DAI to USDS Upgrade - Act by May 11
Summary
In The Upside this announcement alerts members that Crypto.com is upgrading DAI to USDS. DAI deposits from Cronos Network to Crypto.com will close on May 11 and after that there will be no supported conversion path. Members are urged to convert now by sending DAI to Crypto.com to receive USDS at a 1:1 rate to avoid loss.
DAI is being upgraded to USDS on Crypto.com
DAI deposits from Cronos Network to Crypto.com will close on May 11.
After that date, there will be no supported conversion path for DAI.
To convert now:
1. Send your DAI to @cryptocom
2. Receive USDS at 1:1
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