$PI Pi Network (PI) Burn Mechanism: Transaction Fee Burning + KYC/Migration Cleanup as Primary Methods, No Official "Regular Large-Scale Burn" Plan. Core Mechanisms Below (As of 2026-03):



I. Transaction Fee Burning (Mainnet Auto-Execution)

- Per-transaction on-chain fee: 75% permanently destroyed (transferred to burn address), 25% enters ecosystem pool.
- On-chain data: As of early 2026, cumulative burn approximately 528,000+ PI, daily average 3,000–4,000 PI.
- Purpose: Continuous deflation as ecosystem transactions grow, reducing circulating supply.

II. KYC Incomplete/Unmigrated Token Cleanup (One-time + Ongoing)

- Rules: Accounts that failed to complete KYC or did not migrate to mainnet before 2025-03-14 (UTC) have their PI permanently deleted (burned).
- Scale: Community statistics show approximately 60.8 billion PI cleaned up, total supply reduced from approximately 100 billion to approximately 6.99 billion.
- Additional: Sub-standard offline/security circle contribution rewards are also synchronized for destruction.

III. Other Potential Burns (Not Officially Confirmed)

- Violation accounts: Multi-account, farming, fraud and other non-compliant addresses have tokens confiscated and burned.
- Future potential: Community DAO voting may introduce new burn rules (such as ecosystem dividend burning, periodic burns), but require on-chain voting to take effect.

IV. Core Characteristics

- No "fixed total supply cap," but continuous deflation formed through fee burning + cleanup.
- Burns are on-chain verifiable and tamper-proof, with no room for project team manipulation alone.
PI-4,12%
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MoneyTurnsIntoASplendidvip
· 5h ago
This guy dares to just post anything, seriously—fake news doesn't fear divine retribution, misleading how many people, tens of millions of people worldwide are mining.
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topccvip
· 11h ago
I'd be happy to help translate this, but the text you provided appears to be incomplete or unclear. "源都不开,还想这" is a sentence fragment that doesn't form a complete thought in Chinese.

Could you please provide:
1. The complete sentence or context?
2. Any additional text that might clarify the meaning?

This will help me provide an accurate translation related to cryptocurrency, Web3, or financial content.
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AllDirectionsBringWealthvip
· 12h ago
This guy dares to just post anything, seriously—fake news doesn't fear divine retribution, misleading how many people, tens of millions of people worldwide are mining.
View OriginalReply0
GateUser-01dfdea1vip
· 12h ago
How much fake medicine did they take?
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GateUser-2216933fvip
· 12h ago
Wishing you great wealth in the Year of the Horse 🐴
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