HTX will support merging Fetch.ai, Ocean Protocol, and SingularityNET tokens
HTX will support merging Fetch.ai, Ocean Protocol, and SingularityNET tokens
HTX will facilitate the merger of Ocean Protocol (OCEAN) and SingularityNET (AGIX) tokens into Fetch.ai (FET) under the new Artificial Superintelligence Alliance (ASI) project.
This was announced by HTX on the exchange's website.
Merging details:
- Beginning at 6:00 a.m. UTC on July 1, 2024, HTX will suspend deposits and withdrawals for OCEAN and AGIX. Also, all OCEAN and AGIX spot trading pairs will be disabled and pending orders will be canceled.
- At 16:00 UTC on the same day, HTX will take snapshots of user positions.
- OCEAN will be converted to FET at a ratio of 1:0.433226, and AGIX will be converted at a ratio of 1:0.433350.
Users are advised to cancel pending orders prior to the suspension to avoid risk. After the merger, OCEAN and AGIX prices will no longer be displayed, and these tokens will be excluded from total balance calculations, though actual holdings will remain unaffected.
"The Superintelligence Alliance is a united stand against Big Tech's control of technology. We're joining forces to change the way AI is created, shared, and used by everyone, relying on the principles of decentralization to achieve an open and equitable form of AI," Fetch.ai said in the blog post.
HTX reserves the right to change or cancel this announcement without prior notice. The exchange also emphasizes the volatility of virtual assets and advises users to read its risk warning.
Further details regarding the renaming of FET to Artificial Superintelligence Alliance (ASI) will be announced at a later date.
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