Pi Network mainnet migrations top 10.94 billion Pi, with 57% locked

Pi Blockexplorer shows 10,941,741,023.614 Pi in migrated mining rewards and 16.83 billion Pi in effective total supply as future unlocks remain a key supply metric.

PI

Summary

Pi Network has moved more than 10.94 billion Pi in mining rewards to mainnet, marking a new milestone in its token migration process. Pi Blockexplorer lists migrated mining rewards at 10,941,741,023.614 Pi, matching the network’s circulating supply in the latest mainnet metrics. Of that total, 6,215,171,562.245 Pi is locked, while 4,726,569,461.369 Pi has been unlocked, leaving roughly 57% of migrated mining rewards under lockup. Lockups restrict access to tokens for a selected period, a mechanism that can slow the amount of supply becoming immediately usable. Pi Blockexplorer also shows an effective total supply of 16.83 billion Pi. Under Pi Network’s tokenomics (rules governing token supply and allocation), Pi has a maximum supply of 100 billion tokens, with 65% allocated to community mining rewards. The latest migration milestone adds to the project’s broader mainnet expansion after the network earlier this year reported more than 16 million Mainnet migrations and said its second migration rollout had started moving additional eligible Pi balances onto the blockchain. With more than 6.2 billion Pi still locked, future unlocks remain an important supply metric to watch as the migration process continues.

Terms & Concepts
  • mainnet: A live blockchain network in operation.
  • lockup: A period when tokens cannot be accessed or moved.
  • tokenomics: Rules governing a token’s supply and distribution.