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Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
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🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
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Pi Network Protects a Supply of 100 Billion Dong, Rejects Token Burn Plan
From its early days as a simple experiment "Tap to Earn" ( tap to mine coin), Pi Network has gradually developed into a blockchain project attracting over 60 million users worldwide. Currently, the project is preparing to enter the phase of expanding practical applications, while still holding the total supply of 100 billion PI – a figure that has sparked much debate within the community. Many members proposed to burn (burn) at least 20 billion coin to reduce supply, but Pi Network did not choose this way. So what is the real reason?
Currently, only about 7.81 billion PI are in circulation, the remaining will be gradually released as more people join and complete KYC verification. 2. Why doesn't Pi Network burn coins? Unlike many other crypto projects, Pi Network does not apply a burn mechanism to reduce supply. The reason is that a sharp reduction in supply, for example down to 20 billion as some have suggested, could cause prices to spike and inadvertently eliminate access opportunities for new users. Instead, Pi Network applies: Halving mechanism: Gradually reduce the coin mining rate over time. Strict KYC verification: Ensures that only real users receive coins, avoiding spam or fake accounts. Control of issuance rate: Coins are distributed gradually according to the number of participants.
Although the total supply is 100 billion, it is estimated that in the early stage of the network launch )Open Mainnet(, only about 10–20 billion PI is actually circulating in the market. 3. Priority distribution to the community Pi Network places the community at the center of its coin distribution strategy: 65%: For the )mining rewards( of users. 10%: For local organizations, activities to promote the Pi ecosystem. 5%: For liquidity funds to maintain the stable operation of the network. 20%: For the project development team.
This allocation method aims to avoid the situation where "sharks" )whales( hold a large portion of the supply, ensuring fairness and decentralization. Conclusion With the goal of maintaining a total supply of 100 billion PI and focusing on fair distribution for the community, Pi Network aims to build a global digital coin that is accessible and has practical applications. Instead of reducing supply to quickly increase price, the project chooses a sustainable development approach, attracting more users and creating long-term value for the ecosystem.