🚨 Pi Network 🔥🚀
Pi Network is a decentralized cryptocurrency project launched in 2019 by Stanford graduates to enable mobile mining via the Stellar Consensus Protocol (SCP). Unlike traditional mining, it allows users to earn Pi tokens (PI) without high energy consumption.
Tokenomics Overview
1. Mining Mechanism: Users mine Pi by logging into the app daily. The mining rate decreases as more users join.
2. Roles in the Network:
Pioneers mine daily.
Contributors create security circles.
Ambassadors refer new users.
Validators verify transactions.
3. Supply & Distribution: Pi follows a halving model, with supply allocated to miners, development, and ecosystem growth.
4. Utility & Use Cases: Pi is expected to be used for transactions, in-app purchases, and marketplace trading.
5. Mainnet & Exchange Listings: Currently in a closed Mainnet phase, Pi tokens are not yet officially listed on major exchanges. External trading will be enabled after further decentralization and regulatory compliance.
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