Pi Network Moves Toward Token Unlock With Palm ID and Governance Vote

Coinfomania
PI0,87%

Pi Network is entering a busy phase. The project is testing a new palm print login system. At the same time, the community is talking about a governance vote. On top of that, a large batch of Pi tokens is set to unlock in February. Together, these updates show that the network is working on security, user control and supply changes. Right now, users are watching closely and waiting for clear confirmation.

Palm ID Enters Beta Testing

Pi Network has started testing palm print authentication. This feature adds another layer to its KYC process. It checks that each account belongs to one real person. It also helps stop fake or duplicate accounts. The system uses biometric “liveness” checks. That means it can confirm the user is physically present.

Only a small group can see this feature for now. It appears during mainnet migration steps. The goal is simple. Pi wants stronger identity checks without hurting privacy. This move follows earlier face verification tools. Together, they aim to protect the network as more users move to mainnet. Many users see this as a sign of progress. It shows Pi is still building core systems. It also fits Pi’s long term plan for a verified Web3 economy.

Community Talks About Governance Voting

A separate post claims that Pi Network will hold a governance vote starting March 22, 2026. It says the event will last seven days. It invites users to help shape future decisions. But this information doesn’t come from the core team. It comes from a community account. So far, Pi Network has not confirmed this schedule

Some users doubt the timing. Others say it could match Pi’s goal of more user control. Governance voting is important. It lets users help guide the project. But until Pi makes an official announcement, this remains unverified. For now, it reflects community interest more than confirmed action.

February Brings the Largest Token Unlock

Data shared by Pi trackers shows that February will see the biggest token unlock so far. About 189 million PI tokens could enter circulation. This follows January’s unlock of around 134 million. These releases are part of a long schedule running from 2025 to 2027. The idea is to slowly add supply. This helps build real liquidity over time

Still, recent unlocks came with price pressure. More tokens mean more selling risk. Some users see this as a test. They believe utility must grow to match supply. Pi now has over 15 million migrated users and more than 200 apps. The unlock will show whether demand can hold.

What It Means for Pi Network

Together, these updates point to a transition phase. Palm ID shows a focus on trust and security. Governance talk hints at future user control. The token unlock tests real market strength. But only the palm authentication is official. The voting schedule for the new mainnet community governance remains unconfirmed. Furthermore, the recent token unlock data originates from third-party tracking tools rather than the core team. For now, Pi Network seems to be preparing its base. Specifically, it is building advanced identity tools like palm print authentication to streamline KYC. At the same time, it is unlocking supply and slowly pushing toward a more open system. Ultimately, the next few months may reveal how ready the ecosystem really is for full decentralization.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Pi Network Rolls Out Second Mainnet Migration Phase

The latest update from Pi Network introduces a second migration phase for its users, commonly known as Pioneers. This phase allows eligible participants to move additional Pi tokens into the mainnet environment, building on earlier migration efforts that primarily focused on initial token

Coinfomania4h ago

Coixa Applies for Pi Network KYB Certification, Expanding Ecosystem Compliance Services

Coixa Wallet has submitted a KYB authentication application to Pi Network. If approved, it will be able to provide compliant DeFi services within the Pi ecosystem. KYB authentication is an important verification mechanism for compliant platforms and helps enhance user trust. Currently, rumors have circulated regarding the transfer of billions of Pi tokens on Pi Network. Developers have clarified that this was an internal testing activity and there is no need for concern.

MarketWhisper9h ago

Pi Network Second Migration Opens, Analysts: Early Miners' Holdings Valued at $63,000

Pi Network launched its second token migration, enabling users to transfer more Pi coins from the testnet to the mainnet. Participation requires completing 2FA authentication and KYC verification. Analysts predict the potential value of 21,000 Pi held by early miners under different price scenarios, ranging from $4,200 to $63,000. This move faces real market tests.

MarketWhisper12h ago

Coixa Wallet Applies for Pi Network KYB Certification, Accelerating Ecosystem Utility Transformation

Pi Network ecosystem welcomes major development, with DeFi gateway Coixa applying for KYB certification to standardize operations and enhance network trust. Once approved, it will drive the Pi ecosystem's transformation into practical applications while meeting the latest project requirements, promising to provide users with more services.

GateNews03-24 07:37
Comment
0/400
No comments