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.