Pi Network Defends 100 Billion Coin Supply, Rejects Token Burning Plans

From its early days as a simple “Tap to Earn” experiment to its push toward an open-source future, Pi Network has come a long way. Now boasting over 60 million users worldwide, the project is preparing for wider adoption while firmly maintaining a total coin supply of 100 billion.

Many community members suggest burning at least $20 billion in tokens, but Pi Network isn’t doing this to reduce the supply.  

Let’s find out why.

Why Pi Network Chose $100B Supply

Pi Network chose a 100 billion PI coin supply to make sure the project can include people from all over the world, not just early adopters. A large supply means there will be enough coins for millions of users, both now and in the future, without making them too scarce or expensive. 

Most of these coins are reserved for the community through mining rewards, which will keep people engaged and contributing to the ecosystem for years to come. Meanwhile, the big supply makes it easier to use Pi coins for trading, buying things, and making new apps

Only a small portion of the 100B supply is in circulation right now, around 7.81 billion, with the rest released slowly over time as more people join and verify their accounts.

Why Pi Network isn’t Burning Tokens

Unlike some other cryptocurrencies, Pi Network doesn’t “burn” coins to make the total number smaller. Pi team suggests that reducing the supply to 20 billion, as some suggest, would raise prices too fast and shut out many new users, especially in developing countries.

Therefore, instead of permanently destroying tokens to control inflation, Pi relies on halving, gradually reducing mining rates, and strict KYC verification to manage the number of coins in circulation. 

This means that although the total supply is 100 billion, only an estimated 10–20 billion will be available on the open network in the early stages.

Coins for the Community First

Pi Network plans to put most of its coins in the hands of its users, which is around 80% of the supply. Out of the total supply, 65% goes to mining rewards for community members, 10% to local Pi-related organizations, and 5% to liquidity pools that keep the network running smoothly. 

The remaining 20% is for the team building the project. This approach aims to prevent “whale” dominance, where a few large holders control the majority of the currency.

34,57 k
21
Le contenu de cette page est fourni par des tiers. Sauf indication contraire, OKX n’est pas l’auteur du ou des articles cités et ne revendique aucun droit d’auteur sur le contenu. Le contenu est fourni à titre d’information uniquement et ne représente pas les opinions d’OKX. Il ne s’agit pas d’une approbation de quelque nature que ce soit et ne doit pas être considéré comme un conseil en investissement ou une sollicitation d’achat ou de vente d’actifs numériques. Dans la mesure où l’IA générative est utilisée pour fournir des résumés ou d’autres informations, ce contenu généré par IA peut être inexact ou incohérent. Veuillez lire l’article associé pour obtenir davantage de détails et d’informations. OKX n’est pas responsable du contenu hébergé sur des sites tiers. La détention d’actifs numériques, y compris les stablecoins et les NFT, implique un niveau de risque élevé et leur valeur peut considérablement fluctuer. Examinez soigneusement votre situation financière pour déterminer si le trading ou la détention d’actifs numériques vous convient.