Mint-to-Earn Strategy

To encourage early adoption and liquidity, Pi Protocol offers a “Mint-to-Earn” incentive model. Here’s how it works:

• Users who mint USP by depositing RWAs are rewarded with USPi tokens, the protocol’s governance and reward token.

• These rewards are proportional to minting activity, helping bootstrap liquidity without inflation or yield dilution.

• The more USP a user helps introduce into the ecosystem—and the more they participate in staking or using it in DeFi—the more USPi they earn.

This structure ensures that the people helping the protocol grow—by supplying collateral and circulating USP—are also the ones who benefit from its long-term success. It also gives users governance rights, allowing them to vote on vault settings, fees, or reward distribution.
Over time, Mint-to-Earn becomes a mechanism to decentralize control and distribute ownership across the most engaged users of the platform.