Hello,Pioneers 👊👋

Completion of the First Migration Round (Initial Queue)Contents being processed include:

💢Base mining rewards (verified)

💢Security circle rewards (verified)

💢Lock-up rewards

💢Rewards for using the Pi app

💢Node operation rewards (for some Pioneers)

💢Initiation of the Second Migration Round (Referral Rewards)

Includes referral mining rewards generated by members who have completed KYC.

Will transition to monthly or quarterly periodic migrations in the future, covering all reward types.

Note: The "Transferable Balance" in the UI is only an estimate. The actual migration amount depends on complex mining data calculations over the years, and the actual amount of Pi transferred may exceed what is shown in the UI.

Pi Tokenomics & Supply Mechanism

Maximum Supply:

🚨 100 billion Pi

🚨65%: Community mining rewards

🚨20%: Core team

🚨10%: Foundation reserves

🚨5%: Liquidity support

All allocations dynamically grow according to the "migrated mining rewards" ratio, maintaining consistent total supply distribution. All tokens were minted in the genesis block but are released in phases according to the migration progress.

Mining Mechanism: Exponential Decay Model.

Monthly output is controlled by the system's **Base Mining Rate**, which decreases over time.

Reward distribution is related to personal contribution, including:

💥Joining security circles

💥Using the Pi app

💥Node operation

💥Referral mining

All types of rewards are calculated by multiplying the base mining rate by different multipliers.

Fairness: Complex verification eliminates cheating, ensuring the interests of real users.

Security: Independently built KYC and zero fiat cost migration process.

Growth: A deflationary incentive model oriented towards user participation.

Community-Driven: All rewards are linked to actual contributions, promoting genuine participation.

Pi Network forever 💜 #pi #PiCoreTeam #picoin