Pi Network is moving more rewards onchain. When can holders sell?

A second migration can move another portion of a Pioneer’s balance onto Pi Network’s Mainnet. From there, wallet access, lockups and exchange deposit policies determine whether the coins can actually reach the market. Summary Pi Network’s gradual second migration rollout gives eligible Pioneers who have already migrated once another route to transfer accrued balances onto Mainnet. Eligible referral bonuses can form part of the second balance, and Pi requires wallet two-factor authentication before either first or second migration eligibility. Pi’s documentation describes a 14-day pending period after migration, and lockup commitments can keep part of a wallet balance unavailable for longer. Even transferable PI can only reach an exchange order book if the holder has access to a venue accepting deposits over Pi Mainnet. Completed migrations, transferable balances, exchange deposits and actual sales measure different stages, so none by itself captures how much PI holders are selling. Pi Network has opened a route for eligible Pioneers to move a second transferable balance to Mainnet, giving users who have already migrated once another opportunity to bring accrued PI onto the chain. P...