Pi Network Rolls Out New Test Token Ahead Of Pi2Day

Pi Network Iterates on Launchpad After Massive First Test

Pi Network (@PiCoreTeam) has launched a second Launchpad test token, SLICE, as the project refines its ecosystem token mechanics ahead of Pi2Day on June 28, 2026. The move follows the conclusion of the network's first Launchpad experiment, which attracted over 478,000 participating Pioneers who staked a total of 36.05 million Test-Pi, with over 198,000 Pioneers committing 14.72 million Test-Pi toward token acquisition for 10 million IRRA tokens.

Pi Launchpad has updated its participation flow and model, incorporating data and feedback from the first Testnet token, IRRA, that launched on Pi Day 2026. The purpose of the test token launches is to introduce Pioneers to new ecosystem token mechanics and to educate the community on how to participate in decentralised finance (DeFi) mechanisms, while collecting feedback to help improve and refine the Launchpad design ahead of its Mainnet version.

What SLICE Is and How It Works

The second Testnet token SLICE is now live, connected to a real working app called Slice of Pi, and is open for participation until Pi2Day, June 28, 2026. Crucially, SLICE is a Testnet token only and will never migrate to Mainnet, existing purely to test the new flow and gather real engagement data before the eventual Mainnet Launchpad launch.

One of the key improvements in this iteration is how token allocations are distributed. A new Fair-Access Hold mechanism scales the required hold proportionally with commitment size, preventing whale dominance and giving smaller Pioneers a fairer allocation opportunity. The updated system focuses on Test-Pi commitment amounts, allowing participation requirements to be calculated automatically for a more streamlined process.

Pioneers who want to participate need to open the Pi Browser and access Pi Launchpad. They can then choose a commitment amount in Test-Pi, confirm their participation, and engage with the Slice of Pi app.

The broader context matters here. The rollout comes as the native $PI token continues to struggle near all-time lows after weeks of heavy market-wide selling pressure. Still, the updated Launchpad creates a clearer path for developers to introduce ecosystem tokens tied to real products, while the SLICE test provides valuable insights into user behaviour, token distribution models, and engagement mechanisms.

Sources:
Pi Network Official Blog: Launchpad Updated Participation Flow
BeInCrypto: Pi Network Launches SLICE Test Token
CoinFomania: Pi Network Launchpad SLICE Token Update