Pi Network Launches Lockup Option to Enhance Mining Rewards

Pi Network just dropped a lockup feature to boost mining rewards for users on the Mainnet. From July 5 of this year, you can lock up to 200% of your Pi tokens right in your wallet. It’s super easy, all you have to do is set it, lock it, and enjoy higher mining rates instantly while helping the ecosystem grow.

Big news, Pioneers! Pi Network has rolled out a new feature that’s a total game-changer. Starting after July 5 if you’ve migrated your Pi tokens to the Mainnet, you can now use the lockup feature to score boosted mining rewards. Yep, that’s right, your Pi stash can work even harder for you.

So, one may wonder what’s the deal, well, the lockup feature basically lets you secure a chunk (or all) of your migrated Pi tokens and get a sweet boost in your mining rate. Its also super simple to follow, just open your Pi Wallet, go to the “Lockups” section, hit “Create New Lockup,” and set how long you want to lock those tokens. Once it’s locked, you’re in it till the timer’s up. Your mining rewards will start leveling up in the very next session.

Now, here’s the flex: you can lock up up to 200% of your migrated tokens. That means double the rewards and double the hype. This isn’t just about stacking Pi faster but it’s also about helping Pi Network grow into the utility powerhouse it’s aiming to be as it gears up for its open network phase.

Pi Network’s been cooking this up since the 2021 whitepaper, and now it’s live just in time for Altseason. The Core Team says this feature is all about keeping things stable and thriving while rewarding Pioneers who are here for the long haul.

So, are you ready to lock it down and max out those rewards? Time to boss up your mining game.

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Anmol Khatiwada

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