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Ocean Protocol 🌊 Ocean Protocol 🌊
Ivan-

When they say it is optional to convert OCEAN to

FET does that mean Ocean will still trade on markets and price will sync with Fet coin? Tks

#cryptocurrency #english #ocean
0

5 ответов

14 просмотров
awesomeQA-

After the merger, Ocean tokens will no longer trade on markets, and only ASI tokens will be available. The conversion rate is fixed, and the exact handling of the conversion will depend on the exchange [1] [2]. Generated using AwesomeQA AI. Please rate this answer.

0
1 месяц назад
Danil | Never DM first-Kovtoniuk

As far as I understood, there is no direct mechanism that supports price synchronization. But since conversion rates are fixed, I think arbitrageurs and other external users “contribute to rate equalization” as they want to make money on it, when the market is very volatile But these are just my thoughts, I need to check with the team for more details

0
1 месяц назад
Ivan- Автор вопроса
Danil | Never DM first Kovtoniuk
As far as I understood, there is no direct mechani...

Thanks. If Ocean is being removed from exchanges there would be no way to sell them so I wasn't sure why it said it is optional.

0
1 месяц назад
awesomeQA-
Ivan
Thanks. If Ocean is being removed from exchanges t...

If your OCEAN tokens are on a centralized exchange, they will be automatically swapped to ASI tokens. The conversion to FET is optional. After the integration, you can trade ASI tokens [1] [2]. Generated using AwesomeQA AI. Please rate this answer.

0
1 месяц назад
Danil | Never DM first-Kovtoniuk
Ivan
Thanks. If Ocean is being removed from exchanges t...

This way is optional, because you have the opportunity to wait for the 2d phase and convert your holding directly to ASI

0
1 месяц назад

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