🚨 Pioneers, the new update about spending Pi to update your name for KYC doesn't mean you can go update your name and pay Pi without submitting a KYC application.

This update is for pioneers whose KYC were rejected due to name differences. After such rejection, a pioneer can then choose to update their Pi account name to match their KYC document name. This process will cause you to forfeit some Pi as a penalty.

This is what the PCT means by spending Pi to update your name.

So stop worrying about how to update your name if your KYC has not been rejected.

If you have not submitted KYC and your account name does match your KYC name, you should go ahead to apply for KYC like that, whenever you are able to. When your KYC is rejected, you can then spend Pi to update your name.

#pinetwork