Pi Network has officially launched its Second Migration Phase, enabling KYC-verified users to transfer their referral mining rewards to the mainnet. Following Pi Day 2026, this phase marks another key milestone in expanding ecosystem participation and enhancing network security.
According to official data, over 119,000 users have successfully completed this phase, demonstrating steady progress. Previously unprocessed bonus balances linked to referrals are now eligible for migration, with final amounts depending on the number of verified team members a user has.
Enhanced Security Mechanisms
The new phase introduces stricter KYC checks and two-factor authentication (2FA) to ensure secure transfers. Pi Network has strengthened backend processing and security measures to protect funds during irreversible blockchain transactions.
Users can only transfer bonuses associated with verified referrals, encouraging early participants to complete KYC for their entire team.
Mixed Community Reactions
The update has sparked mixed reactions. Some users express concerns over KYC-related technical issues, while others view it as a positive step toward rewarding long-term participation. The rollout coincides with ecosystem growth, including the Pi Launchpad on testnet and new app integrations, expanding Pi's utility beyond mere mining.
As migration progresses, Pi Network plans to gradually unlock more mainnet features, with potential improvements to its economic model and governance mechanisms. Users are advised to follow official announcements and ensure their accounts are properly verified.