Pundi AI announces $FX will be renamed to $PUNDIAI, undergoing a 100:1 token reduction
According to the official announcement from Pundi AI, $FX tokens will be renamed as $PUNDIAI during the week of February 10, 2025, and a token supply reduction of 100:1 will take place.
• On-chain upgrade: Users holding Pundi AIFX Omnilayer's $FX tokens will automatically complete the upgrade. Staked tokens will continue to generate rewards.
• Base and Ethereum networks: The upgrade needs to be completed manually or through bridging back to Pundi AIFX Omnilayer for automatic upgrading.
• Centralized exchanges: Exchanges participating in the upgrade will automatically convert tokens. Specific timing is subject to exchange announcements.
Users have three years to complete the upgrade. After upgrading, $PUNDIAI tokens are not locked up and won't cause new token dilution. Platforms supporting staking of $PUNDIAI include MarginX and Baklava Space.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Bitcoin Poised to Reach $125,000 Based on Short-Term Holder Cost Basis
U.S. Spot Ethereum ETFs Saw Net Inflow of $6.22 Million Yesterday
Solana Ecosystem Advisor Nikita Bier Joins X as Head of Product
Data: Bitcoin rose 31.41% in the second quarter
Trending news
MoreCrypto prices
More








