Dear LBank users,

 

At the request of the DAI official, LBank will support the upgrade of DAI. The token’s full name has been changed to USDS, and its abbreviation has been changed to USDS. The specific arrangements are as follows:

 

LBank has suspended the deposit, trading and withdrawal of the old DAI at 04:00 on April 1, 2026 (UTC).

 

Before 04:00 on April 1, 2026 (UTC), LBank captured a snapshot of users' previous DAI assets. Following a 1:1 ratio, a token conversion will take place, and your assets will be upgraded to new USDS assets.

 

The address of the new USDS contract is: https://etherscan.io/token/0xdc035d45d973e3ec169d2276ddab16f1e407384f

 

⚠️Note:

After the upgrade, LBank will no longer support the deposit and withdrawal of the old DAI. Please make sure to operate at the right address to avoid unnecessary losses. Otherwise, it will not be retrieved!

 

New USDS will be arranged as follows:

Start Deposit: 08:00 on April 12, 2026 (UTC)

Start Trading: 08:00 on April 13, 2026 (UTC)

Start Withdrawal: 08:00 on April 14, 2026 (UTC)

 

Thank you for your support!