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Shiraverse

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Home/Pi Network/Page 3

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.

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Shiraverse Latest Questions

Raju Kumar
Raju Kumar
Asked: 1 year ago

How does the app usage reward contribute to the Pi ecosystem’s growth?

The reward potentially leads to increased spending of Pi by Pioneers in apps. However, spending is not incentivized directly, ensuring that apps compete based on product quality and utility. This mechanism fosters the emergence of the best apps in the ...Read more

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Raju Kumar
Raju Kumar
Asked: 1 year ago

How does the lockup reward contribute to the overall mining rate?

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

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Raju Kumar
Raju Kumar
Asked: 1 year ago

Is there a projected price for Pi once it becomes tradable?

No official projections or guarantees are provided regarding the future price of Pi. It will depend on market dynamics once trading begins.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What is the future of the Pi Apps Platform?

The future of the Pi Apps Platform includes continuous expansion of the app ecosystem, integration of more advanced features, and enhancing user experience. It aims to support the growth of the Pi Network by fostering innovation and increasing the practical ...Read more

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What happens to unverified Pi after the KYC grace period?

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.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

Is it possible to sell Pi Network coins?

You cannot sell Pi Network coins (Pi) on external exchanges. The Pi Network is currently in the Enclosed Network phase of its Mainnet, which restricts the connectivity between the Pi blockchain and other blockchains or crypto exchanges.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

How does Pi Network support developers?

Pi Network offers an accessible developer platform that, combined with a large, identity-verified, and crypto-enabled social network, positions it to be a cornerstone of the next technological revolution.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What measures are in place to ensure the safety of DeFi on Pi Network?

Measures include rigorous testing of smart contracts, continuous monitoring of the network, implementation of security protocols, and adherence to regulatory compliance to protect users from fraud and ensure the integrity of financial transactions.

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Raju Kumar
Raju Kumar
Asked: 1 year ago

What are the two periods within the Mainnet phase?

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

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Raju Kumar
Raju Kumar
Asked: 1 year ago

How can I prepare for the Open Network period?

Ensure that you have completed the KYC process to migrate your Pi to the Mainnet. Stay updated with the latest announcements from Pi Network regarding the Open Network phase and any additional steps required.

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