- PiBridge recently completed a brief maintenance on its withdrawal portal to improve user experience, with all services now restored.
- Meanwhile, Pi Network users are urged to complete KYC and migration steps by the November 30 deadline to secure their tokens and prepare for updates on the open mainnet roadmap expected in December.
The Pi Network community recently navigated a significant update, combining temporary service disruptions with crucial developments regarding the project’s mainnet migration process. Here’s a breakdown of what users need to know.
Temporary PiBridge Downtime
PiBridge, the decentralized finance platform bridging Pi Network with other blockchains, announced a scheduled maintenance for its Pi withdrawal portal on November 26. The brief service disruption aimed to “enhance service quality and ensure the best user experience.”
Withdrawals were temporarily unavailable, but the team completed the maintenance swiftly. Users can now access the withdrawal portal and other platform features without interruptions. In a message to the community, PiBridge expressed gratitude for users’ patience and reaffirmed its dedication to delivering a seamless experience.
Pi Network: Mainnet Migration Steps
While PiBridge resolved its technical issues, the broader Pi Network community faces critical deadlines. The team behind this ambitious project, which allows users to mine cryptocurrency on smartphones, emphasized the importance of completing all required steps for mainnet migration.
Initially, the Know-Your-Customer (KYC) verification deadline was set for September 30, later extended to November 30. However, KYC alone isn’t sufficient. Users must also:
- Set up and confirm their wallet.
- Sign the token confirmation agreement.
- Complete other migration checklist tasks.
The team highlighted the urgency of acting within the grace period. Failure to complete these steps could result in tokens being marked as abandoned, rendering them unusable.
What’s Next for Pi Network?
Despite being in development for over five years, the Pi Network is yet to officially launch its open mainnet or native token. Achieving these milestones hinges on 15 million users passing KYC. Encouragingly, only 1 million more users need to complete the process to reach this target.
Looking ahead, the community eagerly anticipates December updates, when the Pi Core Team is expected to reveal the roadmap for the open mainnet. While optimism is high, the project’s history of delays leaves room for caution.
Final Thoughts
For Pi Network enthusiasts, the recent updates underline the importance of staying proactive. Whether completing migration steps or preparing for potential developments in December, ensuring readiness is key to fully participating in the Pi ecosystem. Stay tuned for further updates as the project inches closer to its next milestone.
