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$PI Pi Network (PI) Burn Mechanism: Transaction Fee Burning + KYC/Migration Cleanup as Primary Methods, No Official "Regular Large-Scale Burn" Plan. Core Mechanisms Below (As of 2026-03):
I. Transaction Fee Burning (Mainnet Auto-Execution)
- Per-transaction on-chain fee: 75% permanently destroyed (transferred to burn address), 25% enters ecosystem pool.
- On-chain data: As of early 2026, cumulative burn approximately 528,000+ PI, daily average 3,000–4,000 PI.
- Purpose: Continuous deflation as ecosystem transactions grow, reducing circulating supply.
II. KYC Incomplete/Unmigrated Token Cleanup (One-time + Ongoing)
- Rules: Accounts that failed to complete KYC or did not migrate to mainnet before 2025-03-14 (UTC) have their PI permanently deleted (burned).
- Scale: Community statistics show approximately 60.8 billion PI cleaned up, total supply reduced from approximately 100 billion to approximately 6.99 billion.
- Additional: Sub-standard offline/security circle contribution rewards are also synchronized for destruction.
III. Other Potential Burns (Not Officially Confirmed)
- Violation accounts: Multi-account, farming, fraud and other non-compliant addresses have tokens confiscated and burned.
- Future potential: Community DAO voting may introduce new burn rules (such as ecosystem dividend burning, periodic burns), but require on-chain voting to take effect.
IV. Core Characteristics
- No "fixed total supply cap," but continuous deflation formed through fee burning + cleanup.
- Burns are on-chain verifiable and tamper-proof, with no room for project team manipulation alone.
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