๐ Progress Report on the @ASI_Alliance $FET Merger ๐
๐ 50% of $OCEAN and $AGIX have already been merged into $FET. Some regulatory issues have caused delays with some exchanges, especially in the US. However, you can still convert $OCEAN and $AGIX on ETH or major exchanges like Binance, and the contracts are open for years.
๐ The decision to keep the $FET ticker instead of changing it to $ASI ensures a smooth transition and minimizes disruption for holders and traders. Essentially, fet now represents the Artificial SuperIntelligence Alliance (ASI), similar to how Matic transitioned to Polygon but kept the $MATIC ticker.
๐ฌ @HMsheikh4 clarified the steps ahead:
1๏ธโฃ The initial phase involved merging everything into fet to ensure stability and avoid listing issues with a new ticker.
2๏ธโฃ No major network upgrade is required immediately; the merger is essentially done. Future upgrades will focus on enhancing the network, reducing fees, and validators without affecting the merger process.
โจ The process is designed to be smooth, minimizing disruption for holders and traders. The merge is essentially complete, with fet representing the new $ASI.
Stay tuned for more updates as we continue to build the future of decentralized AI! ๐๐ฅ