‼️Very Important‼️

Your Pi currency will have two values: 1 Pi = 314159 USD in the main ecosystem of the Pi Network, and 1 Pi = Pi price in exchanges.

Explain this in detail based on the programming document (documentation) on the Pi applications/store.

✅ 1 Pi = 314159 USD is the value of Pi from your contribution (mining, referral, security circle, node operator, locking Pi, and exploring the ecosystem in the Pi browser). The mining encryption algorithm and AI will discover it. GCV applies throughout the main ecosystem of the Pi Network.

✅ The price of Pi in the exchange is a spot price according to supply and demand in the market, valid across all exchanges that have obtained KYB. Each exchange has an API code to connect to other applications or decentralized applications in the ecosystem.

How does it work? ⏩ The value of 1 Pi = 314159 USD is applied in the main ecosystem of the Pi Network, based on the results of pioneer contributions.

⏩ For example, the price of Pi in the OKX exchange market today is 1 Pi = 1 USD. When used for shopping via decentralized applications, the system will know whether your Pi is from OKX or Bitget or MEXC, etc., based on the API code for each exchange. Suppose you bought a luxury car for 314159 USD on one decentralized application; you will need 314159 Pi that you bought from exchanges. If you used Pi from contributions, you would only pay 1 Pi.

🛑 Why can Pi have two different values? The main purpose of listing Pi on exchanges is to expand its use. Any new user who owns Pi through exchanges must register as a pioneer, which means they must meet KYC and AML (Anti-Money Laundering) requirements to participate in the main ecosystem of the Pi Network and be able to mine Pi and make other contributions to achieve 1 Pi = 314159 USD. If they do not register, they can only use Pi according to the market price in exchanges as an ordinary user. Only the results of Pi contributions in the ecosystem have GCV value.

‼️Is it safe to transfer Pi from exchanges to the Pi wallet? It is very safe because the system will distinguish between results from Pi contributions and coins purchased from exchanges. Each exchange has its own API code to facilitate its discovery in the system. Your Pi wallet will display the amount of Pi contribution rewards and coins purchased from exchanges (non-contribution). What if you bought Pi that was mined by other pioneers? The same, it will be calculated according to the market price.

🟣 What about companies, organizations, and institutions that wish to adopt Pi? These companies will manage their own nodes to earn Pi contribution rewards (GCV), and they can purchase Pi from exchanges like other users. CT will also facilitate this process through various programs, for example: Pi Network Ventures.

🤗 CT will select some major exchanges to facilitate Pi exchanges for fiat currencies based on the value of GCV, adhering to daily exchange limits. These exchanges will be part of the main ecosystem of the Pi Network (perhaps the Pi Bank). To purchase goods and services in the ecosystem, there is no daily limit on Pi, and it all depends on the ability of decentralized applications to meet the needs of pioneers.

🤗 Don't worry about the whales who own 300 million Pi in exchanges. If the market price is 1 Pi = 1 USD, it means they have 300 million USD in assets, which is equivalent to 955 Pi from your contributions. The more whales that own Pi from exchanges, the happier I am, because Pi will become more scarce. 😁😁

💯 Only Pi from your contributions equals GCV. Save this post to clarify it to all Pi users who don't understand and all GCV ambassadors who are lost. Understanding GCV only requires intention and humility, not a book of articles heavier than our sleeping pillows. 😄😄

Pi from your contributions is a treasure, keep it safe in your Pi wallet. Let's focus on building the ecosystem. You will feel fairness when the time comes. Coming..🤗🤗$BNB $pi, --$BNB #BinancelaunchpoolHuma #BTCBreaksATH110K #MerlinTradingCompetition