A well-thought-out token design is crucial for the success of a cryptocurrency network as it can incentivize network formation, growth, and utility creation. It plays a vital role in shaping the ecosystem’s dynamics, determining whether the network prioritizes growth, utility ...Read more

Pi is not approved for listing on any exchange during the Enclosed Network period. Any sales or exchange listings are unauthorized and not affiliated with Pi Network. Engaging with such exchanges may result in loss or damage.

Pi Network aims to create the world’s most inclusive peer-to-peer ecosystem fueled by Pi, its native cryptocurrency. The supply and mining mechanisms are designed to balance network growth, accessibility, security, and long-term incentives.

The app usage reward encourages Pioneers to use Pi apps, benefiting both app developers and the overall ecosystem. By rewarding time spent in apps, Pi aims to create a market for decentralized applications (dApps) and transition towards organic usage driven ...Read more

The lockup reward enhances the individual Pioneer base mining rate, which is used as an input to calculate other rewards like Security Circle rewards, Referral Team rewards, Node rewards, and app usage rewards. By locking up Pi, Pioneers can increase ...Read more

Pioneers can decide their lockup settings at any time in the Pi app. These settings apply to their transferable balance when migrating to the Mainnet. Once confirmed, lockups cannot be reversed and must remain for the chosen duration. Pioneers can ...Read more

Yes, Pioneers can voluntarily initiate multiple lockups with different durations and percentages. Each lockup contributes proportionally to the total lockup rewards based on its duration, percentage, and mining history.

Lt (Lockup Time period multiplier): This multiplier depends on the duration of the lockup, ranging from 0 for no lockup to 2 for a 3-year lockup. Lp (Lockup Percentage multiplier): This multiplier is based on the percentage of Pi locked up, ...Read more

The lockup reward (L) is calculated using a formula that takes into account the duration of the lockup (Lt), the percentage of Pi locked up (Lp), and the logarithmic value of the total number of previous mining sessions (N). Pioneers ...Read more

The lockup reward incentivizes Pioneers to engage with the network for longer periods and contribute to its stability. By voluntarily locking up their Pi, Pioneers can earn a higher mining rate, helping to moderate the circulating supply in the market ...Read more