Pundi X will upgrade Single Collateral DAI to Multiple-Collateral DAI

Pundi X (writers)
Nov 18 · 1 min read

Dear Pundians,

Maker has launched the multi-collateral DAI stablecoin on 18 November, 2019. Its existing single-collateral DAI is now named SAI and DAI to be multiple-collateral.

Following the announced instruction, Pundi X will support the upgrade of all existing single-collateral DAI to multiple-collateral DAI. During the transition period from now till 2 December 2019, we will temporarily suspend the deposit and withdrawal of DAI in XWallet and XPASS card from other wallets to avoid the possible loss of the tokens.

Deposit and spend DAI via XPOS will be functioning normally as well as using DAI to make internal transfer or sending crypto gifts to your Telegram contacts.

For more information about the launch of multi-collateral DAI, you can refer to https://blog.makerdao.com/what-to-expect-with-the-launch-of-multi-collateral-dai/

Pundi X

Pundi X is a leading developer of blockchain-powered devices, including the world’s first point-of-sale solution, the XPOS, which enables merchants and consumers to do transactions on the blockchain in physical stores.

Pundi X (writers)

Written by

Writers for Pundi X: https://medium.com/pundix

Pundi X

Pundi X

Pundi X is a leading developer of blockchain-powered devices, including the world’s first point-of-sale solution, the XPOS, which enables merchants and consumers to do transactions on the blockchain in physical stores.

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