Jun 30
Jun 29
Mainnet migration is finally here!
Since the majority of the network can submit their KYC to get ready for their Mainnet migration, the network has begun the migration process to onboard KYC’ed Pioneers to the enclosed Pi Mainnet blockchain. As stated in the new draft chapters of the updated whitepaper released on December 28, 2021 (December Whitepaper), the current Enclosed Network period is specifically designed to allow millions of Pioneers to complete their KYC and transfer their Pi to the Mainnet, while the community focuses on creating utilities and bootstrapping the ecosystem without any external distractions through building and using new Pi apps, transitioning Testnet apps to Mainnet and completing and improving ecosystem infrastructure.
If you have passed Pi KYC, you can complete all the items on the Mainnet Checklist right now to enable the transfer of your mobile Transferable Balance to Mainnet. Please tap “Mainnet Checklist” on the home screen to complete your pre-migration requirements.
Once you finish Steps 1-6 of your Mainnet checklist, a new Step 7 will become available to you. Completing this final step enables the Mainnet transfer to be queued for migration. Pi Network has made cryptocurrency accessible worldwide, allowing Pioneers to mine Pi on the phone with no fiat cost. It is a great success of the community to come to a moment where the mined Pi balance is ready to migrate to Mainnet.
After the checklist is completed, the Pioneer’s Transferable Balance will be queued for transfer to their wallet address on the Mainnet blockchain.After the migration, there will be a 14-day pending period during which Pioneers’ Pi balance in their Mainnet wallet will not be transferable yet by the Pioneer, allowing the network to conduct additional checks or course corrections if necessary to clear the transfer. Given the immutable nature of blockchain and the early period of the network migration process, a 14-day pending period is helpful to make sure people’s migrated balances are correct. When the pending period expires, the Pioneer will then be able to use their Pi as they wish within the Enclosed Pi Mainnet.
Transferable Balance
The following portions of your Pi Mobile Balance will constitute your Transferable Balance, eligible for the migration to Mainnet. Keep in mind that any remaining or newly accrued Transferable Balance will continue to be migrated after the first migration because the network will continue to have a cadence of automatic, ongoing migrations later.
Self-mined Pi (which accrues when you mine by yourself based on the base mining rate at the time of the mining session)
Portion of the Security Circle rewards that are attributable to KYC’ed Pioneers in your Security Circle
Rewards from app usage, node operation, or lockup
Pi mined through Referral Team rewards will be put on hold for migration at this time regardless of whether anyone on the Referral Team is KYC’ed or not. Generally, portions of Referral rewards attributable to different Referral Team members will only become Transferable Balance once the corresponding members get KYC’ed. Otherwise, it remains as Unverified Balance in the mobile app. Because calculating the network's Referral rewards is computationally intensive and costly, it makes sense to compute such rewards when the network has more people KYC'ed. The reason that Referral Team rewards are computationally intensive is that it accounts for the concurrent mining of each specific Referring and Referred Pioneer pair, which can vary even within the same Referral Team. For the efficiency of the network, any Referral Team reward will, therefore, be processed and migrated at a later date when there are more KYC’ed Pioneers.
On the other hand, Security Circle rewards attributable to KYC’ed Pioneers will be transferred to Mainnet at this time. Keep in mind that the Transferable Balance displayed on the Mainnet screen in the Pi app does not currently include these Security Circle rewards. Therefore, the amount of Pi that migrates to Mainnet is expected to be higher than the currently displayed Transferable Balance if any member of your Security Circle has passed KYC. Future UI will update this displayed number to account for portions of Security Circle rewards that become transferable.
Finally, the KYC fee of 1 Pi will be deducted from your transferable balance, which will go to a validator pool for rewarding the Pi community's human validator workforce.
After the initial transfer to the Mainnet, Pioneers can continue to mine Pi just as before in the app by making different types of contributions. Newly mined Pi will go through the same process of becoming Transferable Balance, ready for the next Mainnet transfer which will occur automatically when the network activates it at a later time.
How do Lockups work on Mainnet?
While the locked up Pi based on a Pioneer’s lockup settings (percentage and duration) will be transferred to the Mainnet blockchain visible in the Pioneer’s Mainnet wallet, their locked up Pi will not be transferable on the blockchain until the lockup duration time matures. The lockup duration set by the Pioneer begins at the end of the 14-day pending period.
