#π #pi This project is something I encountered when I was still not involved in cryptocurrency, through a capital pool. I didn't expect that so many years later it could still go live on the mainnet. However, from the withdrawal steps, it appears that the officials are controlling the inflow of Pi coins to the mainnet, delaying the time for them to enter the mainnet.
The first step of withdrawal cuts 52.5% from the withdrawable balance, with the official reason being that the other 5 team members did not complete the second KYC.
The second step of withdrawal requires you to lock up your assets, and only by locking them up will you receive yield bonuses, which will also siphon off a portion of the assets entering the mainnet.
The third step of withdrawal is the second KYC, and the waiting time here is unknown.
The fourth step is to wait in the queue, and the waiting time here is also unknown.
The fifth step is that after successfully withdrawing to the mainnet wallet, you still need to freeze it for 14 days before you can transfer it to an exchange for trading.
Currently, I have been stuck for 5 days on the third step, and I have been stuck for 10 days on the fourth step with no progress at all, considering there are still 14 days of freezing ahead....