Pi Network's Core Team has provided a significant update on the progress of its second migration process, revealing that over 119,000 Pioneers have successfully transferred their transferable balances, including referral mining bonuses, to the Mainnet. The migration, which began on Pi Day (March 14), is designed as a gradual rollout to allow users to bring additional Pi tokens into the ecosystem and participate more fully.
Despite the numerical milestone, the announcement was met with substantial criticism from the community on social media platform X. Many users expressed frustration over the pace of the migration, arguing that 119,000 represents only a fraction of the project's millions of claimed users. Others raised concerns about prolonged delays in the Know Your Customer (KYC) verification process, with some reporting being stuck for months or even years without updates on their first migrations.
In a related development, the Pi Core Team issued a critical security warning to users during the migration phase. The team emphasized that two-factor authentication (2FA) must only be performed within the official Pi mining app and not through any external links or the Pi Browser. The warning aims to combat phishing attempts where scammers use fake links to harvest user passphrases.
The advisory stated that users who have already completed wallet confirmation at step three of the migration checklist may not receive a new 2FA code, as the process is considered complete. For those who may have inadvertently shared their passphrase via a fraudulent link, the Core Team recommends creating a new wallet within the official app, re-confirming the necessary steps, and ensuring the second migration directs funds to the new, secure wallet to prevent theft.
The team also stressed the importance of the ongoing migration for the network's future, noting that a substantial amount of Pi needs to be migrated to Mainnet to provide necessary liquidity for the upcoming Pi Decentralized Exchange (DEX).
