#Cryptocurrency #Singapore #AB DAO #NewPay

AB DAO Unveils NewPay 1.9.0 and Invites Users to Claim 65 Million AB

AB DAO has officially launched NewPay version 1.9.0, marking a pivotal update aimed at improving both user experience and the overall functionality of its ecosystem. This upgrade comes alongside a significant call to action for approximately 21,989 users to claim a total of 65 million AB tokens, formerly known as NEW tokens.

Key Features of NewPay 1.9.0

The latest version of NewPay introduces several enhancements:

• - Renamed Tokens: All NEW tokens are now referred to as AB, aligning with AB DAO's branding strategy.
• - Updated Wallet Display: Users will notice a refreshed interface where all assets are displayed, while existing token balances remain unchanged.
• - Token Unlocking: It’s important to note that token unlocking for DAO PoS mining was terminated as of February 1, 2025. Related earnings have now been settled, and users are encouraged to unlock their tokens in the DAO promptly.

Availability of the Update

The update is now available for Android users, with the necessary patches pushed through the Google Play Store. iOS users can expect the update to be available shortly, pending approval from the App Store.

Global Recall Campaign for NEW Token Holders

In a strategic maneuver, AB DAO has launched a recall campaign to assist NEW token holders in converting their tokens effectively. The initiative aims to recover approximately 65.3 million NEW tokens that were stranded due to users' inability to complete their cross-chain conversions before the shutdown of the BNB Beacon Chain.

The total figure of affected holders is reported at 21,989, which includes:
1. Holders of 1,000,000+ NEW tokens: 82 holders
2. Holders of 100,000+ NEW tokens: 1,423 holders
3. Holders of 10,000+ NEW tokens: 7,254 holders
4. Holders of 1,000+ NEW tokens: 1,395 holders

Claiming Your AB Tokens

To reclaim your tokens, follow these detailed steps:
1. Visit the designated cross-chain conversion page.
2. Connect your wallet by clicking on the appropriate button.
3. Input the receiver address in AB format.
4. Confirm your receiver address and sign off the process.
5. Wait for completion—the process typically takes about 7 days. Upon completion, tokens will be migrated directly to the provided address.

Important Notes:

• - The cross-chain transfer system is designed based on the BNB Beacon Chain Token Recovery Tool and is compatible exclusively with the BNB Chain Wallet and Trust Wallet Extension.
• - Users with fewer than 101 NEW tokens will not be supported for these transactions.
• - Each transaction will incur a fee of 100 NEW tokens.
• - Ensure your AB address is entered correctly when proceeding with this process.

Expanding the Global Trading Network

As part of its ongoing expansion strategy, AB DAO is enhancing its global trading network. $AB is now available for trade on several exchanges, including Bitget, MEXC, and BingX, among others. Plans are underway for future listings and the development of ecosystem applications to bolster worldwide adoption of their platform.

Stay Informed with AB DAO

For the latest updates and community engagement, users can visit AB DAO's official website and join their Telegram community. Social media channels such as X (formerly Twitter) and Discord offer additional platforms for news and support.

In summary, the release of NewPay 1.9.0 represents a significant leap for AB DAO, providing essential updates while actively seeking to integrate former NEW token holders back into the ecosystem. The commitment to facilitating the recovery of assets and enhancing the user interface underscores AB DAO’s mission of fostering a seamless and efficient cryptocurrency experience.