The team at Pi Network have released a statement distancing themselves from the recent listing of the Pi/USDT trading pair on Huobi. The Pi Network team stated that the project is yet to be affiliated with and has not authorized any exchange listing, as seen in the tweet below.
Pi is in Enclosed Mainnet with no external connectivity permitted. Pi Network isn’t affiliated with and hasn’t authorized any exchange listing. Such listings may not operate on real Pi. Participation may result in loss. Trust only official Pi channels: https://t.co/BZtL2zQOrj
— Pi Network (@PiCoreTeam) December 29, 2022
Exchanges Should Delist Pi
In an additional statement, the team at Pi Network added reiterated that Pi is an enclosed network and was yet to be approved for listing on any exchange. Therefore, any token listing should be rolled back, and traders should be careful when trading any Pi Network-affiliated digital asset on any exchange.
They said:
Currently, Pi Network recommends to all Pioneers and potential Pi users not to engage with any of these exchanges or third party actors as their actions are not affiliated with Pi Network, and could result in substantial loss or damage to Pi users.
Pi Network is also requesting these posts and exchange listings removed, and evaluating additional actions with respect to the third parties and exchanges. In the interim, it is important to reiterate that the transaction of Pi through an exchange is explicitly prohibited during the Enclosed Mainnet period, and doing so would be a violation of Pi’s policies.
Huobi Lists Pi/USDT, Justin Sun Asks if It Was a Good Idea
Pi Network’s statements against unauthorized token listings come after Huobi announced that it was listing Pi on December 29th. The exchange added that it would disable deposits and withdrawals of Pi until its mainnet launch.
However, the Pi Network team and community feedback regarding the listing has prompted Justin Sun to tweet a poll in which he asked whether the listing of Pi was a good idea.
#Pi Token community, we need your help! Join the feedback poll here. Cast your vote and let us know if you think we've done a good listing. Your thoughts matter to us. Is the listing of Pi token a good decision?
— H.E. Justin Sun 孙宇晨 (@justinsuntron) January 1, 2023
At the time of writing, those for the listing have a slim 4% majority. Of the almost 18k participants of the poll, 52% are for the listing of Pi/USDT, whereas 48% are against it.
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