ASI Token Merger: FET Begins First Phase with AGIX & ​​OCEAN!

Bittime - Today, SingularityDAO announced that Fetch.ai (FET) will begin the first phase of its ASI token merger plan with AGIX and OCEAN. This process will start at 22:00 WIB, where AGIX and OCEAN deposits and withdrawals will be closed on various exchanges to prepare for the migration process. However, deposits, withdrawals and FET transactions will continue as usual.

ASI Token Merger

The ASI token merger is part of the effort of SingularityDAO to simplify their token ecosystem and increase efficiency and interoperability among existing tokens.

In this first phase, AGIX and OCEAN tokens will be merged with FET via the migration platform available at DApp SingularityDAO.

This merger will not only simplify the transaction process but is also expected to increase the value and liquidity of the FET token.

ASI Token Migration Process

The migration platform for AGIX and OCEAN to FET has opened on DApp SingularityDAO. Token holders can convert their tokens to FET at a preset conversion ratio, namely 1 AGIX for 0.433350 FET and 1 OCEAN for 0.433226 FET. This migration process is designed to make it easier for users to convert their tokens safely and efficiently.

ASI Token Migration Steps

• Users must access the migration platform via DApp SingularityDAO.
• Select the token to convert (AGIX or OCEAN).
• Enter the number of tokens you want to convert.
• After entering the token amount, confirm the conversion to complete the migration process.

Benefits of the ASI Token Merger

This ASI token merger brings various benefits to users and the ecosystem SingularityDAO overall. Here are some of the main benefits:

1. Simplification of the Token Ecosystem

By combining several tokens into one, ecosystem SingularityDAO will become simpler and easier to manage. This will make it easier for users to transact and manage their assets.

2. Increased Liquidity

This merger is expected to increase the liquidity of the FET token. With more tokens converted to FET, trading volume and liquidity in the market will increase, which will ultimately benefit all token holders.

3. Better Interoperability

By simplifying the token ecosystem, interoperability among various platforms and applications in the SingularityDAO ecosystem will increase. This will ease integration with other projects and enable better collaboration across the ecosystem.

4. Added Value for Token Holders

AGIX and OCEAN token holders who convert their tokens to FET will benefit from an increase in the value of FET tokens. Additionally, they will also have access to various features and services offered by SingularityDAO.

Attention to AGIX or OCEAN Token Holders

If you are an AGIX or OCEAN token holder, make sure to follow the migration instructions provided by SingularityDAO and take advantage of this opportunity to increase the value and liquidity of your assets. With the simplification of the token ecosystem and increased interoperability, the future of the SingularityDAO ecosystem looks bright and full of opportunities.

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