News

Pi Network Begins Second Migration With Referral Bonuses

By

Triparna Baishnab

Triparna Baishnab

Pi Network begins its second mainnet migration phase, with referral bonuses finally moving to the blockchain.

Pi Network Begins Second Migration With Referral Bonuses

Quick Take

Summary is AI generated, newsroom reviewed.

  • Pi Network has reportedly started its second mainnet migration phase.

  • The update includes referral bonuses moving to the mainnet.

  • Early reports suggest several pioneers have already received transfers.

  • The migration rollout began around March 2026 to maintain network stability.

The second migration phase represents another step in the gradual transition of Pi Network from its testing environment to a fully operational blockchain ecosystem. During the early years of the project, millions of users mined Pi Coin through a mobile application.

However, those balances initially existed only within the platform’s internal system rather than on the official blockchain. The migration process moves those balances to the mainnet, where they become part of the live network. This transition occurs in multiple stages to ensure the network remains stable while millions of user accounts shift to the blockchain. Reports suggest that the second migration wave began around early March 2026, with some users already receiving their updated balances.

One of the most anticipated changes in this phase involves referral bonuses. Many Pi users earned additional tokens by inviting others to join the network. Until now, those rewards remained outside the mainnet. The new migration phase reportedly includes these balances, allowing them to move into official wallets. Initial migration batches reportedly transferred tens of thousands of Pi tokens, though the process is expected to expand gradually as additional users complete verification requirements.

KYC Verification and Community Reactions

While the migration has generated excitement within the Pi community, the process also highlights ongoing challenges related to verification and account eligibility. Users must complete Know Your Customer (KYC) verification before their balances can migrate to the mainnet.

The verification step aims to prevent duplicate accounts and ensure that the network maintains a fair distribution of tokens. However, many users still await approval of their verification requests. Some pioneers have reported delays or partial migrations where only a portion of their balances moved to the blockchain.

Other users remain in queue while their identity verification processes continue. Despite these issues, the second migration represents meaningful progress for the project.

Gradual Progress Toward Ecosystem Utility

The movement of referral rewards into mainnet wallets suggests the network is gradually preparing for broader ecosystem functionality. As more accounts migrate, the number of tokens circulating within the live blockchain should increase.

Supporters believe this transition will eventually enable more real-world utilities such as payments, decentralized applications, and marketplace integrations within the Pi ecosystem. Although the migration rollout remains gradual, the latest phase signals that Pi Network continues moving toward a more fully operational blockchain environment.

References

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