Crypto.com Supports DAI to USDS Token Swap and Rebrand
Crypto.com Supports DAI to USDS Token Swap and Rebrand
đ DAI Becomes USDS
Crypto.com is facilitating the transition from DAI to USDS tokens as part of MakerDAO's rebranding initiative.
Key Details:
- DAI trading, deposits, and withdrawals remain available until April 10
- After April 10, all DAI services will be permanently suspended
- The 1:1 token swap from DAI to USDS will occur automatically at a later date
- No action required from users
- USDS trading and services will be enabled after migration completes
A separate announcement will follow once the token migration is finalized and USDS becomes available on the platform.
đ¨ Crypto.com is supporting the Dai ($DAI) token swap and rebranding to USDS ($USDS) đ¨ â Trading, deposits, and withdrawals of DAI will remain available in the App and on the Exchange until April 10, after which they will be permanently suspended @MakerDAO
âšī¸ A separate announcement will be made when the token migration is complete and when USDS trading, deposits, and withdrawals are enabled đĄ The 1:1 reissue of $DAI to $USDS is expected to take place at a later date. No action is required from users. Full details đ
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