FET will conduct the first phase of the merger with AGIX and OCEAN tokens today at 23:00

2024-07-01 16:18:48

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ChainCatcher news, SingularityDAO posted on X that at 23:00 today, FET will initiate the first phase of the ASI token merger plan with AGIX & OCEAN.

AGIX and OCEAN will first be exchanged for FET starting from July 1, and then transitioned to ASI tokens.

The first phase is planned to be implemented on July 1, 2024, with the migration platform for AGIX and OCEAN to FET open on the SingularityDAO dApp, allowing holders to convert their tokens to FET. The conversion rate is 1 AGIX for 0.433350 FET and 1 OCEAN for 0.433226 FET.

The second phase involves cross-chain deployment of ASI tokens, upgrading the FET network to the ASI network, opening migration contracts from FET, AGIX, and OCEAN to ASI, enabling EVM and other bridges, and starting the transition of the trading platform from FET to the ASI spot market.

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