🚀 Progress Report on the @ASI_Alliance $FET Merger 🚀
📈 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.
🔄 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.
💬 @HMsheikh4 clarified the steps ahead:
1️⃣ The initial phase involved merging everything into fet to ensure stability and avoid listing issues with a new ticker.
2️⃣ 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.
✨ 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! 🌐🔥