Official KYC submission deadline: The KYC submission deadline has been extended to December 31, 2024, allowing pioneers more time to complete identity verification before the mainnet transition.
The relationship between KYC and security: KYC is crucial to ensure the safety and protection of users’ Pi assets. Completing this process helps prevent fraud and enhances regulatory compliance.
Timely actions by users: Each pioneer needs to submit the KYC application and complete the mainnet transition checklist to ensure their assets are protected. Failing to do so means users can only hold mined Pi for six months.