According to Foresight News, the AI Super Intelligence Alliance tweeted that the ASI token merger plan will be implemented on July 1. In the first phase, AGIX and OCEAN will be temporarily merged into FET, which will be converted to ASI later. Deposits and withdrawals of AGIX and Ocean have begun to be closed on various exchanges, and deposits, withdrawals and transactions of FET will proceed as usual. AGIX and FET are exchanged at a rate of 1 AGIX equal to 0.433350 FET, and OCEAN and FET are exchanged at a rate of 1 OCEAN equal to 0.433226 FET. The final conversion rate is 1 FET equal to 1 ASI.
In the second phase, the ASI token will be deployed across chains. The FET network will be upgraded to the FET network, and the conversion of AGIX and OCEAN to FET will no longer be supported. The FET, AGIX, and OCEAN to ASI migration contracts will be opened, and then the exchange will begin to migrate the spot market from FET to ASI. The timetable for the second phase is yet to be confirmed.
