Future

Pi [IOU]

Security

Pi Network has extended the Grace period deadline for KYC submission from November 30, 2024, to December 31, 2024. This change aligns the KYC deadline with the Mainnet migration deadline, giving Pioneers more time to secure their Pi while preserving the 6-month Grace Period framework.&nbsp; 
The <a href="https://minepi.com/blog/grace-period-extension-dec-31/" target="_blank" rel="noreferrer noopener nofollow">extension</a> ensures no Pioneer forfeits their Mobile Balance due to delayed KYC submission. However, both deadlines must be met to avoid losing most of the previously mined Pi.&nbsp; 
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 <img decoding="async" width="348" height="484" src="https://www.cryptotimes.io/wp-content/uploads/2024/11/pigraceperiod-348x484.png" alt="Pi network Twitter" class="wp-image-218645" srcset="https://www.cryptotimes.io/wp-content/uploads/2024/11/pigraceperiod-348x484.png 348w, https://www.cryptotimes.io/wp-content/uploads/2024/11/pigraceperiod-295x410.png 295w, https://www.cryptotimes.io/wp-content/uploads/2024/11/pigraceperiod-202x280.png 202w, https://www.cryptotimes.io/wp-content/uploads/2024/11/pigraceperiod.png 401w" sizes="(max-width: 348px) 100vw, 348px">
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 Source: <a href="https://x.com/PiCoreTeam/status/1862291051572339097" target="_blank" rel="noreferrer noopener nofollow">X</a>
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Completing the Mainnet Checklist and migrating before December 31, 2024, remains critical for preserving your Pi balance. 
The decision underscores Pi Network’s commitment to inclusivity and fairness. It provides Pioneers ample time to complete KYC and transition smoothly to Mainnet without altering the overall timeline for the Grace Period. 
The extension also addresses special cases, ensuring the process is accessible to as many users as possible without disrupting Pi Network’s Open Network goals. 
Pioneers are urged to act promptly and submit KYC applications before the deadline to avoid last-minute issues. Encourage your Referral Team and Security Circle to follow suit.&nbsp; 
With the Open Network transition planned for 2024, meeting these deadlines is crucial for the community’s progress. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/11/28/key-discussions-on-pi-networks-future-at-daegu-meeting/" target="_blank" rel="noreferrer noopener">Key Discussions on Pi Network’s Future at Daegu Meeting</a> 
</blockquote>

Pi Network Extends Grace Period KYC Deadline to December 31

The Crypto Times

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