Pi Network has launched its Second Migration Phase, enabling verified users to transfer referral rewards to the mainnet, enhancing security and ecosystem participation. Following Pi Day 2026, this phase allows users to move additional balances, including referral mining rewards, which were previously unprocessed. Over 119,000 users have completed this phase, reflecting steady progress. The second migration phase introduces stricter KYC checks and two-factor authentication to ensure secure transfers. Users can now transfer bonuses linked to verified referrals, with final balances dependent on the number of verified team members. This phase also strengthens backend processing and security measures, ensuring funds are protected during irreversible blockchain transactions. The update has received mixed reactions, with some users expressing concerns over KYC issues, while others view it as a positive step towards rewarding long-term participation. The rollout coincides with the ecosystem's growth, including the Pi Launchpad on testnet and new app integrations, expanding Pi's utility beyond mining.