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

Coinfomania
PI-9,66%

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 Begins Second Mainnet Migration Rollout

Pi Network has begun its second mainnet migration phase, allowing users to transfer more mined Pi coins to the blockchain. This updates users on KYC verification requirements, enhances security with two-factor authentication, and has elicited mixed reactions from the community as it progresses toward a fully active ecosystem.

Coinfomania23m ago

Pi Network Gains Attention in India Amid Utility Push

Pi Network, launched in 2019, introduced a mobile-first approach to cryptocurrency mining by allowing users to mine Pi Coin directly from their smartphones without requiring high computational power. The project reached a major milestone with the launch of its open mainnet in early 2025. This is en

Coinfomania3h ago

Pi Coin 86% Rally Reverses as Technical Signals Point to Further Decline

Pi Coin surged approximately 86% between February 28 and March 13, 2026, reaching nearly $0.30 before reversing sharply to trade near $0.20, as bearish divergence between price and the Relative Strength Index (RSI) signaled fading momentum.

CryptopulseElite7h ago

Pi Network Launches Second Migration of Smart Contracts, Technical Rebound Signals Emerge

Pi Network (PI) token closed at $0.1955 on Monday after declining for four consecutive trading days. Last week, Pi developers launched on-chain smart contracts through a v20 node upgrade and announced plans for a second mainnet migration. From a technical perspective, the PI price is currently stable near the 50-day EMA and the 61.8% Fibonacci retracement level, a position that has historically been associated with technical rebounds.

MarketWhisper9h ago

Pi Network Starts Second Migration: Here’s What You Must Do to Be Eligible

Pi Network has initiated second migrations, allowing Pioneers to transfer more Pi to Mainnet, enhancing wallet security with two-factor authentication. This update may positively impact Pi Coin's market price, currently just below $0.20.

CaptainAltcoin17h ago

Pi Network Efforts to Restructure Web3 Launch Platform — Price Action Shows Otherwise

Pi Network officially launched its first version of Pi Launchpad on Testnet with a unique token mechanism on March 16. While it signifies progress, the market response has been negative, with PI's value dropping by 8.9%. The impact on investor sentiment remains uncertain.

TapChiBitcoin21h ago
Comment
0/400
No comments