Major Announcement for PIN Holders
Today we are sharing an important update about the future of PIN and the next phase of the PIN Network ecosystem.
From Monday 22 December 2025, PIN will become exclusively available within the PIN Network App. Support for the Polygon version of PIN will be phased out.
This is a major milestone designed to strengthen long term stability, protect holders, and ensure PIN remains secure, reliable, and ready for future growth.
Why we are making this change
Over the past two years, the Polygon network has not consistently delivered the reliability required for the long term health of PIN. Periods of congestion, unstable performance, and network delays have impacted bridging, deposits, and the ability for new holders to acquire PIN efficiently.
To protect the future of the ecosystem and support sustainable growth, we believe the best path forward is to make PIN exclusively available within the PIN Network App.
This change delivers several important benefits.
Better long term stability
Moving away from Polygon removes reliance on an external chain that has historically under-performed, creating a more stable foundation for the future of PIN.
Lower costs
Users will no longer be required to pay Layer 1 gas fees, third party fees, or bridging costs.
Improved security
By removing the Layer 1 dependency, we can better protect liquidity, pricing integrity, and the full PIN lifecycle.
Better user experience
Most users already interact with PIN directly inside the App. This change removes the need for DeFi processes, self custodial wallets, slippage, swapping, and unpredictable network conditions.
Freedom to develop new features
Hosting PIN exclusively within the PIN Network unlocks the ability to build new features, rewards, and enhancements that are not possible across external chains.
BTC backed and App exclusive
As part of this transition, PIN Token will move to a BTC backed liquidity model and will be available exclusively within the PIN Network App. This change removes reliance on external Layer 1 networks and supports a more controlled, secure, and resilient operating environment for the PIN ecosystem.
PIN will continue to function as the native settlement and utility token of the PIN Network, supporting payments, staking, trading, and other core network features within the App.
PIN is already the native currency of the PIN Network.
What is changing is where it will be available.
From December, PIN will only be accessible inside the PIN Network App.
What this means for the future of PIN
PIN will continue to operate as the currency that powers payments, staking, trading, rewards, and other ecosystem features within the PIN Network. Its purpose and functionality remain unchanged.
This change positions PIN for a stronger and more secure future.
Staking remains exactly the same
Your current staking benefits will not change.
• Same APY
• Same one year lock period
• Same 2x staking value
• Same long term growth structure
Staking will continue to operate as normal alongside our existing staking platform and the PIN Network App.
Liquidity becomes safer and more controlled
Liquidity will be migrated away from Layer 1 environments to prevent manipulation and protect holders from extreme price exposure. Pricing will no longer be influenced by external DEX conditions where sudden liquidity shifts or opportunistic trading can negatively impact long term holders.
This approach ensures the ecosystem remains healthy, fair, and sustainable.
If I hold PIN, what do I need to do?
If you hold PIN inside the PIN Network App
You do not need to take any action.
Your PIN will remain in your account and will transition automatically in the background.
If you hold PIN on Polygon (Layer 1)
You will need to migrate your PIN into the PIN Network App before the migration window closes.
Steps to migrate:
Create a support ticket at https://support.payitnow.io
Provide your external wallet address where your Layer 1 PIN is currently held
Our team will verify that your PIN was purchased prior to 21 December 2025
Once confirmed, the PIN Team will manually credit your PIN Network App account with the equivalent amount of PIN
Your balance will appear in the App shortly after processing
Once your PIN is in the App, you are fully prepared for the transition.
Important note: Six month migration window
There will be a strict six month period for all Layer 1 holders to migrate their PIN and notify Pay It Now that they still hold PIN on Polygon.
After this six month window closes:
• Bridging PIN into the App will no longer be possible
• Layer 1 PIN will no longer be sellable or swappable
• Polygon liquidity will be permanently removed from the smart contract
• There will be no option to migrate PIN afterward
• No extensions will be granted
Six months provides sufficient time for holders to either migrate or sell their PIN. This deadline is essential to prevent attempts to exploit pricing once liquidity has been withdrawn.
Manual requests during the migration window
During the six-month migration period, the following actions will require manual review and approval.
• Bridging Layer 1 PIN into the App
These manual options are available only during the six-month window. After this period closes, manual requests will no longer be accepted and there will be no further opportunity to move or trade Layer 1 PIN.
Why approval is required?
We must confirm that PIN was acquired in good faith and not purchased after Layer 1 liquidity has been removed on or after 21 December 2025.
Without this safeguard, it would be possible to:
• Acquire PIN at an artificially low price
• Transfer it into the App
• Sell it at a significantly higher internal price
• Undermine the value held by existing PIN holders
This process ensures fairness and protects the long-term health of the PIN ecosystem.
When will the migration happen?
The migration will occur between 21 December 2025 and 23 December 2025.
The exact day will depend on development availability and market conditions.
The upgrade will happen automatically in the background. No action is required unless you still hold PIN on Polygon.
Next steps and what to expect
Liquidity removal from Quickswap
Liquidity at the following contract address:
0xA2C638b78783E9aFe26a16EC8b11DE54Eb169360
will be withdrawn ahead of the migration.
Liquidity redeployment inside the PIN Network
Once migration is complete, PIN trading will resume exclusively within the PIN Network App. Liquidity will be re established inside the PIN Network using BTC liquidity pairs.
Live monitoring and transparency
We will release a Dex Screener style monitoring page allowing the community to track the transition in real time.
You will be able to view:
• Liquidity being removed from Polygon
• Liquidity withdrawn from the existing contract
• Liquidity redeployed to BTC within the PIN Network
This ensures transparency throughout the entire migration process.
Frequently Asked Questions
Will PIN still be available on Quickswap?
No. Liquidity will be removed and PIN will no longer be tradeable on Polygon.
Can I unbridge PIN after the migration?
No. Once the transition is complete, PIN will only be available inside the PIN Network App.
What happens on CoinGecko or CoinMarketCap?
PIN will remain listed, however pricing data will no longer update as PIN will operate within a closed ecosystem.
Why do manual requests require approval?
Approval ensures PIN was acquired legitimately and not at an unfair price after liquidity removal, protecting long term holders.
What value will I receive if my request is approved?
You will receive a 1 to 1 equivalent based on your holdings and the internal PIN price at the time your request is processed.
Why was PIN recently disabled in the App?
PIN was temporarily paused while we reviewed the safest long term model and prepared for this migration. Trading will resume once the upgrade is complete and liquidity is stable.
Why does this feel sudden with limited notice?
The majority of PIN is already either staked or held within the PIN Network App. Very few holders are impacted. Acting now prevents further accumulation of Layer 1 PIN and reduces complexity for the community.
Why December, and so close to Christmas?
This move was long overdue. With trading paused and updates pending, it was important to provide clarity and a clear path forward so holders can resume buying, selling, and trading PIN with confidence.
Where to ask questions
Please raise a support ticket at https://support.payitnow.io
Alternatively, you can ask questions in the PIN Telegram group at t.me/PayitNow_PIN and the team will respond as soon as possible.
Important: Investing in cryptocurrencies carries inherent risks, and there are no guarantees of returns. it is crucial to exercise caution and conduct thorough research before making any investment decisions. Please be aware that the information provided here is for educational and informational purposes only and should not be considered as financial or investment advice.
