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?
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..
OK but how will they be converted? the capitalizations of fetch, Singularity and ocean are different, what relationship will there be?
Token holders will receive 0.433226 $ASI per $OCEAN and 0.433350 $ASI per $AGIX.
What about fetch holders?
$ASI = $FET, $FET price = $ASI price.
Didn’t they say launch price to be $2.80? FET is past $3 at the moment
Yes, but $ASI = $FET, if $FET changes, $ASI changes.
They can't control price, we do
can you show me the tweet where they said 2.8 ?
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
It is on the Medium article Ocean shared earlier I believe. Going to double check
Yes, it was $2.8 at that time, but with every change to $FET, $ASI changes as well.
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?
$ASI adds supply to $FET in order to add $OCEAN and $AGIX.
$FET supply will increase about 1.5b when merging, which is us.
Correct, just wondering about the circulating supply though, which is the one impacting price
We will have more info on circulating supply soon.
Perfect, thanks Ashish
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
I'd guess you can simply add up the 3 circulating supply's , but over the exchange ratios
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