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On April 23, Pi Network officially published a blog detailing the mainnet migration roadmap and Pi tokenomics, emphasizing that fairness, security, and sustainable growth are the core priorities of the network's current work. Mainnet Migration Roadmap (Prioritized) 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 Periodic Migration Mechanism Launch 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 Core Values of the Project 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 states that it will continue to accelerate the migration process and recommends community members read the white paper to gain a deeper understanding of the mining model and economic mechanism. 🔗 View the complete white paper: https://minepi.com/white-paper

Due to the recent official website system update, PAWS officially announced that the token collection and voucher exchange period will be extended to April 25, 2025 to ensure that all users can complete the process fairly.Users can operate through the official platform PAWS Web. It is recommended that users who have not yet collected the relevant steps as soon as possible to avoid missing the deadline.