DeFiPie rebranding announcement

We know it’s been a tough (and even scary) couple of weeks in DeFiPie, so here is some good news to cheer you up. For the past few weeks, we’ve been hard at work on next steps and plans for DeFiPie and a solution has finally come! We’re ready to present a rebranding program for DeFiPie, and our future plans and vision! So, read and chill!

After being hacked and funds being stolen, we are looking to the future of our work, our community and the DeFIPie project in general. We will not say that everything was broken, and now we plan to work in the future and continue to rebuild our product — we have to find new way, change something and provide more value than previously expected. Don’t forget that DeFiPie fully completed development by roadmap and we planned to develop additional features, but today we come with even wider visions, ideas and plans! Recently we developed some insights regarding DeFiPie’s rebranding and today we’re thrilled to announce that DeFiPie is going to rebrand its name — DeFiPie is going to be called pieLABS — the first laboratory of decentralized finances!

pieLABS, the first laboratory of decentralized finance which combines classic DeFi features like lending and borrowing, NFT lending and DEX oracles education portal. It’s like our previous vision of an ‘All-in-One DeFi app’ but combined with the current market movements aimed to achieve mass adoption and educate the non-crypto community. All-in-one does not just mean the DeFi and NFT market. We’re going to operate like crypto bank!

pieLABS will be the principal company under the DeFiPie project. From today, DeFiPie is only one part of a more complex product of the pieLABS ecosystem. But first, let’s talk briefly about each part of the product. Later, in future articles, we’ll describe each part that’s more complex. So, pieLABS will contain 5 main products for the DeFi & NFT ecosystem:

• DeFiPie lending application;
• Educational portal;
• DEX oracle;
• NFT AMM marketplace;
• pieAnalytics

DeFiPie lending application

DeFiPie — it’s a complex lending platform for any ERC20, BEP-20 and Polygon assets! And we’re aiming to support ERC-755, ERC-1155. Yes! DeFiPie is planning to support lending and borrowing for NFT and using NFT as collateral! It will be a revolutionary step in the NFT market, which aims to provide more liquidity to the NFT space.

DeFiPie will always stay on DeFi trend waves and will add more features to the application. All this will be described in the upcoming roadmap and explanatory article about DeFiPie’s future vision, so stay tuned and subscribe to our updates to see what will happen next.

DEX Oracle

PIEOracle is a free and public decentralized oracle that pulls price data on the most liquid pairs traded on various AMM platforms including Uniswap, SushiSwap, 1inch, etc. It can handle any number of currency pairs and returns the prices in ETH and USD.

PIEOracle solves the perennial pain of all those projects that require up-to-date crypto price data but do not want to build their oracle. Examples include:

- Defi platforms.

- Investment projects.

- Any project selling services for crypto.

The oracle is fully public, open-source, available to all, and free to use (apart from the standard Ethereum gas fees).

NFT AMM marketplace

NFT marketplace — is AMM & marketplace in one application to provide liquidity for NFTs, ability to use NFTs as collateral, buy and sell NFTs. It’s an extremely broad topic to cover here and we’ll let the community know more in upcoming updates, for sure.

Educational portal

Under pieLABS we’re aiming to educate people about “How to DeFi” with the best market strategies, like how to earn money on bullish/bearish markets, how to use AMMs, liquidity mining and other tools. We’ll educate you about using your portfolio in any market situation.

This kind of activity will attract more audiences (crypto and

non-crypto) to existing pieLABS products, will also attract more buyers and will push mass adoption of the new banking wave.

pieAnalytics

We know the importance of knowing the current state of your DeFi portfolio. The pieLABS team is aiming to create an analytic tool on the DeFiPie app to control your earnings, APYs with push notifications.

This part of the product will be like a notification service to provide the current and estimated future states of your portfolio. In future, we will create a general analytic tool to cover the tools in the DeFi market as much as possible.

Vision and next steps

To summarize everything, we’d like to say that pieLABS is aiming to create a decentralized banking ecosystem that will combine the needs of retail and institutional investors. In case our products and developer will find enough feedback and cover the user’s pain points, we’ll rebrand to a fully decentralized banking solution with licenses.

As you know, we’re developing a compensation tool for our existing community and we have a lot of work. In the next 2–3 weeks, we’ll finish the development of the application where the community will be able to recover their funds from the previous agreement. The pieLABS team will prepare new branding, new socials, and will send more updates to our community. In September, we’ll push our product to more audiences, raise funding from the top VCs, and a lot more cool info.

Stay with us and thank you for being part of the DeFiPie then, and now pieLABS family!