Pi Network Partners With Open Standard: Rewards Coming for Pioneers?
The Pi Network has announced a partnership with Open Standard, the company behind the Open USD (OUSD) stablecoin. OUSD is a partner-governed stablecoin designed as open infrastructure, and it has already been launched through exchanges like Coinbase, Kraken, and Uniswap.
The partnership between Pi Network and Open Standard could bring rewards to Pioneers, which would be the first time such a program has been implemented. However, no details have been released about how the reward program will work or when it might launch.
Open Standard uses a different economic model from most major stablecoin players, where participating partners can earn rewards based on OUSD supply and activity generated on their platforms. They can also become eligible to earn equity in Open Standard.