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Cryptocurrency News Articles

Pi Network Extends Grace Period to March 14, 2025, at 8:00 am UTC

Mar 06, 2025 at 06:04 pm

In a significant update, Pi Network has announced a final extension of its grace period to 8:00 am UTC on March 14, 2025

Pi Network Extends Grace Period to March 14, 2025, at 8:00 am UTC

Pi Network has announced a final extension of its grace period to 8:00 am UTC on March 14, 2025, the network’s 6th anniversary.

The extension aims to maximise participation as it will allow Pioneers more time to complete their Know Your Customer (KYC) process and migrate their Pi to the Mainnet.

Crucially, the extension also marks the final deadline, after which pioneers who have not completed the required steps will forfeit their past mobile balances.

The Grace Period, previously extended multiple times, is crucial for maintaining a real, verified, and decentralised network.

Pioneers who joined early and became inactive will have the opportunity to return and complete the KYC process, and for early testers who have not yet migrated their Pi, the extension provides ample time to do so.

The extension reflects Pi Network’s commitment to inclusivity and accessibility, offering early members a chance to rejoin the network.

“We want to ensure that everyone who started their Pi journey early has a chance to continue it,” said the Pi Network team.

“We are extending the Grace Period one last time to 8:00 am UTC on March 14, 2025, which coincides with the 6th anniversary of Pi Network.”

After this date and time, the special migration rates and opportunities will no longer be available.

The network has also announced that it will be moving into a new phase with the launch of its Open Network.

Original source:fortuneindia

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