A: The whitepaper outlines several key utility functions for the Pie Token, making it integral to the platform's operations and incentivizing user engagement. Here's a breakdown of its utility:

Fee Payment and Cashback Rewards: $PIE Token holders can utilize their tokens to pay trading fees on the Pie Exchange. Choosing to pay fees with Pie Tokens results in their complete burning, effectively reducing the circulating supply and potentially increasing the value of the remaining tokens. Alternatively, traders can pay fees using other tokens, but doing so earns them a 50% cashback reward in Pie Tokens. After the initial reserve allocated for cashback is depleted, the platform will purchase Pie Tokens from the open market to fund the cashback program, creating consistent buy pressure and potentially supporting the token's price.


Staking and Farming: Be ready for future staking and farming programs that will utilize the $PIE Token. These programs will offer users additional ways to earn rewards by locking up or utilizing their $PIE Tokens. Staking typically involves holding tokens for a specific period to earn rewards, while farming often involves providing liquidity to trading pairs or participating in other DeFi activities.

Governance: $PIE Token holders will be granted voting rights on proposals related to platform development, token listing/de-listing, fee structures, or other key decisions impacting the direction of the exchange. This would empower the community to actively shape the future of Pie.

A: While Pie Exchange operates as a centralized exchange, it incorporates several features designed to empower its community and give users a voice in its operations.

A: $PIE token holders will likely have the ability to vote on proposals to list or de-list specific tokens.
The community will have the power to decide which tokens are added to the exchange through a voting mechanism. Similarly, the community can initiate and vote on proposals to de-list tokens from the exchange.