Key Highlights
- Pi Network initiated its second mainnet migration wave following Pi Day 2026, targeting previously unmigrated balances.
- Referral mining bonuses that remained unprocessed during initial migration are now eligible for transfer.
- Referral reward migration requires corresponding team members to have verified identities through KYC protocols.
- Mining session data and verified user records determine individual referral bonus calculations.
- Platform reports over 119,000 successful second-phase migrations with phased rollout continuing.
Following [[LINK_START_0]]Pi Day[[LINK_END_0]] 2026, Pi Network activated its second mainnet migration phase, opening pathways for additional token transfers. This latest deployment focuses on previously unmigrated funds, particularly referral-based mining incentives. The network reports that more than 119,000 participants have successfully completed the second transfer phase, with availability expanding incrementally.
Referral Bonus Migration Now Active in Second Phase
Pi Network announced that participants who successfully completed initial migration procedures can now process remaining account balances. This phase specifically addresses referral mining incentives that weren’t included in earlier transfer operations. The critical requirement: bonuses transfer only when associated referrals have completed identity verification procedures.
https://x.com/PiCoreTeam/status/2037307830995227095?s=20
Referral compensation derives from session-by-session mining calculations, creating unique eligible amounts for each participant. The backend infrastructure examines historical activity logs and verification status before authorizing any transfer. Consequently, bonuses linked to unverified referral accounts remain inaccessible until those users complete KYC procedures.
Developers explained that the extended preparation period stemmed from intricate reward computation requirements. The platform validates referral engagement data and compliance status before committing balances to the blockchain. This methodology necessitates staggered processing rather than simultaneous release of all pending rewards.
Concurrently, enhanced security protocols have been implemented for this migration phase. Participants must authenticate via two-factor verification before executing mainnet transfers. Given that blockchain transactions are immutable, the platform enforces rigorous confirmation protocols to safeguard assets.
Identity Verification Status Determines Migration Eligibility
Transferable balances now hinge on referral network verification completion rates. When referral team members haven’t verified their identities, corresponding bonuses stay locked in pending status. This requirement particularly impacts participants who recruited substantial teams during early mining phases.
Certain users have observed their accounts reverting to provisional KYC classification after completing initial migrations. Such status changes temporarily suspend second-phase migration access pending verification resolution. The network continues evaluating these situations while upholding established compliance frameworks.
Despite second-phase activation, initial migration processing continues concurrently. Participants awaiting first-phase transfers experience no interference from the secondary rollout. The infrastructure manages both operations simultaneously to ensure consistent advancement.
This update emerges amid broader ecosystem expansion through fresh integrations and testing platforms. The Pi Launchpad operates on testnet infrastructure, facilitating application development within the ecosystem. Officials confirmed that migration eligibility will progressively extend across the network according to infrastructure capacity.
