The pre-Mainnet supply model’s unpredictability raised concerns about planning, over-rewarding or under-rewarding contributions, and maintaining long-term incentives. These issues prompted a shift to a clearer supply model for Mainnet.
Tag: Pi Network
I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 55 million members worldwide. To claim your Pi, follow this link https://minepi.com/Shiraverse and use my username Shiraverse as your invitation code.
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.
Mining rewards will be diversified to incentivize various contributions related to app usage, node operation, and Pi lockup. Yearly supply limits will be determined based on a declining formula to ensure a smooth allocation curve over time.
The Pi Foundation, a non-profit organization, will manage 10 billion Pi reserved for community organization and ecosystem building. It will organize events, gather community feedback, support developers, and ensure the network’s representation and branding.
Immediate compliance if asked to stop unacceptable behavior. Pi may take actions such as temporary or permanent bans, removal of privileges, or removal of content.
Website: minepi.com Support Portal: minepi.com/support/ Community Wiki: minepi.com/wiki Twitter: @PiCoreTeam Telegram: PiAnnouncements Facebook: @PiCoreTeam Instagram and Threads: @pi_network YouTube: PiCoreTeam Medium: pinetwork-official.medium.com
Pi Mining App: Available on iOS App Store and Google Play Store. Pi Browser: Available on iOS App Store and Google Play Store. Pi Wallet: wallet.pinet.com KYC: kyc.pinet.com Pi Chats: chat.pinet.com Fireside Forum: ...Read more
Pi Core Team will never ask for account passwords or wallet passphrases. Pioneers should be cautious of third-party services requiring sensitive data. Report suspicious activity through the Pi app’s profile page.
KYC (Know Your Customer) is a procedure to verify Pioneer identities to ensure that all members are real individuals, maintaining network integrity and fairness.
Combines machine automation and human verification to ensure privacy and accuracy. Personal data is redacted, and human Validators from the same country verify information. Validators are trained and their work is cross validated to maintain accuracy.