$FET, $AGIX, and $OCEAN Announce Transition Details Upcoming Token Merger
The first phase of the token merger involving $FET, $AGIX, and $OCEAN will commence. During this phase, all tokens will migrate into $FET, ensuring uninterrupted operations as the migration proceeds. The conversion ratios for the tokens are set at 1 OCEAN = 0.433226 FET and 1 AGIX = 0.433350 FET.
Exchange Integration and User Actions
While not all exchanges will be onboarded immediately, they will be integrated in subsequent phases. To facilitate a smooth transition, users are encouraged to transfer their OCEAN or FET from Coinbase to a secure, self-custody wallet on Ethereum. This step will ease the migration process once their preferred exchange is onboarded. Users can refer to the comprehensive guide provided by the project for detailed migration guidelines.
Starting July 1, $AGIX and $OCEAN will merge into $FET, with $FET trading remaining uninterrupted and not subject to delisting. The project will also rebrand to the Artificial Superintelligence Alliance on major platforms like CoinMarketCap and CoinGecko.
Concurrently, $AGIX and $OCEAN deposits and withdrawals will be closed on most exchanges, initiating their delisting process, while $FET deposits and trading will continue without disruption. The on-chain token migration platform will be accessible on the SingularityDAO dApp, enabling users to complete their migration smoothly.
