Pi Lockup Configuration Explained

Starting March 14, 2022, if you locked up all or part of your Pi Transferable Balance, you made a binding commitment. This means the locked Pi cannot be transferred to your Available Balance in the Pi Wallet until the lockup period ends. While the locked Pi can be migrated to the Pi Wallet, it will remain under the Lockup function until its maturity date.

Once the lockup is in effect, changing the lockup rate or duration will not affect the current locked amount or timer.

Here’s an important note from the Pi app Migration Checklist:

"You can voluntarily commit to locking 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 choose not to lock up any Pi."

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