There is an additional design to the lockup durations for a potentially better network effect. The longer durations, namely 1 year and 3 years, will end on a randomized, staggered basis. This is to avoid the situation where many Pioneers get their future long-term lockups released at the same time, given that they will migrate to the Mainnet blockchain at the same time. Specifically:
Pioneers with a 1 year lockup can get up to a 1-month “discount” on their lockup period, meaning their lockup can expire up to a month early on a random basis. However, all Pioneers will still benefit from the mining reward applicable to the 1-year lockup period through their actual lockup period. For example, if a Pioneer locked up 100 Pi for 1 year, the actual lockup on the blockchain may be in 11 month and15 days based on this randomization, instead of exactly 12 months.
Pioneers with a 3 year lockup can similarly get up to a 3-month discount while still benefiting from the mining reward applicable to the 3 year lockup period.
The amount of discount will be applied randomly across Pioneers. For example, some Pioneers will have their 1-year lockup end a month early, some 20 days early, some 5 days early, some right at the 1-year mark, and so on. Even if the lockup ends a month early, the Pioneer will be able to accrue lockup mining rewards at the rate applicable to the 1-year lockup period through their actual lockup period of 11 months.
After your initial Mainnet transfer, the lockup setting for your next transfer—duration and percentage—will remain the same as your current one and will be applied to your future migrations automatically, unless you change these settings. You can adjust the settings anytime between any two transfers to the Mainnet—the saved changes will be applied to any next transfer to the Mainnet, and it will not affect any previous lockups already transferred. Please refer to the December Whitepaper for details on the lockup reward calculation.
Reminders about the Mainnet migration
As you go through this exciting activity, please remember two key points:
While completing the checklist, it is essential that Pioneers use their correct wallet private key, which they store safely and not share with anyone else. The wallet is noncustodial, meaning that the network cannot recover your Pi if you lose your private passphrase or someone with access to your private passphrase steals Pi from your wallet.
Once the 14-day pending period expires and you have freed up Pi on your Mainnet wallet, all transactions you conduct on the Mainnet blockchain will be visible and irreversible.
Pi KYC Accessibility
As announced previously, the network KYC process is making good progress, allowing more than half of all Pioneers to submit KYC applications (though it will still take time for the network to submit, process and complete these KYC applications). This fact enables the network to start migrating KYC’ed Pioneers to the Mainnet since migrating the entire network to Mainnet also takes time. Migrated Pioneers can then start helping to bootstrap and build the ecosystem in the Enclosed Period of the Mainnet, while the KYC process continues to scale to enable more Pioneers to go through KYC and process unprocessed applications that have been submitted.
We understand that many Pioneers are eagerly waiting for their turn or for their applications to be processed. Below are ongoing measures that will help more Pioneers pass KYC soon.
Technical funnel improvements to handle the application and validation of more and more Pioneers at scale
Human validation power to continue growing and bootstrapping more countries and regions
Reducing the chance of false negatives of the ongoing funnel to pass more KYC applications, and reprocessing some submitted applications that are supposed to pass but were previously marked as negative
Solutions for KYC applications that may miss critical data from previous applications, including some Yoti KYC applicants and some pilot Pi KYC applicants:
For previous Yoti KYC applicants — the Pi Core Team has deployed a special fast-track Pi KYC flow for them to fill in missing data. For some Yoti KYC applicants experiencing issues with this flow, an additional feature is being designed to address these corner cases
For previous KYC Pilot applicants — the Pi Core Team is currently building a reprocessing mechanism to match pilot applications with current KYC requirements, and a resubmission feature described below to essentially match the chances that current KYC applicants get when submitting their applications. For example, if a photo or video upload fails, current applicants would get multiple chances to resubmit, which was not possible in the pilot version of the KYC app
A new resubmission feature is being developed and will be released soon to enable previous Yoti KYC and KYC Pilot applicants to resubmit a brand new application and get unstuck, if they choose so and do not want to wait for the custom solutions mentioned above, since the current improved and scaled Pi KYC solution can potentially process new applications within a short time
A process to support Pioneers with complex name appeals, which create complications in processing their KYC and may require additional human Validator help to resolve
Please note that for certain countries or regions, due to the Pioneers’ unique way of accessing the Pi Network, it takes longer and more complex procedures for the Pi KYC machine automation component to process their accounts, thus leading to their delayed receipt of KYC slots. Therefore, it is possible that these countries or regions have slower KYC onboarding than other regions.
