Pi Network has migrated more than 10.94 billion Pi in mining rewards to mainnet, pushing the network past a major token migration milestone.
Pi Blockexplorer lists migrated mining rewards at 10,941,741,023.614 Pi. Circulating supply stands at the same level, according to the network’s latest mainnet metrics.
More than half of those rewards remain locked. Locked mining rewards total 6.21 billion Pi, while users have unlocked about 4.72 billion Pi.
The split leaves roughly 57% of migrated mining rewards under lockup. Pi Network users can commit a portion of their balances to lockups, restricting access to those tokens for a selected period.
Pi Network Migrated Rewards Reach 10.94 Billion
The latest figures show a widening gap between locked and unlocked Pi. Locked mining rewards stand at 6,215,171,562.245 Pi, compared with 4,726,569,461.369 Pi in unlocked rewards.
Pi Network allows users to lock migrated Pi for a selected period. The locked balance remains unavailable until the chosen lockup duration ends, while unlocked Pi becomes usable after the migration process is completed.
Pi Blockexplorer also puts the network’s effective total supply at 16.83 billion Pi. Pi has a maximum supply of 100 billion tokens, with 65% allocated to community mining rewards under the network’s tokenomics.
The reward milestone adds to Pi Network’s broader mainnet expansion. Earlier this year, the network reported more than 16 million Mainnet migrations, while its second migration rollout began moving additional eligible Pi balances onto the blockchain.
With more than 6.2 billion Pi still locked, future unlocks remain an important supply metric to watch as Pi Network continues its migration process.
Also Read: Why is Pi Token (PI) Price Down Today?
