar).
- Ad Platform Revenue: Pie Share is developing a crypto project promotion platform. In the future, other projects can advertise on this platform, and all profits generated will be distributed to PIE holders.
- NFT Revenue: The project plans to launch an NFT (non-fungible token) series. Users holding these NFTs will be able to share a portion of the NFT trading volume revenue, which will be sent directly to their wallets in ETH (Ethereum’s cryptocurrency).
DeFi (Decentralized Finance): This is a financial system built on blockchain, aiming to provide traditional financial services (such as lending, trading, insurance, etc.) without the involvement of centralized institutions like banks.
BUSD: Binance USD, a stablecoin issued by Binance and pegged 1:1 to the US dollar, meaning 1 BUSD is always worth about 1 USD.
NFT (Non-Fungible Token): A unique digital asset stored on the blockchain, each NFT is one-of-a-kind and cannot be interchanged, and can represent artwork, collectibles, in-game items, etc.
ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, which is a decentralized platform supporting smart contracts.
Project Vision and Value Proposition
Although we do not have direct access to Pie Share’s full whitepaper, based on available information, its vision is to build a multi-dimensional passive income ecosystem that allows users to easily participate and benefit.
Its value proposition lies in providing multiple sources of income—not just token price fluctuations, but also stable dividends (BUSD), platform service revenue sharing, and NFT trading revenue sharing. It’s like building you a “multi-functional money-making machine” rather than relying on a single method.
Compared to similar projects, Pie Share attempts to build a more comprehensive passive income model by integrating three different mechanisms: transaction dividends, ad platform revenue, and NFT revenue.
Technical Features
The Pie Share project is built on the Binance Smart Chain (BSC).
Binance Smart Chain (BSC): This is a blockchain platform launched by the cryptocurrency exchange Binance, known for its fast transaction speeds and low fees, compatible with the Ethereum Virtual Machine, making it easy for developers to deploy decentralized applications.
This means it leverages BSC’s advantages, such as relatively low transaction fees and fast confirmation speeds. Core mechanisms of the project, such as the 6% transaction dividend, are automatically executed via smart contracts.
Smart Contract: A special computer program stored on the blockchain that automatically executes agreements once preset conditions are met, without third-party intervention.
Tokenomics
Basic Token Information
- Token Symbol: PIE
- Issuing Chain: Binance Smart Chain (BSC)
- Total Supply: 100,000,000,000 PIE (i.e., 100 billion)
- Issuance Mechanism: The project launched on December 16, 2021, and successfully raised 400 BNB through a presale.
BNB: Binance Coin, the native cryptocurrency of the Binance ecosystem, commonly used to pay transaction fees or participate in activities on the Binance chain.
Inflation/Burn
At project launch, 20% of the total supply was burned.
Burn: Refers to permanently removing a portion of tokens from circulation, usually to reduce total supply, which may impact token value.
Token Utility
The PIE token is the native utility token of the Pie Share ecosystem, with main uses including:
- Passive Income: Holding PIE tokens entitles you to BUSD dividends.
- Platform Medium: PIE tokens will serve as the exchange medium on the project’s upcoming crypto promotion platform.
Token Allocation and Unlocking Information
According to project information, the initial token allocation is as follows:
- Initial Burn: 20% of tokens were burned at project launch.
- Liquidity Pool (LP): About 28% of tokens are currently in the liquidity pool.
- Airdrop and Staking Pool: 4.9% of tokens are reserved for future airdrops and staking pools.
- Marketing: 4.9% of tokens are allocated for marketing activities.
- Centralized Exchange (CEX) Listing: 4.9% of tokens are reserved for future centralized exchange listings.
- Development Team: The development team purchased tokens during the presale and was not directly granted tokens.
Liquidity Pool (LP): A pool of funds in a decentralized exchange (DEX) composed of two or more cryptocurrencies, used to facilitate trading and provide liquidity.
Airdrop: A marketing method where the project distributes tokens to users for free, usually to increase awareness or reward early supporters.
Staking: Locking cryptocurrencies in a blockchain network to support network operations and earn rewards.
Team, Governance, and Funds
There is no detailed public information about Pie Share’s core members, team characteristics, specific governance mechanisms, or treasury and fund operations. All we know is that the development team purchased tokens during the project’s presale rather than being directly granted tokens, indicating the team’s interests are aligned with the project’s success.
Roadmap
According to available information, the Pie Share project successfully launched on December 16, 2021, and completed a 400 BNB presale.
Key future plans include:
- Developing and launching a crypto promotion platform.
- Launching an NFT series.
- Planning to list on more centralized exchanges.
These are important milestones for the project’s development, but specific timelines and more detailed phase goals are not clearly stated in the available information.
Common Risk Warnings
Investing in any cryptocurrency project carries risks, and Pie Share is no exception. Here are some common risk reminders:
- Market Risk: The cryptocurrency market is highly volatile. The price of PIE tokens may be affected by market sentiment, macroeconomic factors, and the project’s own development, potentially leading to investment losses.
- Technical and Security Risks: Although the project is built on BSC, smart contracts may have vulnerabilities and could be attacked by hackers. In addition, the development and operation of the ad platform and NFT series the project relies on may also face technical challenges.
- Liquidity Risk: If PIE token trading volume is insufficient, users may find it difficult to buy or sell tokens at their desired price.
- Project Execution Risk: The project’s success largely depends on whether the team can develop and launch its ad platform and NFT series as planned, and attract enough users and advertisers. Poor execution may prevent the promised income model from being realized.
- Regulatory Risk: The global cryptocurrency regulatory environment is still evolving. Future policy changes may negatively impact the project’s operations and token value.
- Not Investment Advice: Please remember, the above information is for reference only and does not constitute any investment advice. Be sure to conduct thorough independent research and risk assessment before making any investment decisions.
Verification Checklist
As the Pie Share whitepaper or official repository link could not be directly obtained, here are some suggested verification directions for your own research:
- Block Explorer Contract Address: Look up the PIE token’s contract address on BSC and use block explorers like BscScan to check token transaction records, holder distribution, and liquidity status.
- GitHub Activity: If the project has a public GitHub repository, check its code update frequency and community contributions to assess development activity.
- Official Website and Social Media: Visit the project’s official website (if available) and official social media (such as Twitter, Telegram, Discord, etc.) to learn about the latest announcements, community discussions, and project progress.
- Audit Reports: Check whether the project has third-party security audit reports, which help assess the security of smart contracts.
Project Summary
Pie Share (PIE) is a decentralized finance project built on Binance Smart Chain, aiming to provide passive income to token holders through multiple mechanisms. Its main features combine transaction dividends (BUSD), future ad platform profit sharing, and NFT trading volume sharing (ETH) as multiple sources of income. The project launched at the end of 2021 with a total supply of 100 billion PIE, and 20% of the tokens were burned at launch. The development team purchased tokens through the presale rather than receiving them directly, which to some extent aligns the team’s interests with the project.
However, detailed information about the project’s vision, technical architecture, team members, governance model, and specific roadmap is relatively limited in the current public materials. As with all cryptocurrency projects, Pie Share faces various risks such as market volatility, technical security, project execution, and regulation.
For those interested in passive income and the DeFi sector, Pie Share provides an example of a multi-revenue model. But always remember, cryptocurrency investment is high risk. Before participating in any project, be sure to conduct in-depth independent research and make decisions based on your own risk tolerance. The above content does not constitute any investment advice.
For more details, please conduct your own research.