- KYC Deadline Extension
- Important for Users
- Enhancing Inclusivity
The Pi Network has announced an extension for its Know Your Customer (KYC) application deadline, moving it from September 30 to November 30, 2024. This change provides Pioneers additional time to submit their initial KYC applications during the ongoing 6-month Grace Period.
KYC Deadline Extension
The first deadline has been extended from September 30 to November 30, 2024. This allows participants more time to complete the KYC procedure.
Important for Users
The final deadline for completing the migration to Mainnet remains December 31, 2024. It is crucial for users to meet both deadlines, as missing them could result in losing most of their past Pi balance, except for the Pi mined in the last six months.
Enhancing Inclusivity
This extension aims to enhance inclusivity within the network, allowing more members to become eligible for migration. It also addresses issues where some Pioneers faced inaccuracies with their KYC timers, providing additional time to ensure everyone can fully participate.
By extending the KYC deadline, Pi Network shows its commitment to community engagement and the successful launch of its Open Network goals. This extension offers users the opportunity to secure their Pi balance and contribute to the network's growth.
