According to Nghien Crypto, Pi Network is rolling out Protocol 23 upgrade with a May 15 deadline, activating smart contracts and PiDex (native DEX) on the network. The upgrade introduces a Launchpad for token launches and anti-spam token vetting. All mainnet nodes must upgrade to stay connected.
Simultaneously, 184.5 million PI tokens are set to unlock in May, the largest monthly release scheduled until October 2027. The network currently has over 421,000 active nodes and more than 10 billion PI migrated to the mainnet.
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