billion tokens) is for the community’s mining rewards.
10% (10 billion) is set aside for the foundation.
5% (5 billion) is for liquidity needs.
20% (20 billion) goes to the Core Team.
And all of these track one thing: the pace of migrated Pi rewards.
So, if only a portion of the community has migrated, only that same portion of tokens across all allocations becomes active. This ensures nobody can get ahead without the community leading the way.
Even though all 100 billion Pi tokens were technically minted at genesis (because of how blockchains work), the usable supply at any given time—called the Effective Total Supply—only grows as Pioneers move to the Main net.
To calculate that real-time supply, they simply divide the total migrated rewards by 65%. The rest of the allocations—foundation, liquidity, and team—are then capped based on the same ratio