Pundi X
Published in

Pundi X

“Hello World” Pundi X Chain is LIVE.

A new era begins as Pundi X Chain goes live.

While the chain is launched, we are just past the halfway mark and we’re ahead of schedule in accomplishing these Pre-Launch and Launch milestones:

  • Set up of Pundi X Chain initial validators
  • Activation of its genesis block and successfully launched Pundi X Chain
  • Set up of inter-blockchain communication between f(x)Core and Pundi X Chain.
  • Upgraded f(x)Wallet app
  • Activated PUNDIX token ERC-20 <-> Function X full cross-chain functionality
  • Added Pundi X Chain module, supporting Pundi X token delegation, un-delegation, and reward transfer.
  • Added FX Explorer’s support for Pundi X Chain transactions
  • governance voting is activated (for governance voting stuff please read on).
  • First governance voting active with the BSC cross-chain proposal for f(x)Core so that Pundi X Chain can link up with BSC

Important points

  1. Right now although users are able to delegate $PUNDIX tokens into Pundi X Chain to secure the network but we encourage users to wait until an official guideline article. We aim to publish before 2:00 pm GMT+8 on 14th October. If you want to delegate, please note that it will take 21 days to unlock your un-delegated Pundi X tokens. This is the same as FX Core.
  2. Please DO NOT perform cross-chain into BSC, Polygon or TRON yet, they are unstable.
  3. The APY on display is INCORRECT as there is no price available to indicate the value of the PURSE token.
  4. DYOR.

Some works to do during the post launch period.

  • BSC cross-chain governance voting takes 14 days, once and if approved, we will activate BSC cross-chain functionality. FX delegators can vote the proposal at https://explorer.functionx.io/fxcore/proposals/1
  • Activate PURSE token BSC <-> Function X full cross-chain functionality
  • Develop and test DeXPOS module

The launch of the Pundi X Chain is a significant milestone in the evolution of our vision for a decentralized ecosystem. In a supporter’s words “#PundiX has evolved from a sleek Point-of-Sales project in 2017 to a dedicated payment blockchain ecosystem in 2021.”

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Zac Cheah

Zac Cheah

CEO & Co-Founder Pundi X, Creator Function X