Pi Network is a globally accessible online blockchain ecosystem using “Pi” – a new cryptocurrency that you can “mine” on your phone for free. Cryptocurrencies are digital money maintained by a community rather than governments or banks. You can mine ...Read more

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.

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.

Pi Network is building a peer-to-peer ecosystem where members can spend Pi to buy goods and services. After passing KYC and migrating your Pi balance to Mainnet, you can use Pi within the enclosed network. The Open Network period will ...Read more

During the pre-Mainnet phases, Pi Network focused on driving network growth and widely distributing Pi to bootstrap participation. The mining mechanism incentivized Pioneers to form Security Circles, crucial for the network’s consensus algorithm.

To start mining Pi:Download the Pi Network app from the iOS App Store or Google Play Store. Register using your phone number or Facebook account. Enter the invitation code “officialrajukumar” to join the network. Start mining Pi by tapping the lightning button every ...Read more

Participate authentically and actively. Exercise consideration and respect in speech and actions. Attempt collaboration before conflict. Refrain from demeaning, discriminatory, or harassing behavior and speech.

The Pioneer Base Mining Rate is the foundation of how Pioneers earn Pi through mining in the Pi Network. It includes the system-wide base mining rate (B), Security Circle rewards (S), and a new component called the lockup reward (L). ...Read more

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.