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According to the Pi Network project development team’s initial commitment, when miners perform the Pi locking step, they will receive a very attractive Pi locking reward, which will help you increase your mining speed. The longer the lock and the higher the lock ratio, the faster the mining speed will correspondingly be.

Data from the Pi Blockexplorer indicates that there are currently over 10.7 billion Pi that have been mined. Among them, more than 6.9 billion Pi have transitioned from the "testnet" state to the "mainnet" after users have completed identity verification (KYC), including over 1.7 billion Pi that have been unlocked, transferred to wallets, and can be traded, and more than 5.2 billion Pi that are locked according to the commitment of the miners and cannot be used for transactions.

It must be understood that the amount of Pi that is locked must ensure the time as committed by the users. The locking time will allow for options of 6 months, 1 year, or 3 years, meaning during this time the mined Pi will be locked according to the chosen locking ratio and cannot be used for buying, selling, or transferring Pi to others until the locking period ends.

However, users can choose the locking ratio and are not required to lock 100% of the amount of Pi currently in the Mainnet balance. For example, if a user chooses a locking ratio of 90% and has mined 100 Pi, then 90 Pi will be locked (corresponding to a 90% locking ratio) while the remaining 10 Pi will not be locked (corresponding to the remaining 10% unlocking ratio) and can be used for trading and exchanging even before the locking time ends.
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