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Hi, I read about the possible merger between Ocean Fetch

and Singularity. I own both Ocean tokens and Singularity tokens and hold them on Exchenge, does anyone know what to do? How will the tokens be converted?

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Стикер

But what will be the rate of my ASI after your merge ? Lets say i have ocean at 1.1$ for 1k USDT and AGIX at 1.15$ 2k USDT..

zzTzz- Автор вопроса

OK but how will they be converted? the capitalizations of fetch, Singularity and ocean are different, what relationship will there be?

Aadhil Sa
But what will be the rate of my ASI after your mer...

Token holders will receive 0.433226 $ASI per $OCEAN and 0.433350 $ASI per $AGIX.

zzTzz- Автор вопроса
zzTzz
What about fetch holders?

$ASI = $FET, $FET price = $ASI price.

Yin
$ASI = $FET, $FET price = $ASI price.

Didn’t they say launch price to be $2.80? FET is past $3 at the moment

Leig
Didn’t they say launch price to be $2.80? FET is p...

Yes, but $ASI = $FET, if $FET changes, $ASI changes.

Leig
Didn’t they say launch price to be $2.80? FET is p...

can you show me the tweet where they said 2.8 ?

Wim
They can't control price, we do

Well, there will be more supply after FET mints the new tokens, so price will drop a bit, unless current FET circulation supply remains the same when it becomes ASI

Wen
can you show me the tweet where they said 2.8 ?

It is on the Medium article Ocean shared earlier I believe. Going to double check

Wen
can you show me the tweet where they said 2.8 ?

Yes, it was $2.8 at that time, but with every change to $FET, $ASI changes as well.

Yin
Yes, it was $2.8 at that time, but with every chan...

Do you know if the ASI circulation supply will remain the same as the the current (FET) one? With the mint tokens increasing only on total supply for now?

Leig
Do you know if the ASI circulation supply will rem...

$ASI adds supply to $FET in order to add $OCEAN and $AGIX.

Yin
$ASI adds supply to $FET in order to add $OCEAN an...

$FET supply will increase about 1.5b when merging, which is us.

Yin
$ASI adds supply to $FET in order to add $OCEAN an...

Correct, just wondering about the circulating supply though, which is the one impacting price

Leig
Correct, just wondering about the circulating supp...

We will have more info on circulating supply soon.

Leig
Correct, just wondering about the circulating supp...

total asi will be 2.6b. The circ supply i dont believe hasnt been talked about i think. I didnt listen to the AMA though yet. But assuming $2.6B and putting us at rank #20, just assume that any allocated circulating supply will probably push us higher

Leig
Correct, just wondering about the circulating supp...

I'd guess you can simply add up the 3 circulating supply's , but over the exchange ratios

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