A New Era Begins January 2026
The evolution of Pundi AI has been defined by innovation and a commitment to building decentralized infrastructure for AI, payments and blockchain applications. Launched in 2021 as Function X with its own Pundi AIFX Omnilayer (previously f(x)Core blockchain), the ecosystem has demonstrated how interoperability, onchain governance, and validator participation could be implemented on a purpose-built network. After four years of building and iteration, it has become clear that the path forward lies in deeper integration with the broader blockchain economy. Beginning in 2026, we will migrate entirely to Ethereum.
Why Ethereum?
The decision to migrate is driven by a recognition of Ethereum’s unparalleled scale and transparency. Ethereum secures more than $500 billion in onchain assets and accounts for over 60% of the total value locked (TVL) in decentralized finance, making it the largest and most trusted blockchain ecosystem. According to a report by Messari, Ethereum consistently processes over 1 million transactions daily, while supporting the vast majority of decentralized applications, governance frameworks, and tokenized assets. By moving into this ecosystem, Pundi AI gains access to global liquidity, well-established governance tools, and the credibility that comes from operating on the world’s most widely used blockchain.
Governance, which has until now operated exclusively on our own chain, will transition to Ethereum through decentralized autonomous organization (DAO) frameworks such as Snapshot. This transition strengthens transparency and broadens accessibility for the community, while also bringing Pundi AI in line with governance models widely adopted by leading centralized exchanges.
The shift also promises to transform liquidity and market access. According to DeFiLlama, Ethereum alone hosts more than $80 billion in decentralized exchange liquidity. Yet the liquidity landscape extends far beyond Ethereum mainnet and extends into Ethereum’s Layer 2 and EVM ecosystems. $PUNDIAI is already supported by major bridges like Squid and Axelar, allowing users to move tokens quickly and easily across different networks. This makes $PUNDIAI more accessible and liquid in the growing multichain ecosystem.
Timeline of migration
The migration is structured to ensure users can transition smoothly without losing access to their tokens or liquidity.
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Phase 1 - now till 1st March 2026: Users bridge tokens out from Pundi AIFX OmniLayer manually. This includes delegated tokens, assets held in Pundi AIFX Classic, PundiXChain, and other DApps such as MarginX. To encourage users to bridge out, the block reward will be set to zero through governance proposals before the conclusion of Phase 1.
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Phase 2 - After 1st March 2026: Bridge will be closed and chain shutdown. A governance proposal will be initiated to close the chain.
It is important that users withdraw all their assets by the end of Phase 1. Feedback and suggestions are welcome in this thread.