In addition to providing a clear answer to my question about unpausing the smart contract to allow Coinbase users to move their tokens off the exchange, it would also help greatly if someone from the project team could make an official post on this on social media. In one breath you are saying the team is working with the exchange to find a solution, but then you are saying at this point it is up to Coinbase. Meanwhile Coinbases position has not changed, they are clearly directing token holders to Pundi AI for answers. We deserve them.
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pointless giving answers when none are good enough, the project can only give the exchange ways to resolve the situation. itâs still up to the exchange to act on the instruction. why would pundi want to upset itâs people.
Trust me your answers will be good enough once action is taken. But blaming Coinbase isnât good enough because Coinbase is clearly blaming you while nothing is getting done.
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well iâm not the project, and my answers are only as much as i understand the situation, But if you want to blame someone blame the dam hacker that messed things up, security is number 1 or everyone looses, again the project is about making sure you get your funds due, there is no advantage for them for any less a result, and again if the exchange had done the swap in a timely fashion we wouldnât be in the situation.
âFailures in transfers may stem from the project teams decision to disable the smart contract which also led to its delistingâ. So I ask again, when will the smart contract be enabled so holders can transfer their funds out of Coinbase?
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again I asked for a response, they will give it when they have one for you
Hi,
We have proposed solutions to Coinbase to solve this issue. This solution has been sent to them prior to their first announcement regarding trading pause.
We are still waiting for Coinbase for the final decision. We cant do anything on our end before receive any confirmation from Coinbase, because it is the users data on their platform.
I hope you understand, we also want this case to be solved asap.
Thanks.
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Indra,
Why is the smart contract still disabled?
This is what is preventing us Fx holders on Coinbase to withdraw our Fx tokens.
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the answer is in the response above your question, please try to understand it.
No there is no information in that response that answers my question.
I have been in contact with the upper management of Coinbase and they repeatedly tell me that they have no plans to change their stance on Fx and they advise me to move my tokens off the exchange. Which I cannot do because the Fx group refuses to enable the smart contracts.
So my question is still unanswered. Why is the Fx group refusing to enable the smart contract so that we can move our tokens off the exchange.
It is very easy for you to tell me to be patient and understand. You donât have thousands of hard earned money in Fx tokens stuck on an exchange. I trusted the Fx group and supported it. But now this is how we Fx token holders on Coinbase are being deserted.
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Im confused⌠who Designs & Deploys the Swap Contract?
The project team (Function X / PundiAI) creates and deploys the smart contract.
They decide its logic (e.g., 100:1 swap) and must ensure itâs secure, audited, and functioning.
If the contract has a bug or is exploited (as happened here), the project bears responsibility for the technical failure.
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Once transfers were disabled, FX tokens couldnât move on-chain â meaning Coinbase couldnât settle deposits, withdrawals, or internal trades. If FX canât move on-chain, Coinbase canât bring in new liquidity or send withdrawals out.
Coinbase halted trading because FX was technically non-transferable, making normal market operations impossible and legally risky.
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Coinbase is protecting itself. Theyâd rather freeze FX than risk the liability of converting into a token they donât list.
If they initated the swap theyâd âownâ the decision and could be blamed for valuation loss or custody issues of an unlisted token.
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I am in the same boat as many of the other users here. My FX is frozen on Coinbase and I canât do anything about it. I have been in contact with multiple different people at Coinbase as I have special contacts there from being a top trader, and they have made it very clear that the problem lies with the project team. âLKYBOBâ is providing blatantly incorrect information; there is currently no way to get your FX out of Coinbase so that you can swap it for PUNDI. Your money is frozen, and unless the project team eventually does something about it, nothing will change.
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The reason is the project doesnt want to enable transfers; they wanr to force coinbase to do a swap to PUNDIAI.
The project gets to consolidate liquidity under one new token.
Fx investors get forced dilution and liquidity theft. But who cares about them.
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your all still ignoring the answer from the project staff which endorses every thing Iâve said, CoinBase have been given solutions, itâs up to them to action it, they are the oneâs in control of the funds. Fx-pundiai swap bug and response ( NOT PUNDIX) - #71 by indra
Not a single person at Coinbase has told me anything about âconsideringâ proposals from the project staff. Their response indicates that this is entirely in the hands of the project team. I donât think Coinbase plans to do anything at all. I hope Iâm wrong.
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stop writing your own FUD, you sound more like a project destroyer full of BS, the project makes no gain out of the exchange not allowing you access to your funds.