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This Week's Noteworthy Events(June 10, 2024-June 16, 2024)

This Week's Noteworthy Events(June 10, 2024-June 16, 2024) WikiBit 2024-06-11 14:23

The major events this week: the merger of FET, AGIX, and OCEAN; Aethir opens airdrop claims; NOT claiming period ending soon.

SingularityNET: The Merge of FET, AGIX, and OCEAN to Begin on June 11, Resulting in ASI Token

SingularityNET (AGIX) has officially announced the final date for the token merger with Fetch.ai and Ocean Protocol to form the Artificial Super Intelligence (ASI) Alliance. The merger will begin on June 11 and be consolidated under a single decentralized artificial intelligence (AI) network. The FET token will be renamed ASI, with the merger concluding on June 13.

Token holders of FET, AGIX, and OCEAN will have their tokens converted into ASI tokens at specific exchange rates. FET tokens will convert to ASI at a 1:1 ratio, while AGIX and OCEAN will convert at a 1:0.433226 ratio.

ERC-20 tokens will be available starting June 11, allowing users to swap their FET tokens for ASI tokens through the token migration contract. AGIX and OCEAN token swaps will begin on June 13. The migration process will occur on the SingularityNET decentralized AI platform, where users can use the audited token migration contract provided by SingularityNET to exchange their tokens. (Cointelegraph)

Aethir Announces Airdrop Details: 6% of Total ATH Supply Allocated for Airdrops; Season 1 Airdrop Available on June 12

According to official sources, Aethir has announced the details of the ATH token airdrop. A total of 42 billion ATH tokens will be supplied, with 2.52 billion (6%) reserved for airdrop rewards. The airdrop event will be divided into three seasons.

Season 1 (Aethir Cloud Drop) ended on May 29. The breakdown of airdrop rewards is as follows: Season 1 will distribute 630,000,000 ATH; Season 2 (approximately 8 months later) will distribute 630,000,000 ATH; Season 3 (approximately 16 months later) will distribute 1,260,000,000 ATH.

Participants of the Aethir Cloud Drop will be included in the Season 1 airdrop, with 74.5% of rewards allocated to Aethir community members (including Checker Node holders) and 25.5% allocated to the external community.

The claim process for the Aethir Cloud Drop will start on June 12 via a dedicated claim platform. On that day, all Aethir Cloud Drop participants can claim their allocated ATH tokens through a specified link.

Aethir Checker Node holders can start their nodes on June 12, receiving 15% of the total ATH supply over the next four years

The official announcement states that over 75,000 Checker Node licenses have been distributed to more than 22,000 community members.

Active Checker Nodes will receive 10% of the Checker Node operator rewards, with an additional 5% reserved for exceptional performance. Aethir will conduct quarterly evaluations of all Checker Nodes to determine eligibility for the 5% reward based on uptime and other criteria.

Additionally, as an exclusive reward, all Checker Nodes will receive full ATH rewards during the onboarding phase of the Aethir Checker Node network from June 12 to June 27, regardless of total uptime.

zkSync Announces Airdrop Distribution Starting Next Week

ZKsync will airdrop 3.675 billion ZK tokens to early users and adopters next week, representing 17.5% of the total supply of 21 billion ZK tokens.

ZKsync stated that this will be a one-time airdrop, and users will be able to claim their tokens starting next week until January 3, 2025. Contributors will be able to claim from June 24 onwards.

Additionally, 49.1% of the token supply will be allocated through an ecosystem plan, with 17.2% allocated to investors and 16.1% to the Matter Labs team.

Federal Reserve to Announce Interest Rate Decision and Economic Summary on June 14

The Federal Reserve will announce its interest rate decision and economic summary on June 14, followed by a monetary policy press conference by Fed Chairman Jerome Powell.

Cyber Ends Season 2 Staking on June 3; Mainnet Staking to Launch on June 14

The Layer2 social project Cyber has ended its Season 2 staking on June 3. A snapshot was taken on that date to calculate rewards based on the staking scores. Due to complex staking design, the contract audit took longer than expected, delaying the mainnet staking launch to June 14.

The key changes are as follows: the end of Season 2 and snapshot date changed from June 8 to June 3. Users had to opt-in for the mainnet staking early bird event by June 3 to receive additional rewards. The mainnet staking start date has been postponed from June 8 to June 14.

TON Open League Season 4 Applications Open Until June 15

TON has announced that applications for Season 4 of The Open League are open until June 15. This season will feature competitions in tokens, applications, NFTs, and DeFi categories. The major updates include merging primary and secondary leagues, LP boost for previous season winners, and open applications for DeFi and NFT competitions.

Teams with a Telegram Mini App must integrate a new SDK to qualify for the application competition. The top 10 projects on the leaderboard at the end of Season 4 will receive an LP boost in Season 5.

Notcoin Users Must Claim NOT Tokens by June 16

Notcoin users need to claim their NOT tokens by June 16. Tokens can be withdrawn to wallets via the Notcoin bot, and staking users can also withdraw. The special staking offer has ended, with Levels and Explore functions to open soon for new users. Unclaimed NOT tokens will be used for future development, with the remaining tokens being burned.

Question: What are the exchange rates for $AGIX and $OCEAN to ASI?

A. 1 : 1, 1 : 0.433226

B. Both are 1 : 1

C. 1 : 0.433226, 1 : 1

D. Both are 1 : 0.433226

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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