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Home/Cryptocurrency Mining/Page 65
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Shiraverse Latest Questions

Raju Kumar
Raju Kumar
Asked: 2 years ago

What are the steps for KYC approval?

Pioneers can apply for KYC via the Pi Browser. Tentative KYC approval requires additional verification before full approval. Full KYC approval is needed for Mainnet migration.

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Raju Kumar
Raju Kumar
Asked: 2 years ago

How is the app usage reward calculated?

The reward is calculated based on the time spent in Pi apps and the diversity of apps used. The formula considers a Pioneer’s time spent per app, the logarithmic value of total time across apps, and the average daily time ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Mining

What should I do if I don’t receive my SAUCE tokens after signing up?

If you don’t receive your SAUCE tokens after signing up, first ensure that you have completed all the necessary steps, including entering the referral code correctly. If everything is in order but you still haven’t received your tokens, contact ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How is the Mark Price calculated?

For perpetual swaps, the Mark Price is calculated as the 1-hour Time Weighted Average Price (TWAP) per second of the index price from one hour before the end of transaction support. The formula is: Mark Price(t)=1⋅Index PriceRead more

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Raju Kumar
Raju Kumar
Asked: 2 years ago

What is the Enclosed Network phase?

The Enclosed Network phase is a transitional period where the Pi Mainnet is live but operates within a firewall that prevents any unwanted external connectivity. During this phase, Pi transactions are limited to within the Pi ecosystem, and Pi cannot ...Read more

CryptocurrencyCryptocurrency MiningPi Network
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    Answer
    Added an answer about 1 month ago

    The Enclosed Network phase is a stage in a blockchain or crypto project where the network is live, but access is restricted to approved users or internal participants only.

    The Enclosed Network phase is a stage in a blockchain or crypto project where the network is live, but access is restricted to approved users or internal participants only.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Mining

How do social media engagements help in earning SAUCE bonuses?

Social media engagements help you earn SAUCE bonuses by participating in specific activities and campaigns hosted by the Sauces community. By engaging with Sauces on platforms like Twitter, Facebook, and Instagram, sharing content, participating in events, and promoting the ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Mining

What is the halving process?

The halving process ensures a controlled coin supply. Your earning rate starts at 16 SW coins per hour and halves weekly for seven weeks.

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Raju Kumar
Raju Kumar
Asked: 2 years ago

Is Pi Network safe and legitimate?

Pi Network is designed with security in mind, utilizing decentralized blockchain technology. However, as with any new technology, it is essential to do your own research and exercise caution.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Mining

What is the utility of the SAUCE Token?

The SAUCE Token has several utilities within the Sauces ecosystem. You can use it to vote on new token launches, stake for rewards, and participate in community-driven decisions. SAUCE tokens also enable you to access exclusive events, create content ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Mining

What is slashing with SAUCE, and when does it happen?

Slashing with SAUCE is a penalty mechanism that reduces your earnings if you become inactive. Slashing occurs if you hold more than 20,000 SAUCE tokens and fail to extend your mining session or exhaust all your days off. The ...Read more

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