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

Coinfomania
PI9,86%

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 Explodes 50% – The Rebound Everyone Missed!

Pi Network has experienced a price rebound, rising from $0.128 to approximately $0.1819, approaching a key resistance at $0.20. Traders are optimistic, but liquidity remains low, leading to potential volatility in the market.

Coinfomania14h ago

Pi Network Confirms March 12 DEX Launch, Pi Coin Rallies Over 8% Amid Protocol Upgrades

Pi Network has scheduled the launch of its native decentralized exchange for March 12, 2026, integrated directly into the Pi Wallet, as the project completes mandatory protocol upgrades toward v20.2 ahead of the March 14 Pi Day milestone.

CryptopulseElite19h ago

Pi Network price hits two-week high, protocol upgrade drives 8.5% increase

Pi Network's native token PI rose about 8.5% on March 4th, reaching a nearly two-week high, following the successful upgrade to protocol v19.9. The upgrade aims to strengthen network capabilities and will introduce v20.2 before Pi Day 2026. Despite the short-term increase, the Pi Foundation transferred 60.99 million tokens, which could trigger supply pressure. Technically, PI faces a key resistance level at $0.173.

MarketWhisper22h ago

PI (Pi) increased by 7.51% in the past 24 hours

Gate News Bot Message, March 5th, according to CoinMarketCap data, as of press time, PI (Pi) is trading at $0.18, up 7.51% in the past 24 hours, reaching a high of $0.19 and a low of $0.16. The current market capitalization is approximately $1.748 billion, an increase of $122 million from yesterday. Pi is the first digital currency that can be mined on a mobile phone, utilizing groundbreaking technology to achieve mining without battery loss on mobile devices. Pi Network aims to make cryptocurrency mining simple and accessible, with features such as decentralization, mobile-first design, user-friendliness, and environmental friendliness. Users can start mining for free by downloading the official mobile app and receiving an invitation from existing trusted members. The project aims to create a secure, tamper-proof, and interoperable digital currency ecosystem. ## Important recent news about PI: 1️

GateNews22h ago

Pi Network’s v19.9 Mainnet Upgrade Just Changed Everything

_Pi Network’s v19.9 mainnet migration is done. Node operators are already eyeing v20.2 before Pi Day 2026. What does this mean?_ Pi Network just crossed a line most projects talk about for years. Protocol v19.9 mainnet migration is done. Confirmed. The Pi Core Team announced the completion

LiveBTCNews03-04 16:50
Comment
0/400
No comments