Unverified and transferable PI: What happens after the deadline? Can pioneers still mine?
Here’s everything you need to know about PI KYC and Migration deadline and its potential impact on your mined PI coins after the deadline.
Unverified and transferable PI: What happens after the deadline? Can pioneers still mine?
Hello pioneers! In today’s article, we are going to discuss what will happen to our PI ecosystem after KYC and Migration deadline. It’s important to note that the Pi Network has set a final deadline of February 28, 2025, for all Pioneers to complete their Know Your Customer (KYC) verification and migrate their Pi balances to the Mainnet. If these steps are not successful before the deadline, it will definitely result in the forfeiture of most of your Pi balance, except for the Pi you mined in the last six months before you eventually migrate. If you later get the chance to complete KYC and migrate, only the Pi earned in that six-month period before migration will be retained. However, if you have already migrated Pi to the Mainnet, that balance is safe and will not be affected by the deadline. The forfeiture only applies to Pi that remains unverified (not KYC-approved) and not yet migrated before the deadline, and if you’re still in the migration queue before the February 28, 2025, dead…
About the author
Temmy Samuel is a seasoned journalist with extensive experience in consumer tech, economy, finance, business, money and politics. Currently, he’s studying Accounting at the Federal University of Oye-Ekiti.
