What you need to know

DAI → USDS migration is in progress

DAI is being rebranded as USDS (Sky Dollar) as part of MakerDAO’s transition to the Sky ecosystem. Most major platforms, such as Binance, have already begun replacing or delisting DAI.

To make the transition smooth and safe for our users, NC Wallet currently supports both tokens at the same time.

During the migration period:

DAI and USDS balances are shown separately
Send, swap, and deposit are fully available for both tokens

What’s next?

We’re closely monitoring the migration and will keep you informed every step of the way. You won’t miss a thing!

About USDS

USDS is simply the next version of DAI under a new name and ecosystem. It is still a stablecoin pegged to 1 US dollar, but it is now part of the Sky ecosystem.

The update improves flexibility and scalability, and is designed to support a more modern, multi-chain DeFi environment.

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