Feed-Me-Creativity01

Commit Pi Lockup Configuration Meaning!

Starting March 14th, 2022, if you locked all or just a portion of the Pi Transferable Balance, you have made a binding commitment. The said Pi balance can not be moved to the Available Balance in Pi Wallet until the timer runs out. It can be migrated to the Pi Wallet but remains in the Lockup function until the maturity date passes.

Even if you change the lockup rates or time bar after the lockup takes effect, nothing will happen to the current Pi lockup amount or timer.

Please read this quote from the Pi app, Migration Checklist:

"You can voluntarily commit to lock up a portion of your Transferable Balance for a boosted mining rate, effective March 14, 2022. The Lockup configuration is binding upon commitment, so the amount and duration of the Lockup cannot be changed before your first Mainnet transfer.

Note: Pioneers must commit to a Lockup setting to be eligible for Mainnet Migration, even if they decide not to lock up any Pi."

#PiNetworkMainnet #PiNetworkkyc #PiNetwork

There are so many scarecrow opinion pieces lately about Unverfied Pi Balance!! Most are saying that everyone will lose the entire sum cumulatively gathered from security circle and referrals that have not verified their KYC (know your customer) but also from lock-up boosts.

The Unverfied Balance in Pi is made out of more than one thing. Pi mined together with referrals/security team, bonuses from being a pioneer and up, and the boosts from lock-ups at the first mainnet migration.

What will be lost from the Unverfied Balance are the Pi for which referrals and security circle members won't pass the KYC before the next mass migration to mainnet. With the exception of the last 6 months before this migration.

So the boosts and bonuses you mined yourself will be safe, and once the Core Team has finished putting the Unverfied Balance feature in order, everyone will gain access to the Pi available there.

#PiNetworkMainnet #PiNetworkkyc #PiNetwork

Wish list post for crypto coins

This is just my wish list for the following crypto coins to reach 2 cents:

$PEPE
$FLOKI
$BTTC
$SHIB

All 🪙 should reach highs that I can't even dream of, but that happens only in dreams. Do not take this as a prediction, just wishful thinking!

#crypto #PEPE‏ #SHİB #FLOKİ #BTTC

Pi Base Rate Reduced Once More

The base rate to mine Pi has been reduced to 0.0029 Pi/hour. This makes a 24-hour mining session to 0.696 Pi per day.

This is, in my opinion, another sign that we're in the last chance for Referral and Security Circle Members that have either not verified their identities (KYC) or completed the initial Mainnet Migration process to do so. This is a speculation on my part, true.

Tried to find new information about this new mining base rate on the Pi and Pi Browser apps, but couldn't so I made this speculation.

#PiNetworkMainnet #PiNetwork

UNVERFIED PI WILL NOT BE BURNED!!!

According to Pi Network's White Paper, Unverfied Balance will not be burned. It will be redirected back into the mining pool!!

Read the below quote:

New Whitepaper chapters
The Effect of KYC on Mainnet rewards

"If Pioneers do not pass KYC in time, it delays the Mainnet transfer of their balances and the balances of other Pioneers who have them on their Security Circles and Referral Teams. Without balances on the Mainnet, Pioneers are not able to use payments in Pi apps, thereby undermining the growth of our utility-based ecosystem. A six-month window creates a sense of urgency for Pioneers while giving them adequate time to retrieve their mined Pi. The KYC verification process will generally take into account Pioneers’ likelihood of being real human beings based on Pi’s machine-automated prediction mechanisms run over the last three years. Newly created accounts will not be able to immediately apply for KYC verification, until after 30 days. This helps the network limit the ability of bots and fake accounts to spam and abuse our KYC process and prioritize KYC validation resources for real human Pioneers.

Finally, the lost Pi of the Pioneers who delay KYC verification beyond six months will not be transferred to the Mainnet and will not be accounted for in the calculation of the systemwide base mining rate (B) beyond the rolling six-month KYC grace period. Pioneers will, therefore, need to claim their Pi in time, or their lost Pi will be reallocated to B for mining in the same year by other verified Pioneers who can make full contributions to the network."

The Pi that can not be verified because the referral team or security circle didn't verify their KYC will not be burned!!!

#PiNetworkMainnet #PiNetworkkyc #PiNetwork

RIP Kabosu. 😢

At the age of 18, the Doge Dog is dead! The dog that is the inspiration for the $DOGE coin has recently died.

As a commemorative act, I purchased a few DOGE coins and will keep them to remind myself where I started. The DOGE coin is one of the first crypto coins I ever purchased, just before the 2021 bull run.

Rest in peace, you had a good life, Kabosu!

Please note that this is not financial advice.

Hi everyone, I am not an expert on trading, I just dabble (tipping my toe) in this as an amateur.
I invested in coins like BNB, ADA & XLM, and others at first. As time went by, I also tried to invest in coins that are more appealing to the younger generation: $PEPE , $SHIB , and $BTTC
I would like to continue to do so. This is why i have not sold my stock of crypto coins, but as the market is right now, I am unsure if it's financially responsible.
Do you have any advice for beginners like me?
#amateur #beginner #cryptoadvices