Pi Network Moves Referral Rewards to Mainnet With KYC Rule

TLDR

• Pi Network has launched its Second Migration Phase after Pi Day 2026 to transfer additional balances to mainnet.
• The update now allows users to move eligible referral mining rewards that were not processed earlier.
• Users can transfer referral bonuses only if their referral members have completed KYC verification.
• The system calculates referral rewards based on individual mining sessions and verified activity records.
• More than 119,000 users have completed the second migration phase as access expands gradually.

Pi Network has started its Second Migration Phase after Pi Day 2026 and enabled more balance transfers to the mainnet. The update allows eligible users to move remaining rewards, including referral mining bonuses. So far, over 119,000 users have completed this phase as access expands gradually across the network.

Pi Network Opens Second Migration With Referral Rewards

Pi Network confirmed that users who finished their first migration can now transfer additional balances. The system now includes referral mining rewards that earlier stages did not fully process. However, the network only releases bonuses tied to referrals who pass KYC verification.

https://x.com/PiCoreTeam/status/2037307830995227095?s=20

The platform calculates referral bonuses from individual mining sessions, so each account shows a different eligible amount. Because of this structure, the backend reviews activity records and KYC status before approving transfers. As a result, unverified referrals still restrict a portion of pending earnings until they complete verification.

The development team stated that the rollout required extended preparation due to complex reward calculations. The system checks referral activity data and verifies compliance before recording balances on-chain. Therefore, the network processes transfers in stages instead of releasing all balances at once.

At the same time, the network strengthened wallet protection measures for this phase. Users must complete two-factor authentication before any transfer to the mainnet. Since blockchain transactions cannot be reversed, the platform applies strict confirmation steps to secure funds.

KYC Verification Shapes Final Transferable Balances

The final transferable balance now depends on how many referral members complete KYC. If a referral remains unverified, the related bonus remains locked within the system. This condition directly affects users who built large referral teams during earlier mining periods.

Some users reported that their accounts moved back to tentative KYC status after completing the first migration. These changes temporarily block access to second migration rewards until verification clears. The network continues to review such cases while maintaining existing compliance checks.

Despite the new phase, the network continues to process the first migrations in parallel. Users still waiting for their initial transfer remain unaffected by the second rollout. The system handles both stages simultaneously to maintain steady progress.

The update arrives as the ecosystem expands through new integrations and testnet tools. The Pi Launchpad remains active on testnet and supports new app development within the ecosystem. Meanwhile, the team confirmed that migration access will continue expanding in phases based on system readiness.

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