Pi Network News: How Active Users Are Getting More Tokens for the Same Amount of Pi

The Pi ecosystem has launched a new token launchpad on its testnet, offering a structured and rewarding participation model that goes beyond simply holding Pi. This new system, detailed by crypto user Woody Lightyear, involves two distinct actions: staking Pi and committing Pi, which are often misunderstood but serve different critical functions in acquiring tokens during a launch.

Understanding Staking and Committing

Staking Pi grants users "PiPower," which determines their allocation limit – essentially, how many tokens they are permitted to buy. The more Pi a user stakes, the higher their potential purchase limit. However, staking alone does not secure the tokens.

Committing Pi is the actual payment mechanism used to purchase tokens at the initial listing price. Unlike staked Pi, which is returned after the participation window closes, committed Pi is spent and is not refunded. This distinction is crucial for understanding the participation process.

Engagement Drives Better Deals

The Pi Launchpad model offers a significant advantage to users who actively engage with the applications they support. Users with higher engagement scores can receive discounts on the initial listing price, allowing them to acquire more tokens for the same amount of committed Pi compared to less engaged participants. For instance, a highly engaged user might receive more tokens for 5 Pi than a standard participant.

Exclusive Access Through Participation

A key takeaway from the Pi Launchpad is that direct participation is necessary to purchase tokens at the initial listing price. Without engaging in the launchpad, users miss out on this opportunity and will likely need to acquire tokens on secondary markets at potentially higher prices. In essence, staking secures access, committing enables the purchase, and engagement determines the value of the deal.

FAQs Addressed

Regarding user concerns, staked Pi is always returned after the participation window, irrespective of a token's performance. Only the committed Pi, used for purchasing tokens, is at risk. Higher user engagement is seen as a potential indicator of stronger community support, which could positively influence a token's demand and stability post-launch. Users who do not participate in the initial launch forfeit the advantages of initial pricing and allocation, facing higher costs on secondary markets. The model is designed to benefit active, long-term Pi users who engage with new projects early, offering them better pricing and a role in shaping the early community.