Pi Network: Mainnet Launch, Tokenomics, and Data Leak

Top 5 Facts about Pi Network: Tokenomics, Launch Price, Data Leak and More

The Pi Network, a decentralized digital currency, is set to launch its mainnet on February 20, 2025. As the launch approaches, here are the top five facts every user must know before investing.

Pi Coin Tokenomics

The total supply of Pi is capped at 100 billion tokens, allocated as follows:

• Mining Rewards (65%): Approximately 65 billion Pi are reserved for rewarding users who contribute to the network through activities like mobile mining, referrals, and running nodes.
• Ecosystem Building (10%): Around 10 billion Pi are set aside to support community initiatives, development of decentralized applications (dApps), and other ecosystem-enhancing projects.
• Liquidity Pool (5%): About 5 billion Pi are allocated to provide liquidity for transactions within the Pi ecosystem.
• Core Team Allocation (20%): The remaining 20 billion Pi are allocated to the Pi Core Team as compensation for their development efforts and ongoing maintenance of the network. This allocation is subject to a vesting schedule aligned with the distribution to the community.

As Pi Network approaches its mainnet launch, the Pi Core Team has not publicly disclosed the exact number of tokens to be unlocked at that time. As of December 2024, approximately 562 million Pi coins have been unlocked and are in circulation. Notably, a significant number of Pioneers (users who mine Pi using the mobile app) have chosen to lock up their tokens for extended periods, with many opting for a three-year lock-up.

Pi Network Was Accused of a Data Leak

In May 2021, reports emerged of a significant data leak involving approximately 17 gigabytes of personal information from around 10,000 Vietnamese citizens. The compromised data included identity card details, home addresses, phone numbers, and email addresses. The project, however, refuted these allegations. According to the project, a third-party service, Yoti, conducted its KYC processes. Yoti also claimed that Vietnamese identity cards were not stored on their servers. An internal investigation by Pi