Pi Network’s latest announcement has stirred up tension among its community, with many Pioneers accusing the project of asking for more commitment while delivering little progress.
On August 2, the team unveiled a new incentive program promising up to 200% higher mining rates for users willing to lock up their Pi tokens. The option applies both before and after Mainnet migration, but once a lockup is set, it can’t be reversed. While marketed as a way to boost network participation, many users view it as poorly timed.
Frustrations have been building over stalled migrations, year-long KYC delays, and a token price that has steadily weakened. Some argue that locking tokens without clear utility or liquidity is risky, especially when core ecosystem tools—like Pi Domains and App Studio—remain incomplete.
Critics say that these delays undermine confidence in the project’s roadmap. Even long-time Pioneers who have been active since the early phases express doubts, with some calling for greater transparency and regular progress updates from the Core Team before launching new initiatives.
The absence of major exchange listings, particularly on Binance, has only added to the discontent. Many believe that securing broader market access should be the project’s top priority, as it would create real use cases and incentives for holding Pi—making lockups far more appealing in the future.
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Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/pi-network-news-core-team-decision-triggers-stirs-new-trouble/