Pi Network: Core Team Finally Addresses the Community
In a recent blog post shared via the Pi Network mining app, the Pi Core Team (PCM) broke its silence and provided key updates. The post detailed several important topics:
Mainnet Migration Roadmap & Priorities
The Core Team clarified the following points:
> “1. The migration process involves transitioning a network of tens of millions of users based on six years of complex mining data. This ensures accuracy, security, and fairness by filtering out fraudulent accounts. Unlike many crypto projects that perform simple airdrops, Pi’s process requires deep data consideration.
2. Over 12 million users have already been migrated—a significant achievement in terms of scalability—thanks to Pi’s integrated KYC and migration systems, which come at no fiat cost to users.
3. The target of 10 million migrated users was set to balance the network’s timely transition to the Open Network while ensuring widespread inclusion. It was always expected that some users would continue migrating after the Open Network launch.”
The migration is happening in phases:
Completing initial migrations for users in the queue
Conducting second-phase migrations including referral bonuses
Continuing periodic migrations
Pi Tokenomics & Supply Breakdown
> “The total maximum supply of Pi is capped at 100 billion tokens.
65% (65 billion) is allocated for community mining rewards
10% (10 billion) for the foundation’s reserves
5% (5 billion) for liquidity
20% (20 billion) for the Core Team”
Pi Mining Distribution Mechanism
The post also included a breakdown of how mined Pi is distributed among Pioneers, highlighting the structure and fairness of the mining model.
#PiCoreTeam
$ETH
$BNB