Pichi Finance Launches Token Generation Event (TGE)

Hong Kong, August 16th, 2024, Chainwire
Pichi Finance, a decentralized points trading protocol, is set to launch its utility token, PCH, on Gate.io and MEXC starting August 19, 2024, at 16:30 UTC. The Token Generation Event (TGE) follows a successful public sale on Dao Maker and introduces a revenue sharing mechanism for participants.

The PCH token will allow holders to share in the protocol’s revenue generated from transaction fees and DeFi integrations, positioning Pichi Finance as a leader in points infrastructure.

Successful $2.5M Seed Funding Round

On August 1, 2024, Pichi Finance completed a USD $2.5 million Seed Funding Round led by UOB Venture Management, Signum Capital, and Mantle Network. With this investment, Pichi Finance aims to enable trading on day one and expand to other EVM Chains.

A New Era for Points Trading

Pichi Finance’s protocol will allow users to trade points from multiple platforms before and after the TGE, utilizing the ERC-6551 standard for secure trading and ownership. By creating a Pichi Wallet, users can deposit tokens that earn points and trade them seamlessly.

“The PCH token is the backbone of our tech stack. It redefines how points are perceived in incentives.” – Wesley Tang, Founder of Pichi Finance.
Pichi Finance is committed to creating a transparent, trustless marketplace for trading rewards in the DeFi ecosystem.

About Pichi Finance

Pichi Finance revolutionizes the DeFi space by introducing the ERC-6551 account solution, enabling users to earn and trade rewards effectively.
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Contact: Aimee Hillman | Peninsula PR for Pichi Finance | [email protected]

This article was originally published on Chainwire.