1. Pi Network project background and Mainnet launch performance

Pi Network officially launched the Mainnet on February 20, 2025, at 4 p.m. (UTC+8), marking a new phase for the project.

Pi Network Core Positioning

Pi Network is the first Layer 1 public chain project that supports mobile mining, aiming to achieve blockchain technology inclusion through low-threshold participation. Its token Pi Coin adopts the Stellar Consensus Protocol (SCP), and users can obtain rewards through daily check-ins ('mining') without the need for professional equipment.

Key Data Launch on Mainnet

• Launch time: February 20, 2025, 4:00 PM (UTC+8)
• Initial Circulating Supply: Approximately 1 billion tokens (total supply of 100 billion tokens, with 4.5 billion tokens in a locked state)
• Price performance: On the first day of listing, the price of the Pi token rose to $2.2, but then experienced significant fluctuations, dropping to $0.64, a decrease of over 65%.
• Trading Volume: On the first day of listing, the trading volume reached 403 million Pi, with a trading volume of approximately 2.96 billion USDT.

It is important to note that the price of Pi token has experienced drastic fluctuations after the Mainnet launch, investors should remain cautious.

Source:Gate.io Spot Trading Area

Log in to Gate.io now to trade PI, click Trade:https://www.gate.io/trade/PI_USDT

2. Pi Coin stake mechanism and revenue model

Pi Coin stake rules

Gate.io launched Pi staking service on February 18, 2025, supporting the following features:

• Annualized yield: Adjusted dynamically based on the liquidity pool size, the current base interest rate is 8%-12%. Staking for specific periods allows for a higher annualized yield, such as 28.57% for the 5-day mining pool.
• Lockup Period: Offers flexible staking (redeemable at any time) and fixed-term staking (30, 60, 90 days), with an annualized yield of up to 20% for fixed-term staking.
• Risk hedging: The staked Pi token can be used as margin to participate in perpetual contract trading, with a maximum leverage of 50x.

Updated Pi Network Staking Rules

Latest mining pool data

• Pool total reward: 0.2 BTC
• Stake currency: Pi
• Mining pool mining period: 5 days
• Total Staked Amount: 9,526,033 Pi
• Number of participants: 35,225
• Hourly pool limit: 0.00166666 BTC
• Personal hourly reward limit: 0.00025 BTC
• Annualized Yield: 28.57%

Source:Pi launchpool

Calculation of 1000 Pi stake rewards

Assuming a 90-day fixed-term stake (20% annualized), the profit formula is:

Based on the current price of 0.76, the earnings equivalent to 28.11 US dollars. If the price of Pi rises to 1.5 US dollars, the earnings value will increase to 55.49 US dollars.

Yield Variable Analysis

Pi price fluctuation: ±30% price fluctuation

Lock-up period: 5% annualized interest rate increase every 30 days

Network participation: Node operators can receive additional rewards

3. Pi Coin revenue forecast and market variables

AI price prediction model reference

• AI model prediction (2025-2026): Based on historical volatility and market sentiment, the estimated price range for Pi at the end of 2025 is expected to be $0.50-$2.50, with a median of $1.50.
• Extreme scenario: If the ecological application is delayed in landing, the price of Pi may fall below $0.50; If Pi can successfully access mainstream payment scenarios, the price may exceed $3.00.

Staking Yield Sensitivity Analysis

Note: The above sensitivity analysis of earnings assumes staking 150 Pi tokens and considers earnings under different price fluctuations.

4.Pi Coin recent developments and ecological progress

1. Gate.io perpetual contract online: Pi/USDT contract supports 50x leverage, funding rate ±2%, 24h trading volume exceeds 120 million USDT (2025/02/22)
   Gate.io perpetual contract entrance:
   https://www.gate.io/futures/USDT/PI_USDT
2. Ecosystem Expansion: Pi Network announces cooperation with 312 merchants in Southeast Asia to support Pi for daily consumption (2025/02/21)
3. Community activity: The core team has launched the 'Staking Mining Acceleration Plan', staking over 1000 Pi can receive an additional 5% reward (2025/02/20-2025/03/20)

5. Summary

The launch of the Mainnet of the Pi Network has brought new opportunities for the project's development, aiming to involve more users in blockchain technology by lowering the threshold. The core positioning of the project is to break the device requirements through mobile mining, allowing more users to participate. Since its launch, the price of the Pi token has experienced drastic fluctuations, with market sentiment and the advancement of ecological applications being important factors affecting its price.

At the same time, through partnerships with merchants in Southeast Asia, Pi Network has promoted the application of Pi tokens in actual consumption scenarios, further enhancing its market awareness. The stake mechanism introduced by Gate.io allows Pi token holders to earn profits through staking, combined with AI model price predictions, Pi Network still has great development potential in the coming years. Investors should pay attention to the development of the ecosystem and the implementation of applications, as this will directly impact the long-term value and market performance of Pi Coin.