RE: Pi Network Defies Expectations: Open Mainnet, Price Surges, and Community Reactions
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I think the lowest lockup is 25% for 2 weeks. Once your Pi has been migrated, you can move the 75% to your balance and transfer it to one of the five KYB'ed crypto exchanges.
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They do that by default but you can untick it and just accept the lockup. I have all green steps right now apart from 9 step which is yellow and that's the one that I am in the automatic queue for migration.
I think by default, it's the maximum lockup, 100% for 3 years. Most of the members in my team did not adjust the bar. They just clicked the commit tab. Now, they can do nothing but wait until 2028. 😅
Yeah. You might be right I seen it as default but also I read that you don't have to lockup amount just commit.
Anyway have a look what I got
That's the mainnet checklist. I am referring to this page.
Ok. It says committed on mine at the bottom and it's green so I guess that it's good. How long you waited for migration and status to be changed on step 9?
It took me two years to verify my phone. It is easier now.
I did all of that, phone, email, and KYC fully passed without any issues. As I said, I am on a last step where I am waiting in automatic queue for migration.
So I think it will be shorter in your case. Migration can happen anytime, sooner or later. Once your Pi has been migrated, you need to wait 14 days before you can withdraw it.
We will see :) Thank you for all info, replies and help.
My pleasure.
Most of my team members are also waiting for the result of that last step. I expect that more Pi will be transferred from the unverified status once they are done.
The challenge now is for those waiting for their KYC slots. I wonder how long it will take for those 59 M to complete their KYC.
my KYC takes like 10 minutes to be approved
Wow! Very fast! Maybe it depends on geographical location? Or are there some technical difficulties? Some of my officemates applied for KYC 3 days ago, and they are still waiting for their slots.
My brother-in-law did great. He locked 25% for 2 weeks, and that's why he was able to withdraw 75% of his Pi and cash out $612.00 two days ago.
Awesome! I have 263 transferable and 79 unverified but I guess that my referral did KYC and is waiting for migration as well because I can't see him on the list, balance is growing and it says on his username that is "mining" so I guess that I should get that tokens as well 😎😎😎😎
That's good. In my case, out of 5,690 Pi, 4,900+ are unverified.