i dont understang what for mining? if 15 years ago mining is the way to bring bitcoin to world becuse IMF is fk.. but in 2020 after evm launching? why need this?

Commit Pi Lockup Configuration Meaning!

Starting March 14th, 2022, if you locked all or just a portion of the Pi Transferable Balance, you have made a binding commitment. The said Pi balance can not be moved to the Available Balance in Pi Wallet until the timer runs out. It can be migrated to the Pi Wallet but remains in the Lockup function until the maturity date passes.

Even if you change the lockup rates or time bar after the lockup takes effect, nothing will happen to the current Pi lockup amount or timer.

Please read this quote from the Pi app, Migration Checklist:

"You can voluntarily commit to lock up a portion of your Transferable Balance for a boosted mining rate, effective March 14, 2022. The Lockup configuration is binding upon commitment, so the amount and duration of the Lockup cannot be changed before your first Mainnet transfer.

Note: Pioneers must commit to a Lockup setting to be eligible for Mainnet Migration, even if they decide not to lock up any Pi."

#PiNetworkMainnet #PiNetworkkyc #PiNetwork