BlockBeats reported on June 14, 2024, that Binance will support the merger of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) into a unified token: Artificial Superintelligence (ASI). Below are the key details:
Token Conversion Details
- 1 FET = 1 ASI
- 1 OCEAN = 0.433226 ASI
- 1 AGIX = 0.433350 ASI
Timeline for Transition
July 1, 2024 (11:00 UTC+8):
- FET, OCEAN, and AGIX trading pairs will be delisted.
July 5, 2024 (16:00 UTC+8):
- ASI trading pairs (ASI/BNB, ASI/BTC, ASI/BRL, ASI/FDUSD, ASI/TRY, ASI/USDC, ASI/USDT) will launch.
Additional Adjustments
- Binance’s contracts and leveraged trading pairs will follow a similar adjustment schedule. Users are advised to monitor updates.
FAQ Section
Q1: Why are FET, OCEAN, and AGIX merging?
The merger aims to consolidate resources for advancing decentralized artificial intelligence (AI) under the ASI token, enhancing scalability and interoperability.
Q2: Will my tokens automatically convert to ASI on Binance?
Yes, Binance will handle the conversion. No action is required unless you hold tokens in a private wallet.
Q3: What happens to existing orders after delisting?
All open orders for FET, OCEAN, and AGIX will be canceled automatically upon delisting.
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