Yes! It’s working now! I imagined that the approval would come afterwards, so that’s why.
The bridge process was a success, remarkably fast (40 seconds) on the desktop version. However, the Fx Wallet remains in the same situation.
Thanks a lot 
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I use the desktop version and it works really fast for me too!
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Hi all,
It has been 1.5 years since Proposal #45 to allocate FX liquidity on Osmosis, and we would like to share some updates regarding this matter.
With the upcoming FX redenomination, we have decided to conclude our liquidity provision on Osmosis.
This decision is based on two main reasons:
- Pundi AI (formerly Function X) is shifting its focus towards EVM chains (e.g., Base), which we believe is a more strategic move given the current market conditions.
- The price of OSMO has dropped significantly (~70%) since we initially added liquidity. Additionally, we observe declining mindshare around IBC.
The remaining FX value is roughly equivalent to the amount initially proposed ($500k), though it now represents fewer FX tokens due to the pairing token’s price drop. These tokens have been fully utilized to support user activity on Osmosis, fulfilling the objectives set out in the proposal.
Once the token redenomination is complete, we will return the tokens to EGF. I will keep you updated in this thread.
Thank you.
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I kinda regret that.
Actually, IBC is the essence of Cosmos chains (including EVM chains).
But that mod won’t change the face of earth, so…
In my opinion, any initiative helping to transfer/exchange $PUNDIAI from one chain to another should be encouraged…
Regards,
@FrenchXCore
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IBC is great, it really is.
Cosmos and Osmosis’ situation has changed alot since we last decided to tap into their liquidity… so it is what it is…
On a similar subject, @zaccheah , @orbitant, I’d love to see MarginX LPs being integrated, as well as Pundi AIFX blockchain (“FX EVM”), into Squid Router…
That would simplify everyone’s life so much !!!
Right now, exchanging between token A on blockchain 0 and token B on blockchain 1 is still a “pain in the a**” using regular token bridge.
Regards,
@FrenchXCore
Member of the Pundi AIFX validators’ community
I agree, squid router makes life easier.
Squidrouter often requires that we use their base contract for cross chain tx, that’s the “requirement” for their support. Rn for Base’s $FX contract we are using their base contract so they support us on Base.
1 Like