KuCoin Will Support the Token Merger of Ocean Protocol (OCEAN) and SingularityNET (AGIX) to Fetch.ai (FET)

KuCoin Will Support the Token Merger of Ocean Protocol (OCEAN) and SingularityNET (AGIX) to Fetch.ai (FET)

07/01/2024, 08:06:01

Dear KuCoin Users,

According to the plan of the Artificial Superintelligence Alliance (ASI), KuCoin will support the token merger of Ocean Protocol (OCEAN) and SingularityNET (AGIX) to Fetch.ai (FET). We will complete the OCEAN and AGIX to FET token swap automatically for OCEAN and AGIX holders on KuCoin.

The arrangements are as follows:

1. The deposit and withdrawal services of OCEAN and AGIX as well as the trading service of OCEAN/USDT, OCEAN/BTC, OCEAN/ETH, AGIX/USDT, AGIX/BTC, and AGIX/ETH trading pairs will remain closed.

2. To complete the swap, KuCoin will take snapshots of users’ OCEAN and AGIX assets at 12:00:00 on July 1, 2024 (UTC). After the snapshot, we will convert OCEAN and AGIX to FET at a ratio of:

1 OCEAN = 0.433226 FET

1 AGIX = 0.433350 FET

Please note:

1. Minimum holding for eligibility: 1.634 OCEAN or 1.631 AGIX

2. The snapshots will include OCEAN and AGIX balances in Spot accounts (Main Account + Trading Account).

3. OCEAN and AGIX tokens that were in pending deposit or withdrawal at the time of the snapshots will NOT be counted towards your balance.

4. After the swap is completed, the OCEAN and AGIX tokens will NO longer be supported on KuCoin.

For further information on the rebranding and token swap, please refer to:

Artificial Superintelligence Alliance Update on ASI Token Merger

Regards,

The KuCoin Team


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