Overall, for Pioneers who are still waiting for their chance to submit KYC, please be patient as the network continues to scale the KYC solution and solve the corner cases that apply to you.
Importance of the Mainnet Enclosed Network Period
As stated in the December Whitepaper, the current Enclosed Network period is specifically designed to allow the Pi Ecosystem time to transition onto the Mainnet blockchain, while millions of Pioneers pass KYC and new apps and utilities are built by community developers.
Consistent with the vision of the Pi network to enable a utility-based ecosystem, the Enclosed period also allows apps to deploy on Mainnet and create utilities for Pioneers. Pi apps will be able to switch from Testnet to Mainnet, to production mode for real Pi transactions. Apps released during this period will include those created by community developers and the Core Team. Moreover, new and improved developer engagement programs—such as continuous Hackathons and other developer programs—will be released to mobilize and incentivize more community development.
Pioneers who are both KYC’ed and migrated will be able to spend their Pi on Pi apps, boosting utilities creation and bootstrapping the Pi ecosystem before the Open Network. Some of such Pi apps will soon be available for Pioneers after the pending period post-migration, while more Pi apps from the community will be gradually onboarded. This gradual and deliberate ramp to Open Network will also help the apps, as well as the Pi Network, to uncover and resolve any glitches in the market and the technology.
While transactions between Pi apps and Pioneers and Pioneer-to-Pioneer transactions are allowed within Pi Network, the Enclosed Network will have certain restrictions listed below until the Open Network period begins.
No external connectivity is allowed between Pi and other blockchains or crypto exchanges
Mainnet can only be accessed through the Pi Wallet and Pi apps on the Pi Browser
Monthly Mining Rate Adjustment Reminder
