Pi Network Drops Big Update on Pioneers and Second Migration

Pi Network’s Core Team, which has come under serious criticism as of late, has just updated on the number of users who have completed the second migration of their balances. As with similar posts on X before, though, the community was quick to pick up on the statement and lash out at the lack of actual progress.

Key takeaways

Quick scan — what you need to know:

• Pi Network’s Core Team, which has come under serious criticism as of late, has just updated on the number of users who have completed the second migration of their balances.
• As with similar posts on X before, though, the community was quick to pick up on the statement and lash out at the lack of actual progress.
• 119K and Counting Recall that the team made several major announcements on Pi Day (March 14), ranging from protocol updates to the highly anticipated second migrations.
• The process began on that day and continues with a gradual rollout.

Background

What led here, in plain terms:

• The idea is to allow Pioneers to bring additional Pi to Mainnet and “further participate in the ecosystem.” Those who have already migrated their token balances once may now be eligible…
• Second migrations also include referral mining bonuses attributable to Referral Team members who have completed KYC fully.
• The new update from the team, published a few hours ago, indicated that almost 120,000 users have completed second migrations of their transferable balances, including their referral mining bonuses,…
• Over 119,000 Pioneers have completed second migrations of their transferable balances so far, as the gradual rollout continues.

Why it matters

Why readers and decision-makers should care:

• Others also asked why the process is taking so much time, and questioned the status of tentative KYC, in which they are reportedly stuck for months or even years.
• There were even a few users claiming that they had not received any updates on the first migrations.
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