ASI merger and Binance earn products

All FET, OCEAN, and AGIX tokens will be swapped to ASI at a ratio of:

1 FET = 1 ASI;

1 OCEAN = 0.433226 ASI;

1 AGIX = 0.433350 ASI.

Binance Simple Earn will cease support for FET, OCEAN, and AGIX Simple Earn Flexible and Locked Products, and subscriptions will no longer be available. Flexible Products:For existing subscriptions, FET, OCEAN, and AGIX balances in Simple Earn Flexible Products will be automatically redeemed and credited to users’ Spot Wallets after 2024-06-28 03:00 (UTC). Binance Simple Earn will assist impacted users by resubscribing for ASI Flexible Product, according to the above swap ratio after the event is complete.Users may also choose to redeem their assets from FET, OCEAN, and AGIX Simple Earn Flexible Products anytime before 2024-06-28 03:00 (UTC).Locked ProductsFor existing FET Locked Products Positions:These positions will be converted 1:1 to ASI Locked Products from 2024-07-05 04:00 (UTC). To opt-out of the conversion:Users may choose to redeem their FET Locked Products early before 2024-07-01 04:00 (UTC).  By opting-out, the assets will be returned to users’ Spot Wallets (with interests being deducted for early redemption) within 72 hours or before the delisting of FET Locked Products from 2024-07-01 04:00 (UTC).FET Locked Product positions already undergoing redemption processes before 2024-07-01 04:00 (UTC) by users will not be counted for the FET to ASI Locked Product conversion.Conversion details:All remaining opened FET Locked Products positions will be automatically redeemed to users’ Spot Wallets from 2024-07-01 04:00 (UTC) to undergo the FET to ASI conversion. Interest will not be deducted.

The converted ASI will be used to automatically resubscribe as a new ASI Locked Product Subscription before 2024-07-05 04:00 (UTC) based on users’ previous FET Locked Product subscription amount if they did not opt-out of the conversion.