Wednesday, August 17, 2022

Pi Network Mainnet Checklist - Why Still In The Automatic Migration Queue More Than A month

Question:
I have completed the Mainnet Checklist from 1 to 7 but have still been in the automatic migration queue for more than a month.

After the checklist is completed, the Pioneer’s Transferable Balance will be queued for transfer to their wallet address on the Mainnet blockchain. After the migration, there will be a 14-day pending period during which Pioneers’ Pi balance in their Mainnet wallet will not be transferable yet by the Pioneer, allowing the network to conduct additional checks or course corrections if necessary to clear the transfer. Given the immutable nature of blockchain and the early period of the network migration process, a 14-day pending period is helpful to make sure people’s migrated balances are correct. When the pending period expires, the Pioneer will then be able to use their Pi as they wish within the Enclosed Pi Mainnet.




️For ALL pioneers, migrations, KYC … - Some official answers by CT - 

Pioneers who have completed Step 7 of the Mainnet Checklist but have been waiting 5 days or more for their Mainnet Migration to occur: There are a few reasons which may be delaying their Mainnet Migration. 

First, a check is performed that verifies the Pioneer has confirmed a wallet for migration that is not confirmed (Step 3) by another Pioneer. If the Pioneer is using a wallet address that is confirmed by another Pioneer, then the transfer is blocked until the Pioneer confirms a wallet only they have confirmed. 

Second, the CT is delaying the automatic migration of large balances and will be transferring these balances manually for safety reasons. There is not a timeline at the moment for when the large balance migrations will occur. 

Third, there are additional checks prior to the Mainnet transfer even after all items on the checklist are checked, including additional sanctions checks and KYC status revaluation. 

Fourth, if the account’s transferable balance is lower than the minimum balance required by the blockchain, migration is paused.

If a pioneer is identified by such checks as needing further review prior to migration, then the CT is reviewing these cases and will update their status to be consistent with the results of these additional checks or release the migrations after the review is completed.

If you’ve been waiting, it’s likely that you are in one of these groups, please continue to be patient as the Core Team works to comply with regulations, KYC requirements and Pi policies, protect the network health and security, and ensure as much as possible that real Pioneers can safely secure their Pi.

Thanks for your understanding patience and best regards 

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