Just reading today about $PI. Very strange protocol.

You mine it on your phone by solving Captchas once a day. There's a protocol-level "referral fee," so it has baked in on-chain MLM dynamics. And most interestingly of all, to move your mobile-mined coins to mainnet, you have to KYC your wallet, so presumably all mainnet accounts are KYC'd?

Lastly, you can get "boosts" to your mining rate by locking up your tokens for longer. 2x the tokens for a 3-year lock.

This is fascinating. It's now apparently a top 20 token, and I've never heard anyone talk about it.

Anyone have first-hand experience with it?