SLICE Tokens from Pi Network’s Second Testnet Have Been Distributed: Details for PI Users

Pi Network has completed the distribution of SLICE, its second Launchpad Testnet token, giving PI users a practical way to explore token allocation, liquidity pools, swaps, and automated pricing.

The update has attracted attention because more than 242,000 participants joined the test. However, users should understand that SLICE is an educational Testnet asset, not a Mainnet investment.

It will not migrate to Mainnet, and any website or account presenting it as a valuable external token should be checked carefully.

Key Takeaways

• Pi Network distributed 10 million SLICE Testnet tokens after more than 242,000 Pioneers committed 15.92 million Test-Pi.
• SLICE is connected to the Slice of Pi game and helps test engagement bonuses, liquidity pools, swaps, and automated market maker pricing.
• SLICE will remain on Testnet and will never move to Mainnet, so it should not be treated as a real-money investment.

PI Network SLICE Token Distribution: What Happened?

(image source: coinsprobe)

Pi Launchpad completed the Slice token distribution after a participation period running from June 11 to June 28, 2026. According to Pi Network, more than 242,000 Pioneers committed 15.92 million Test-Pi toward the acquisition of 10 million SLICE Testnet tokens.

The distribution marks the post-launch stage of Pi Network’s second Launchpad experiment. Participants can now review their allocations and explore how the token behaves inside a simulated decentralized finance environment.

SLICE Distribution by the Numbers

• Participating Pioneers: More than 242,000
• Test-Pi committed: 15.92 million
• SLICE tokens distributed: 10 million
• Participation period: June 11 to June 28, 2026
• Connected application: Slice of Pi
• Network status: Testnet only

These figures describe activity within Pi Network’s testing environment. They should not be interpreted as Mainnet trading volume, real investment demand, or a market valuation for SLICE.

What Are SLICE Tokens from Pi Network?

(image source: coinsprobe)

SLICE is Pi Network’s second Launchpad Testnet token. It was created to test ecosystem token mechanics before similar tools are considered for a future Mainnet version of Pi Launchpad.

Unlike the first test token, SLICE is linked to Slice of Pi, a working third-party game in the Pi ecosystem. This connection allows Pi Network to test whether real application activity can influence token allocations through an engagement bonus system.

Why the Slice of Pi Connection Matters?

The engagement bonus is intended to reward participants who use the connected application rather than only committing Test-Pi. For the SLICE test, Launchpad calculated the fair-access hold automatically and applied engagement benefits as a percentage increase to the SLICE allocation.

This model allows the development team to examine how application usage, token distribution, and user incentives interact. It also supports Pi Network’s stated product-first approach, where ecosystem tokens are expected to support access, payments, rewards, engagement, or governance.

How the PI Network SLICE Liquidity Pool Works?

The SLICE liquidity pool contains two Testnet assets: SLICE and Test-Pi. Participants can swap between them through an automated market maker, commonly called an AMM.

Instead of matching every buyer with an individual seller, the AMM calculates prices from the amount of each asset held in the pool. When users acquire SLICE, Test-Pi enters the pool and SLICE leaves it.

This can increase the displayed SLICE price because fewer SLICE tokens remain available in the pool.

When users swap SLICE back into Test-Pi, the opposite happens. SLICE is added to the pool, Test-Pi is removed, and the displayed SLICE price may decrease.

The Constant-Product Formula

The liquidity pool uses a constant-product model:

SLICE reserve × Test-Pi reserve = constant product

The system adjusts the balance of both assets during each swap so that their product remains constant before fees. This gives participants a direct demonstration of how supply, demand, liquidity, and trade size can affect decentralized token pricing.

What the New SLICE Price Chart Shows?

Pi Launchpad now includes a live chart showing the price of SLICE relative to Test-Pi. The chart reflects activity inside the Testnet liquidity pool rather than an external exchange market.

Participants can use the Launchpad interface to view:

• Their individual SLICE allocation
• The launch price and effective allocation price
• Access to the SLICE and Test-Pi liquidity pool
• Price changes caused by Testnet swaps
• Engagement bonus information

The feature completes the learning process by allowing users to observe how their own swaps and other participants’ activity affect AMM-based pricing.

Is the SLICE Token Safe or Valuable?

SLICE is not a Mainnet crypto asset. Pi Network states that it exists only on Testnet and will never migrate to Mainnet. It should therefore be viewed as an educational token used to test Launchpad functions, not as an asset with confirmed financial value.

Users should be cautious if someone offers to sell SLICE for cash, asks them to transfer it to an external wallet, or promises a future Mainnet conversion. Those claims would conflict with Pi Network’s official explanation.

To reduce risk, Pioneers should:

• Access SLICE only through the official Pi Launchpad in Pi Browser.
• Never share a wallet passphrase or private key.
• Avoid unofficial SLICE contracts listed on other blockchains.
• Confirm announcements through Pi Network’s official channels.
• Remember that Test-Pi and SLICE are used for testing, not guaranteed profit.

What SLICE Distribution Means for PI and Future Mainnet Launches?

The SLICE distribution gives Pi Network operational data about token commitments, engagement bonuses, user allocations, liquidity pools, swaps, and price tracking.

It also gives Pioneers a controlled environment in which to learn DeFi mechanics before real value may be involved. However, the SLICE test does not guarantee that future Mainnet launches will succeed or that the market price of PI will rise.

Its immediate purpose is product testing and education. The longer-term importance will depend on whether Pi Network uses the feedback to build secure, useful, and transparent Mainnet Launchpad services.

Conclusion

The Pi Network SLICE token distribution has been completed, with more than 242,000 Pioneers committing 15.92 million Test-Pi for 10 million Testnet tokens.

Participants can now review allocations, use the liquidity pool, perform swaps, and follow SLICE pricing through the new Launchpad chart. The most important point is that SLICE is an educational Testnet token and will never migrate to Mainnet.

PI users should explore it only through official Pi Network tools, avoid claims of external monetary value, and use the experience to understand how future ecosystem token launches may operate.

Readers following developments around PI and other crypto ecosystems can explore market information through the Bitrue Exchange and find additional educational updates on the Bitrue Blog.

FAQ

What is the SLICE token on Pi Network?

SLICE is Pi Network’s second Launchpad Testnet token, created to teach users about token allocation, engagement bonuses, liquidity pools, swaps, and automated pricing.

How many SLICE tokens were distributed?

Pi Network distributed 10 million SLICE Testnet tokens after more than 242,000 Pioneers committed 15.92 million Test-Pi.

Can SLICE be converted into PI or moved to Mainnet?

No. Pi Network states that SLICE will remain on Testnet and will never migrate to Mainnet.

How can Pioneers access their SLICE allocation?

Pioneers can open Pi Launchpad through the official Pi Browser to view their allocation, effective price, liquidity pool access, and price chart.

Does the SLICE token distribution affect the market price of PI?

The distribution does not guarantee a change in PI’s market price because SLICE is a Testnet asset designed primarily for testing and education.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.