Summary
- Pi Network has revealed its comprehensive Mainnet migration plan for tens of millions of users
- Unlike typical crypto airdrops, Pi’s migration is based on audited mining data with anti-cheating protections
- Over 12 million users have already been successfully migrated to the Mainnet
- The migration follows three strategic phases: First Migrations, Second Migrations, and Periodic Migrations
- Pi’s tokenomics allocates 65% of the 100 billion maximum supply to community mining rewards
The Road to Mainnet: A Milestone for Digital Currency Accessibility
In a significant move that cryptocurrency enthusiasts have been eagerly awaiting, Pi Network has finally revealed its detailed Mainnet migration roadmap. This announcement marks a critical evolution for the mobile-mining cryptocurrency project that has amassed tens of millions of users globally over the past six years.
Unlike the instantaneous airdrops common in the crypto space, Pi Network has opted for a methodical approach to migration, prioritizing fairness and security. The process leverages audited mining data and implements robust protections against potential exploitation.
Migration Strategy: A Three-Phase Approach
The migration roadmap unfolds across three strategic phases:
First Migrations
The initial phase focuses on users already in the queue with verified base mining rewards, Security Circle rewards, lockup rewards, utility app usage rewards, and confirmed Node rewards.
Second Migrations
Once the first phase concludes, the network will proceed to migrate referral bonuses. These bonuses are only awarded when referred team members successfully complete KYC verification.
Periodic Migrations
The final phase transitions to regular migration cycles—monthly or quarterly—gradually transferring all outstanding rewards and bonuses to users’ Mainnet wallets.
Understanding Transferable Balance
Pi Network has clarified that the “Transferable Balance” displayed in the app is merely a simplified calculation to reduce computational demands. The actual amounts transferred to Mainnet wallets often exceed initial calculations due to comprehensive analysis of years of mining activity and accumulated rewards.
Tokenomics: Balancing Community and Sustainability
Of the maximum 100 billion Pi supply, the tokenomics follows a thoughtfully designed distribution:
- 65% reserved for community mining rewards
- 10% allocated to the foundation
- 5% designated for liquidity
- 20% set aside for the Core Team
These reserves increase proportionally with migrated Pi to maintain fairness and balance within the ecosystem.
The Future of Pi Mining
Mining rewards in the Pi ecosystem follow a declining trend over time, incentivizing early participation while ensuring long-term sustainability. Users can maximize their rewards through Security Circles, utility apps, and Node operation, with all rewards tied to a gradually decreasing base rate.
As Pi Network continues its Mainnet migration with transparency and user-centricity, it demonstrates a commitment to building a sustainable and decentralized digital currency ecosystem accessible to everyone.