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Did I understand correctly phase 1 is only for exchanges

and people holding ocean on eth in a ledger only need to take action in phase 2 to swap ocean for asi directly? So no need to swap ocean for fet in phase 1?

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Everything is correct, the first phase is optional, and you can choose toswap tokens first to FET and then to ASI, or wait for the second phase and convert tokens directly to ASI.

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KreigDK | Never DM first🌊
Everything is correct, the first phase is optional...

Thanks. I will be on holiday in july, so I can wait and do it in August right?

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