🚨The Pi Core Team has finally addressed key concerns in a blog post on the Pi Network mining app, offering transparency on critical issues:

Mainnet Migration Roadmap:

They emphasized that migrating tens of millions of users is a complex process, unlike standard airdrops in other crypto projects. It involves handling six years of mining data to ensure fairness and prevent cheating. So far, over 12 million users have been successfully migrated, demonstrating impressive scalability without any fiat cost to users. The target for moving to the Open Network was set at 10 million migrations, but the team acknowledged that some users would still need to migrate afterward. The migration process includes:

Completing initial migrations for queued Pioneers

Processing second migrations (e.g., referral bonuses)

Conducting ongoing periodic migrations

Pi Tokenomics & Supply:

The total maximum supply of Pi is 100 billion tokens, divided as follows:

65% for community mining rewards

10% for foundation reserves

5% for liquidity

20% for the Core Team

Mining Mechanism:

The blog also provided clarity on how mined Pi is distributed among Pioneers, reinforcing the platform’s commitment to transparency.

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