To help investors holding Pi Network (PI) maximize their capital efficiency, starting from February 27, 2025, ONUS officially enables the ONUS Booster feature for this asset.
With this feature, users can collateralize PI to receive VNDC with a limit of up to 75% of the collateralized PI value. For example, if you own PI worth 10,000,000 VNDC, you can open a collateralized position to receive 7,500,000 VNDC and immediately reinvest in other potential assets.
The usage fee for ONUS Booster will be automatically calculated daily at the rate of 0.067%/day and directly added to the total position volume.
Detailed instructions on how to open/close positions and important notes when using ONUS Booster are available here.
Other Updates
ONUS has also updated the collateral limit for several assets, including NEAR, SUI, APT, XLM, LTC, POL, DOGE, and SHIB1000 to 75%.
To check the collateral limit and liquidation threshold for all assets, please refer to the detailed information on the app.
About Pi Network
Pi Network is a cryptocurrency mining project combined with a financial ecosystem, designed to allow anyone to easily participate in the crypto market regardless of technical knowledge or device capability. The platform enables users to mine Pi directly on mobile devices while supporting decentralized applications built on Pi’s blockchain.
Since its listing on February 20, 2025, the PI token has surged 2,841% (30x its initial value), reaching a market cap of $19.38 billion and attracting significant attention from the entire crypto community.
