What Pioneers Must Know

This is the newest from the Core Crew amid the struggles of the venture’s native token.

Pi Community’s staff introduced earlier as we speak that it has accomplished the distribution of its second testnet token, known as Slice, by means of the Pi Launchpad.

The assertion additionally outlined how customers (generally known as Pioneers) can make the most of and discover its functionalities.

SLICE Distributed

Recall that the initiatives round testnet tokens started on PiDay 2026 (March 14), and practically 480,000 customers took half within the Launchpad testing. Based on the staff, they generated “precious suggestions on the Launchpad mechanism,” which was integrated into an easier participation circulate, up to date mechanics, and an improved person expertise.

To construct on prime of the preliminary progress, Pi Community launched a second testnet token known as Slice in June. Testing started on June 12 and remained open till June 28 (Pi2Day). Though it has been nearly a month since then, the staff remained quiet on the SLICE entrance till earlier this morning.

In a submit on X, they announced the profitable distribution of the testnet token and urged customers to discover the “post-launch expertise and see how liquidity swimming pools work by means of the brand new worth monitoring function.” They defined that the Launchpad app within the Pi Browser reveals particular person allocation particulars, the launch and efficient token costs, entry to the SLICE liquidity pool, and a chart monitoring adjustments within the asset’s worth relative to test-Pi (the opposite testnet token).

PI’s Bizarre Worth Strikes

The official native token of the venture has been fairly unstable recently, principally heading downhill. It plunged to a brand new all-time low of $0.07 a few weeks in the past after it misplaced the coveted $0.10 help. After a couple of unsuccessful breakout makes an attempt, it lastly rocketed by 20% each day final Sunday and challenged the identical degree however from the draw back.

Nevertheless, the resistance now was too sturdy, and PI failed in its tracks. One other main leg down got here yesterday when it plummeted by over 10% to $0.082 after some warning indicators hinted at an upcoming rejection.

In the meantime, some customers have complained on-line that they’ve detected unusual exercise of their Pi Wallets, together with lacking tokens and numerous failed transactions to unknown addresses.