This is called STAKING. Or if not staking by word, it's got the same mechanism. You can stake any token on the PoS type of block governance. It's no different on the PI blockchain. I'm not "defending" anyone, I'm trying to reason things out. I see too many people whining.

PI MIGHT END UP BEING A BIG SCAM 🚨🚨

You see PI pumping and people celebrating the price increase, but do you want to know something interesting? About 80% of people have their mined PI locked, some until 2028.

We Found an image on X with PI locked until 2028 🙂

75% of people who mined PI have their mined PI “UNVERIFIED” at the moment.

One of our frens here has about 1,600 PI migrated but locked until November this year, and by that time, PI might be down 50%–75% (OR NOT - NFA).

Now, what is the point of PI pumping when you can’t even sell your bags or take profit?

What is the point of holding 2,800 PI worth over $5,500 when you can’t even take $50?

A lot of people might not like this, but there is nothing wrong with dumping your bags after mining for 4–6 years, you are here to make money

For people buying PI now, what do you think will happen when the locked PI(s) start getting unlocked?

Also, the ongoing vote on Binance has nothing to do with Binance listing. If Binance wanted to get PI listed, they could, and they would have done that already.

Either way, we are open to positive changes and surprises—nobody has it figured out

If you believe PI is headed to $5 -> $10, Buy more