tokens on the 11th of the month. Agix and ocean tokens will switch on the 13th. So, if the price of asi tokens goes up significantly during these 2 days and then crashes back down on the 13th, won't we incur losses from this event?
Please answer
Where did you read this? The Fetch telegram says it will convert to ASI on the 13th just like the other 2 tokens.
Hello! You will not lose your funds when converting tokens Don't worry In any case, we expect smart arbitragers to notice if there is a price difference between tokens and then raise it to maintain balance and equilibrium in the exchange rate
As of June 11, 2024, $FET will be renamed $ASI and on June 13 the merger completes. The $ASI token will function across the combined decentralized AI network, providing unprecedented scale and power. As of June 11, ERC20 tokens will be made available for users to swap $FET to $ASI tokens via a token migration contract, followed by $AGIX and $OCEAN on June 13. An audited, secure token migration contract will allow the conveyance of tokens into $ASI from over 200,000 token holders of the constituent communities with $AGIX, $FET and $OCEAN tokens swapped at the previously announced pegged ratios.
We're leaving this to the mercy of the market, so to speak.
We've already had a dip and a rise in our tokens. In no case has there been a big loss of money.
Isn't this approach overly optimistic? It doesn't seem very professionally managed to me.
No, it's all been checked out🫡 So you don't have to worry.
Will other people on the exchanges be able to buy and sell asi tokens on the 11th?
That's an interesting question I'll check with the team
Thanks I am waiting
That would be nice
As far as I'm concerned The fet token will simply be renamed Asi and will remain tradable
This is not good news
Why? as I said, You will not lose your funds when converting tokens Don't worry
"We all know that on the first day, there's a pump, and before you know it, it hits rock bottom. No one wants to be in such a situation."
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