Pi supply and how coins are released…
Pi server mint or creates a fixed supply of Pi for each person that joins the network up to the first 100 Million participants.
In other words, for each person that joins the Pi Network, a fixed amount of Pi is pre-minted.
This supply is then released over the lifetime of that member based on their level of engagement and contribution to network security.
The supply is released using an exponentially decreasing function similar to Bitcoin’s over the member’s lifetime.
The Pi server is operating as a faucet emulating the behavior of the decentralized system as it will function once its live.
Pi server as faucet hold back the release of the minted coins.
You need to turn on Faucets…
There are faucets that you screw a knob to turn on; there are faucets that you pull a lever to turn on; there are faucets that you push or “TAP A BUTTON” to turn on and there are some faucets that you do not even have to touch to turn on.
“TAP THE MINING BUTTON” to release the minted coin from Pi server faucet.
The mobile phone of Pioneers has the switch to open the faucet to release the coins minted for them every 24hrs.
Don’t Miss Out!