Ecosystem Directory Staking Visualization Update: Staking Pi to support and promote Pi apps and utilities in the ecosystem

Ecosystem Catalog Staking Visualization Update: Staking Pi to support and promote Pi apps and utilities in the ecosystem Pi Network Description: A cryptocurrency project on your phone 1. What is Pi Network? Pi Network is a mobile-first cryptocurrency and developer ecosystem project. It aims to allow ordinary users to "mine" (or, more accurately, earn) the cryptocurrency Pi through their smartphones, thereby enabling wider popularity and access to cryptocurrency. 2. Core operating mechanism 1. The simple "mining" process requires no hardware: Unlike Bitcoin mining, which requires expensive mining machines and high energy consumption, Pi Network allows users to prove their existence and contribution by clicking buttons in the application every day. Mobile phone earning: This process does not consume the phone's power or data, nor does it damage the battery. It is essentially a reward for users to earn Pi coins by contributing to their social trust network. 2. Roles and security circles Pi Network's security mechanism is based on the user's trust network: Pioneer: an ordinary user who logs in every day and clicks to earn Pi coins. Contributor: Enhance the security of the network by building a **"Security Circle"** composed of 3-5 people they trust, and receive additional Pi rewards for this. Ambassador: A person who invites new users to join the network. 3. Development stage (currently in a closed mainnet) The development of Pi Network is usually divided into three main stages: Phase 1 (Beta): application launch and user growth. Phase 2 (Testnet): Test network, node software operation and developer testing. Phase 3 (Mainnet - Mainnet): Currently in the partially open Mainnet (Closed Mainnet) stage, Pi coins can be used in applications and services within the Pi ecosystem at this stage, and KYB authorizes external cryptocurrency exchanges for transactions. 3. Key features and goal popularity: The goal is to build a cryptocurrency that is friendly to everyone and easy to access. Ecosystem: Developers are encouraged to use the Pi SDK to build decentralized applications (dApps) on the Pi blockchain to form a "Pi ecosystem", such as Pi Browser, Pi Wallet, etc. KYC (Know Your Customer): In order to migrate from a closed mainnet to an open mainnet, users must complete KYC verification to confirm their identity and prevent fake accounts and bots. 4. Important reminder (current status) Current KYB transaction value: After the project enters the Open Mainnet, Pi coins are only authorized for KYB external exchanges to trade. Disclaimer: Since this is a vision simulation/creation content, please be sure to refer to the official research release announcement! The official team YouTube URL is: https://www.youtube.com/@PiCoreTeam Pay attention to official news: Users should continue to pay attention to the mainnet opening and KYC progress information released by Pi Network official channels.