1. Roadmap for Pi's transition to Mainnet:
• Phase one: Completion of the transfer of pioneers in the waiting list, with core mining rewards, security circles, reservations, applications, and nodes (excluding referral rewards).
• Phase two: Transfer of referral rewards after team members pass KYC.
• Phase three: Regular periodic transfers (monthly or quarterly) including all rewards.
Note: The transferable balance in the app is only a preliminary estimate, and the actual transferred balance is calculated accurately.
2. Pi Tokenomics and Supply Mechanism:
• Maximum supply: 100 billion Pi distributed as follows:
• 65% for community rewards.
• 10% for the foundation reserve.
• 5% for liquidity.
• 20% for the core team.
• Actual supply: varies based on what has been transferred from rewards, and the ratios remain the same.
• All distributions are linked to the rate of mining reward transfers, to ensure transparency and fairness.
3. Mining Mechanism:
• Based on an Exponential Decay model.
• Rewards are calculated based on contributions to the network (security circles, applications, running nodes…).
• Each month has a maximum distribution limit.
• The core mining rate decreases over time.
Summary:
The Pi Network is committed to completing the transition for all genuine pioneers quickly and fairly, and the economic system aims to encourage active participation and sustainable growth.
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