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Mainnet Migration and Decentralization Progress

Migration Progress: As of May, 20 million users have completed KYC verification, and 10 million nodes have migrated to the mainnet. The official closure of central nodes and plans to open source the code mark a step towards complete decentralization.

Circulation Restrictions: The mainnet is still in a "closed phase," and users cannot freely transfer tokens. The official prevents speculative manipulation by restricting circulation. The current circulation is 7.17 billion tokens, but most tokens are in a "locked on the books" state.