Remember that on July 1st, 2022, the base mining rate will change again as part of its monthly adjustment based on the rewards issuance formula released in March 2022. The new mining mechanism, effective March 14, enables Pioneers to boost their individual mining rate through diverse contributions, including Pi Lockups, App usage, Node operations, security circles, and referrals. Read the December Whitepaper for more details.
主网迁移终于来了！
由于大多数网络可以提交其KYC以准备其主网迁移，因此该网络已开始迁移过程，以将KYC的Pi Pioneers迁移到封闭的Pi Mainnet区块链。正如2021年12月28日发布的更新白皮书的新章节草案（12月白皮书）所述，当前的封闭网络周期专门设计用于允许数百万先驱者完成他们的KYC并将其Pi传输到主网，而社区则专注于创建实用程序和引导生态系统，而没有任何外部干扰，通过构建和使用新的Pi应用程序， 将测试网应用程序过渡到主网，并完成和改进生态系统基础设施。
如果您已通过Pi KYC，则可以立即完成主网上清单上的所有项目，以启用将移动可转让余额转移到主网上。请点击主屏幕上的“主网清单”以完成您的预迁移要求。
完成主网清单的步骤 1-6 后，将为您提供新的步骤 7。完成最后一步后，主网传输将排队等待迁移。Pi Network使加密货币在全球范围内可用，允许Pioneers在电话上挖掘Pi，而无需法定成本。社区取得了巨大的成功，到了挖矿的 Pi 余额准备迁移到主网的时刻。
清单完成后，先锋的可转移余额将排队转移到主网上区块链上的钱包地址。迁移后，将有一个14天的等待期，在此期间，Pioneers的主网钱包中的Pi余额将不能由Pioneer转让，允许网络在必要时进行额外的检查或路线更正以清除转移。鉴于区块链的不可变性和网络迁移过程的早期阶段，14天的等待期有助于确保人们的迁移余额是正确的。当待定期限到期时，先锋将能够在封闭的Pi主网中按照自己的意愿使用他们的Pi。
可转让余额
您的 Pi 移动余额的以下部分将构成您的可转让余额，有资格迁移到主网。请记住，任何剩余或新累积的可转移余额将在首次迁移后继续迁移，因为网络稍后将继续具有自动、持续迁移的节奏。
自开采 Pi（根据采矿会话时的基本采矿率自行开采时产生的 Pi）
安全圈奖励中可归因于安全圈中 KYC'ced 先锋的部分奖励
来自应用程序使用、节点操作或锁定的奖励
通过推荐团队挖掘的Pi奖励将在此时被搁置以进行迁移，无论推荐团队中是否有人是KYC的。通常，归因于不同推荐团队成员的部分推荐奖励只有在相应成员获得KYC'ed后才会成为可转让余额。否则，它将在移动应用程序中保留为“未验证余额”。由于计算网络的推荐奖励是计算密集型且成本高昂的，因此当网络有更多的人KYC时计算此类奖励是有意义的。推荐团队奖励在计算上是密集型的原因是，它考虑了每个特定推荐和被推荐先锋对的并发挖掘，即使在同一推荐团队中也可能有所不同。因此，为了网络的效率，任何推荐团队奖励都将在以后有更多的KYC'ed Pioneers时进行处理和迁移。
另一方面，归属于KYC'ed Pioneers的安全圈奖励将在此时转移到Mainnet。请记住，Pi 应用程序主网屏幕上显示的可转移余额目前不包括这些安全圈奖励。因此，如果您的安全圈的任何成员已通过KYC，则迁移到主网的Pi数量预计将高于当前显示的可转让余额。将来的 UI 将更新此显示的数字，以考虑可转让的安全圈奖励的一部分。
最后，1 Pi的KYC费用将从您的可转移余额中扣除，该余额将进入验证池以奖励Pi社区的人工验证员劳动力。
在初始转移到主网之后，先锋可以通过进行不同类型的贡献来继续像以前一样在应用程序中挖掘Pi。新开采的 Pi 将经历相同的过程，成为可转移余额，为下一次主网转移做好准备，该转移将在网络稍后激活时自动发生。
锁定如何在主网上工作？
虽然基于先锋锁定设置（百分比和持续时间）的锁定Pi将被转移到先锋主网钱包中可见的主网区块链，但在锁定持续时间到期之前，它们锁定的Pi将无法在区块链上转移。先锋设置的锁定持续时间从 14 天待定期结束时开始。
锁定持续时间还有一个额外的设计，可能会产生更好的网络效果。较长的持续时间，即1年和3年，将以随机，交错的方式结束。这是为了避免许多先驱者同时发布他们未来的长期锁定的情况，因为他们将同时迁移到主网区块链。具体说来：
锁定期为1年的先驱者可以在锁定期获得长达1个月的“折扣”，这意味着他们的锁定可以随机提前一个月到期。但是，所有先驱者仍将受益于适用于1年锁定期的采矿奖励，直到其实际锁定期。例如，如果一个先锋锁定了100 Pi 1年，那么基于这种随机化，区块链上的实际锁定可能是11个月和15天，而不是正好是12个月。
拥有3年锁定的先驱者同样可以获得长达3个月的折扣，同时仍然可以从适用于3年锁定期的采矿奖励中受益。
