Pi Network has attracted over 60 million participants and become a significant platform in the decentralized finance (DeFi) sector. With the launch of the Open Network, the project has begun functioning as a fully-fledged blockchain system, opening new opportunities for using Pi coins in real-world transactions and integration into decentralized applications (dApps).
PI Token Supply and Allocations
According to the original 2019 whitepaper, the total supply of PI tokens is 100 billion. Of these, 80 billion are intended for the community, including mining rewards and ecosystem growth incentives, while 20 billion are reserved for the development team and infrastructure maintenance.
Deflationary Mechanism
A core element of Pi's tokenomics is its deflationary mechanism. The mining rate decreases as the network grows, promoting scarcity and strengthening the value of Pi. By January 2025, the base mining rate had been halved several times, triggered by user growth milestones.
PI Tokenomics and Utility
With the launch of the Open Network, Pi has transitioned from a speculative currency into a functional asset that can be used on various exchanges. The platform aims to develop an ecosystem where users actively use Pi for goods and services, positioning Pi as a peer-to-peer system competing with traditional financial instruments.
Pi Network's tokenomics continue to evolve. Despite some criticism and questions regarding management and transparency, the project aims to expand the use of Pi and solidify its place among leading cryptocurrencies. Future success will depend on community adoption and trust in the system.
