As of January 2025, the Pi Network is experiencing significant developments. While the base mining rate has decreased, increasing the scarcity of Pi coins, efforts are underway to strengthen the entire ecosystem, including the launch of the Open Network and the establishment of liquidity pools. This article provides a detailed explanation of these latest updates and future prospects.
Decrease in Base Mining Rate and Scarcity of Pi Coins
In the Pi Network, the base mining rate decreased to 0.00477 Pi/h starting from January 2025. This decrease is due to the increase in the number of participants and indicates that Pi coins are becoming an increasingly scarce asset. This suggests that current mining activities may hold significant value in the future.
Launch of the Open Network
The Pi Network’s Open Network is scheduled to launch in the first quarter of 2025. This new phase will not only facilitate the exchange of goods and services between users but also enable connections with external wallets. This is expected to revitalize transactions both within and outside the Pi ecosystem.
Ecosystem Strengthening through Liquidity Pool Construction
Recently, the Pi Network moved 100 million coins to a dedicated wallet and constructed a new liquidity pool. This liquidity pool offers the following advantages:
- Transaction Efficiency: Eliminates transaction delays and enables fast and smooth transactions.
- Price Stabilization: Suppresses price fluctuations and provides users with a sense of security.
- Developer Support: Provides resources for the development of new applications and services.
Expansion of Pi Coin Usage in Daily Life
With the construction of the liquidity pool, Pi coins are becoming a more practical asset. For example:
- Can be used as a payment method when purchasing goods or services.
- Utilized in decentralized finance (DeFi) applications.
- Facilitates inter-company transactions and partnership building.
These developments are a significant step towards positioning the Pi Network as a major player in the blockchain industry.
Future Outlook and Conclusion
The Pi Network continues to grow steadily, and its ecosystem is becoming increasingly attractive to users and developers. There are many positive factors, including the decrease in the base mining rate, new possibilities brought by the Open Network launch, and improved transaction efficiency through liquidity pool construction.
We must continue to keep an eye on this innovative project. Especially in Japan, interest in such new technologies and ecosystems is expected to increase.
Why not take this opportunity to learn more about the Pi Network and explore its potential?