折扣金额将在先锋队中随机应用。例如，一些先驱者将提前一个月结束他们的1年锁定期，一些提前20天，一些提前5天，一些在1年标记处，依此类推。即使锁定提前一个月结束，先锋也能够通过其实际锁定期11个月，按照适用于1年锁定期的费率累积锁定采矿奖励。
在初始主网传输后，下一次传输的锁定设置（持续时间和百分比）将与当前设置相同，并将自动应用于将来的迁移，除非您更改这些设置。您可以在任意两次传输到主网之间随时调整设置 - 保存的更改将应用于下一次传输到主网的任何传输，并且不会影响任何先前已传输的锁定。有关锁定奖励计算的详细信息，请参阅 12 月白皮书。
有关主网迁移的提醒
当您经历这个激动人心的活动时，请记住两个关键点：
在完成清单时，Pioneers必须使用正确的钱包私钥，他们安全地存储该密钥，不得与其他任何人共享。钱包是非托管的，这意味着如果您丢失了私人密码或有权访问您的私人密码的人从您的钱包中窃取了Pi，则网络无法恢复您的Pi。
一旦14天的等待期到期，并且您在主网上钱包上释放了Pi，您在主网上区块链上进行的所有交易都将是可见且不可逆的。
Pi KYC 可访问性
如前所述，网络KYC流程正在取得良好进展，允许超过一半的Pioneer提交KYC申请（尽管网络提交，处理和完成这些KYC申请仍然需要时间）。这一事实使网络能够开始将KYC的先驱者迁移到主网，因为将整个网络迁移到主网也需要时间。然后，迁移的先驱者可以开始在主网的封闭期内帮助引导和构建生态系统，同时KYC流程继续扩展，以使更多的先驱者能够通过KYC并处理已提交的未处理的应用程序。
我们理解，许多先驱者正在急切地等待轮到他们或他们的申请得到处理。以下是正在进行的措施，将帮助更多的先驱者尽快通过KYC。
技术漏斗改进，以大规模处理越来越多的先驱者的应用和验证
人力验证能力持续增长，引导更多国家和地区
减少正在进行的漏斗的漏斗的假阴性通过更多KYC申请的机会，并重新处理一些应该通过但以前被标记为阴性的已提交申请
针对可能遗漏以前申请的关键数据的KYC申请的解决方案，包括一些Yoti KYC申请人和一些试点Pi KYC申请人：
对于之前的Yoti KYC申请人 - Pi核心团队已经部署了一个特殊的快速通道Pi KYC流程，供他们填写缺失的数据。对于一些遇到此流程问题的Yoti KYC申请人，正在设计一项附加功能来解决这些极端情况
对于以前的KYC试点申请人 - Pi Core团队目前正在构建一种再处理机制，以将试点申请与当前的KYC要求相匹配，以及下面描述的重新提交功能，以基本上匹配当前KYC申请人在提交申请时获得的机会。例如，如果照片或视频上传失败，当前申请人将有多次机会重新提交，这在KYC应用程序的试行版中是不可能的。
一个新的重新提交功能正在开发中，并将很快发布，以使以前的Yoti KYC和KYC试点申请人能够重新提交全新的申请并摆脱困境，如果他们选择这样做并且不想等待上述自定义解决方案，因为当前改进和扩展的Pi KYC解决方案可能会在短时间内处理新的申请。
支持具有复杂名称上诉的先驱者的流程，这在处理其KYC时会产生复杂性，并且可能需要额外的人工验证者帮助才能解决
请注意，对于某些国家或地区，由于Pi先锋队访问Pi网络的独特方式，Pi KYC机器自动化组件处理其帐户需要更长，更复杂的程序，从而导致他们延迟收到KYC插槽。因此，这些国家或地区的KYC入职速度可能比其他地区慢。
总体而言，对于仍在等待提交KYC机会的先驱者，请耐心等待，因为网络将继续扩展KYC解决方案并解决适用于您的极端情况。
主网封闭网络时期的重要性
如12月白皮书所述，当前的封闭网络周期是专门为允许Pi生态系统过渡到主网区块链而设计的，而数百万先驱者则通过KYC和新应用程序。实用程序由社区开发人员构建。
与Pi网络实现基于效用的生态系统的愿景一致，封闭期还允许应用程序在主网上部署并为Pioneers创建实用程序。Pi应用程序将能够从测试网切换到主网，切换到生产模式进行真正的Pi交易。在此期间发布的应用程序将包括由社区开发人员和核心团队创建的应用程序。此外，还将发布新的和改进的开发人员参与计划，例如持续的黑客马拉松和其他开发人员计划，以动员和激励更多的社区发展。
同时接受KYC和迁移的先驱者将能够在Pi应用程序上花费他们的Pi，从而促进实用程序的创建并在开放网络之前引导Pi生态系统。在迁移后的待定时期之后，一些这样的 Pi 应用程序将很快可供 Pioneers 使用，而来自社区的更多 Pi 应用程序将逐步加入。这种逐步和深思熟虑的开放网络也将有助于应用程序以及Pi网络发现和解决市场和技术中的任何故障。
虽然 Pi 应用与先锋之间的交易以及先锋到先锋之间的交易在 Pi 网络中是允许的，但在开放网络期开始之前，封闭网络将具有下面列出的某些限制。
Pi与其他区块链或加密交易所之间不允许外部连接
主网只能通过 Pi 浏览器上的 Pi 钱包和 Pi 应用程序访问
每月挖矿率调整提醒
请记住，在2022年7月1日，作为根据2022年3月发布的奖励发放公式进行月度调整的一部分，基础采矿率将再次发生变化。新的挖矿机制于3月14日生效，使先锋能够通过各种贡献来提高他们的个人挖矿率，包括Pi Lockups，App使用，Node操作，安全圈和推荐。阅读 12 月白皮书，了解更多详情。
