Pi Network, the blockchain-based digital currency platform, has introduced a countdown timer urging users to complete the migration of their referral team members before the grace period expires. Currently, with just 20 days left on the clock, the countdown serves as a stark reminder for members to act swiftly or risk losing out on valuable bonus Pi attributed to their team’s mining contributions.
This deadline comes as part of Pi Network’s ongoing transition to its mainnet, a critical step that will unlock the full utility of Pi coins, including the ability to trade, use, and transfer them. However, users must ensure that their referral teams are fully migrated to the mainnet before the countdown expires. Failure to meet this deadline will result in the forfeiture of bonus Pi from the mining efforts of their teams, potentially costing users significant amounts.
One user has claimed that they stand to lose as much as 3,152 Pi if their referral team members fail to migrate before the grace period ends. This has heightened the urgency for Pi Network participants to encourage their referrals to complete the migration process, ensuring they retain the rewards from their collective mining efforts.
That means I am losing 3152 pi pic.twitter.com/Dzgah9Caop
— DJ Gabana🇳🇬🇬🇭 (@JujuDexter1) January 10, 2025
The introduction of the countdown timer serves a dual purpose: it adds a sense of urgency while incentivizing active participation from users. By prompting them to invite and engage new miners, Pi Network hopes to boost overall mining rates and ensure a smooth transition to the mainnet.
Also Read: Is Pi Network’s Mainnet Launch Worth the Wait? Delays, Stats, and What Pioneers Can Expect in 2025
As the clock ticks down, Pi Network members are feeling the pressure to act quickly. With the full potential of Pi coins on the horizon, the need to finalize these migrations has never been more critical.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.