Pioneer mining rates in Mainnet are calculated based on various factors, including contributions to security, referrals, node operation, app usage, and potential future contributions. These rates are adjusted dynamically based on the current systemwide base mining rate and individual Pioneer ...Read more

The ability to exchange Pi for other cryptocurrencies or fiat will be available during the Open Network phase. This phase is expected to begin once the network’s ecosystem is mature and a significant number of users have completed the KYC ...Read more

The community receives 80% of the total supply, with 65% allocated for mining rewards, 10% for community organization and ecosystem building, and 5% for liquidity pools. The Pi Core Team receives 20% of the supply.

Pi Network aims to support various DeFi protocols, including decentralized exchanges (DEXs), lending platforms, and automated market makers (AMMs). Specific protocols will be developed and integrated as the network and community grow.

For more information, visit the official Pi Network website, read the whitepapers, and follow their official social media channels for updates.

Pi Network will comply with global and local regulations, including KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements, to ensure legal and safe financial operations within its DeFi ecosystem.

Unlike in the pre-Mainnet phase, the systemwide base mining rate (B) in Mainnet is not constant across all Pioneers. It is calculated in real time and dynamically adjusted based on a yearly supply cap. This adjustment ensures that the total ...Read more

KYC verification is required for Pioneers to transfer their Pi balances to the Mainnet. Failure to complete KYC within the rolling grace period of six months results in the reallocation of unverified Pi to Pioneer mining rewards.

Unverified Pi beyond the grace period is reallocated to Pioneer mining rewards and not transferred to the Mainnet. This ensures that Pi on the Mainnet is held by verified Pioneers who contribute to the network’s growth.

The Mainnet phase comprises an Enclosed Network period followed by an Open Network period.