TechFlow reports that infrastructure provider Pundi X Labs has announced a governance proposal to merge Pundi X Chain with Function X's f(x)Core, creating the Pundi AIFX ecosystem. The new ecosystem will support chain abstraction and AI-driven DApps.
The utility of the PUNDIX token remains unchanged, while AIFX will serve as the gas token for the new network. Community voting will take place from July 31, 2024 to August 7, 2024. If approved, Pundi X will initiate the merger process, including details such as the retirement of Pundi X Chain and asset migration.
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