Pundi AI has announced that $FX will be renamed to $PUNDIAI and will undergo a 100:1 token reduction. The upgrade will take place during the week of February 10, 2025. Users holding $FX tokens will have the upgrade automatically completed on the Pundi AIFX Omnilayer, and staked tokens will continue to earn rewards. On the Base and Ethereum networks, the upgrade must be completed manually or automatically via bridging back to Pundi AIFX Omnilayer. Centralized exchanges participating in the upgrade will automatically complete the token conversion, with the specific timing announced by the exchanges. Users have three years to complete the upgrade, and the upgraded $PUNDIAI tokens will not be locked or cause new token dilution. Staking platforms supporting the $PUNDIAI token include MarginX and Baklava Space.

PUNDIAI

PANews reported on January 14 that according to the official announcement of Pundi AI, the $FX token will be renamed $PUNDIAI in the week of February 10, 2025, and the token supply will be reduced by 100:1.
 • On-chain upgrade : Users holding $FX tokens on Pundi AIFX Omnilayer will automatically complete the upgrade, and staked tokens will continue to generate rewards.
 • Base and Ethereum networks : Upgrades must be completed manually or automatically upgraded by bridging back to Pundi AIFX Omnilayer.
 • Centralized exchanges : Exchanges participating in the upgrade will automatically complete the token conversion. The specific time will be announced by the exchange.
 Users have 3 years to complete the upgrade. The upgraded $PUNDIAI tokens will not be locked and will not generate new token dilution. Staking platforms that support $PUNDIAI tokens include MarginX and Baklava Space.

Pundi AI announces the renaming and reduction plan for the $FX token