The three major AI projects $FET $AGIX and $OCEAN are merged into ASI. What are the potential profit opportunities?

What is the conversion ASI ratio of $FET $AGIX and $OCEAN after merging? The preliminary merger plan is: (to be approved by the community)

— $FET Total 2,630.55 million token supply, to be re-tagged as $ASI

— $AGIX Tokens will be converted to $ASI at a ratio of 0.433350:1

— $OCEAN tokens will be converted to $ASI at a rate of 0.433226:1

If the FDV of the three tokens is fully transferred to $ASI as of March 26, 2024

How do we redeem the new ASI after the merger?

The current plan is that the project team is already connecting with major exchanges. The exchange should handle this process automatically, and users do not need to operate. After ASI is issued, what will be the total supply and distribution mechanism?

Starting with $FET as the alliance’s base token, the $FET token will be renamed $ASI and an additional 1.48 billion tokens will be minted, with $867 million ASI allocated to $AGIX holders and $611 million ASI allocated to the $OCEAN token Coin holders. The total supply of $ASI tokens will be 2.63 billion tokens.

when to merge

It is planned to start voting on proposals on whether to merge on April 2. Personally, I think this is just a process issue, and the probability of passing is 99.99. As long as the project team reaches an agreement, how can the currency holders refuse? This is a great thing about ascending to heaven, a pure benefit.

Is there room for arbitrage?

Next, both AGIX and OCEAN will be exchanged for FET at a fixed ratio, and the exchange ratios of the two are almost the same, so we can understand that AGIX and OCEAN will follow the price of FET simultaneously.

If fet, agix and ocean all have price divergence, what we need to do is to go long the undervalued assets and short the overvalued assets to achieve arbitrage. At that time, I chose to short fet and long agix and short ocean and long agix (here ocean and agix are 1:1 exchange assets)

What should we leeks do? When several giants merge, $WLD may become a strong competitor to ASI, so I personally am more optimistic about wld, after all, he can make things happen.

AI can run through this bull market. Whether Microsoft, OpenAI, or Nvidia can detonate the rotation of the AI ​​sector at any time, let’s look forward to the starry sea of ​​AI tokens.

Recommended currencies to pay attention to: ASI, RNDR, WLD, NFP, ARK#BTC #WLD， #RNDR #ASI #NFP