Pi Network’s protocol upgrades will enable functionalities including embedding KYC authority in the protocol that will maintain Pi as a KYC-verified blockchain while offering a more distributed, community-driven KYC process at the protocol level. https://youtube.com/shorts/FPmp7kkwL6Y

Dr. Chengdiao Fan, one of two Founders at Pi Network, will be a speaker at the TOKEN2049 conference, which takes place on October 1-2 in Singapore! https://minepi.com/blog/token2049-speaker/

As one of the largest crypto events in the world, this conference is a great opportunity for Pi Network to engage with the wider blockchain community and to share its unique perspective on real-world utility, community building, and the broader future of blockchain adoption. Learn more about the focus of Dr. Fan’s discussion, and stay tuned for more information!

Progress update on protocol upgrades: the Testnet1 blockchain has been upgraded from protocol version 19 to version 22, marking the first step towards enabling new layers of functionality and control on the blockchain. Work is underway to upgrade Testnet1 to version 23, followed by upgrades to the Testnet2 and Mainnet blockchains from version 19 to 23.

Upcoming protocol upgrades will phase in through consecutive versions and may potentially require planned outages of the blockchain services. Specific outages, if any, will be announced in advance. Read the previous announcement on the upgrades to learn more: https://minepi.com/blog/pi-linux-node/#protocol

A new Fast Track KYC feature, built using more AI in the KYC flow, now allows new Pioneers to activate a Mainnet wallet even before completing 30 mining sessions. This means earlier access to Pi apps and the ecosystem—without waiting for standard KYC process or full Mainnet migration. Note that the Fast Track KYC feature currently does not enable Mainnet migration. If eligible, you'll see the option in the Pi Wallet app. Read the full blog for details.

https://minepi.com/announcement/fast-track-kyc/

Pi Hackathon 2025 is officially halfway complete! Watch the new video showcasing the initial progress of select Hackathon projects, and stay tuned to see their continued progress in the remaining 3 weeks of the Hackathon. youtube.com/watch?v=izlalv3-zsQ&feature=youtu.be

Decentralized exchange (DEX) and automated market maker (AMM) functionalities are available on the Testnet, allowing developers and Pioneers to experiment directly with token swaps, liquidity pools, and other decentralized finance tools. Developers can also now create test tokens on the Pi Testnet blockchain, while such functionality is restricted on Mainnet during the testing period. These releases in a testing environment allow developers to extend Pi Network’s capabilities in a utility-focused and Web3 way, and it onramps Pioneers safely and gradually.

Learn more in the Pi mining app!

The launch of Pi DEX, AMM, and liquidity pool features on Testnet gives developers and Pioneers a live environment to try out the mechanics of decentralized finance (DeFi) inside the Pi ecosystem.

Read the full announcement to learn more!
https://minepi.com/blog/dex-amm-token-creation/

Watch Pi Founder Chengdiao Fan's talk at TOKEN2049! Dr. Fan explores interrelated imperatives including advancing genuine blockchain utility and product innovation, aligning AI with human well-being through decentralized infrastructure, and achieving true mass adoption.

Her talk aligns with a consistent principle of Pi Network: develop technology in such a way that it serves real people and solves concrete problems.

https://youtu.be/P9WveUQMKmA

Opening DEX, AMM, and tokens on Testnet allows developers to extend Pi Network’s capabilities in a structured, utility-focused and Web3 way. It also onramps Pioneers into DeFi through a safe, gradual, and educational journey of discovery.

This step strengthens the ecosystem by leveraging the powers of Web3 to increase utility, transparency, and decentralization. Learn more and try out the new features on the home screen!

https://minepi.com/blog/dex-amm-token-creation/

Try out Pi’s DeFi features—DEX and AMM functionalities—on Testnet in the Pi Wallet! Watch the new walkthrough video to learn more about the features and how to get started. https://youtu.be/tzEQ5rNOCe8

This release expands Pi’s capabilities in a structured, utility-focused, and Web3-aligned way, helping Pioneers explore decentralized finance safely while strengthening the ecosystem through real testing, transparency, and community participation.

Pi App Studio has been updated with improved AI-assisted customization, interfaces, and app discovery for creators. https://minepi.com/blog/pi-app-studio-updates/

These updates make it easier for App Studio creators to design, iterate, and refine their apps, and learn from other community-built apps through the new app discovery interface. Together, these improvements further Pi App Studio’s mission to make app creation more accessible for all Pioneers, helping expand ecosystem utility, use cases, and participation across the community.

Over 3.36 million additional Pioneers have fully passed KYC after a recently released system process made 4.76 million Tentatively KYC’d Pioneers eligible for full KYC completion through conducting additional checks!

Around 3 million more Tentative Pioneers can become eligible through this system process by completing their required liveness check. Fully KYC’d Pioneers should complete the Mainnet Checklist to migrate to Mainnet—over 2.69 million from this release have already done so and migrated.

https://minepi.com/blog/system-process-unblocks-tentative-kyc/

An additional 3 million Pioneers with Tentative KYC cases can be unblocked by the newly released system process if they submit the required additional liveness checks in the app. So, if your KYC status is Tentative and the app requires you to conduct additional liveness checks, complete them as soon as possible! https://minepi.com/blog/system-process-unblocks-tentative-kyc/

Pi Network Ventures has made its first investment in OpenMind, a company developing an operating system and open-source protocol for robots to think, learn, and work together—like Android for robots. Go to the Pi mining app for more information!

Pi Network and OpenMind have completed a proof-of-concept project where volunteer Pi Node operators ran AI models for OpenMind, proving it’s possible for Pi Node operators to run computations for third-party organizations. Learn more https://minepi.com/blog/pi-network-ventures-openmind/

OpenMind’s technologies create a shared intelligence layer that enables robots to collaborate and learn collectively in a decentralized ecosystem. This complements Pi’s vision for the future of blockchain and AI, where decentralized infrastructure supports open innovation and equitable participation.

Read the full announcement to learn more! https://minepi.com/blog/pi-network-ventures-openmind/