Pi Network Stands Firm on 100 Billion PI Coin Supply, Prioritizes Inclusivity Over Token Burns
Pi Network, which began as a simple 'Tap to Earn' experiment, now boasts a global community of over 60 million users. The project is holding firm on its decision to maintain a 100 billion Pi coin supply, despite some community members advocating for a $20 billion token burn. This strategic reserve is designed to promote inclusivity, ensuring sufficient distribution for future adopters without creating artificial scarcity.
The bulk of the coins are allocated to community mining rewards, encouraging long-term participation in the ecosystem. Currently, only 7.81 billion PI coins are in circulation, with releases gradually increasing based on user growth and KYC verification. The network opposes supply reduction methods like token burns, arguing that a larger scale is essential for transactional utility and application development.