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As of October 6, 2024, Pi Network's tokenomics are structured to promote stability, user rewards, and sustainable ecosystem growth. Here's a detailed breakdown:
Total Supply: 100 billion Pi tokens
Distribution:
Community Allocation (80%): 80 billion Pi
Mining Rewards (65%): 65 billion Pi allocated for users who mine Pi through the mobile app, participate in referrals, and operate nodes.
Ecosystem Development (10%): 10 billion Pi reserved for community initiatives, development of decentralized applications (dApps), and other projects that enhance the ecosystem.
Liquidity Provision (5%): 5 billion Pi set aside to ensure smooth transactions within the Pi economy.
Core Team Allocation (20%): 20 billion Pi designated for the Pi Core Team, with a vesting schedule aligned with community distribution to ensure long-term commitment and network development.
Circulating Supply: As of late 2024, approximately 562 million Pi tokens are in circulation, with many users opting to lock their tokens for extended periods, some up to three years, potentially impacting price stability upon mainnet launch.
This structured tokenomics model aims to balance scarcity with accessibility, ensuring fair distribution while incentivizing user engagement and sustainable ecosystem growth.
#PiCoreTeam #BinanceSquareTalks #PiNetworkMainnet #FlowTraders
Total Supply: 100 billion Pi tokens
Distribution:
Community Allocation (80%): 80 billion Pi
Mining Rewards (65%): 65 billion Pi allocated for users who mine Pi through the mobile app, participate in referrals, and operate nodes.
Ecosystem Development (10%): 10 billion Pi reserved for community initiatives, development of decentralized applications (dApps), and other projects that enhance the ecosystem.
Liquidity Provision (5%): 5 billion Pi set aside to ensure smooth transactions within the Pi economy.
Core Team Allocation (20%): 20 billion Pi designated for the Pi Core Team, with a vesting schedule aligned with community distribution to ensure long-term commitment and network development.
Circulating Supply: As of late 2024, approximately 562 million Pi tokens are in circulation, with many users opting to lock their tokens for extended periods, some up to three years, potentially impacting price stability upon mainnet launch.
This structured tokenomics model aims to balance scarcity with accessibility, ensuring fair distribution while incentivizing user engagement and sustainable ecosystem growth.
#PiCoreTeam #BinanceSquareTalks #PiNetworkMainnet #FlowTraders
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