Finschia: FNSA tokens and governance will transition to Kaia after Kaia mainnet launch

Bitget App

Trade smarter

Cointime2024/08/19 05:57

By:Cointime

On August 19th, Finschia announced that after the approval of the FGP-23 proposal, Finschia and Klaytn have decided to merge their mainnets. Through this integration, Finschia's token and governance will transition to Kaia mainnet after it launches. To ensure a seamless transition, FNSA's inflation will stop on August 26th, 2024. The conversion rate from FNSA to KAIA is approximately 148:1 (148.079656:1=KAIA:FNSA).

Previously, Finschia stated that with the establishment of the KaiaDLT Foundation in the Dubai International Financial Center and the Abu Dhabi Global Market (ADGM), most of the preparation work for the Kaia mainnet launch has been completed, and it will go live on August 29th, 2024.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: The Ethena Protocol will follow Wintermute’s proposal and activate a fee switch. Wintermute had previously noted that the protocol lacked a proper framework for revenue allocation to its holders. Ethena Foundation welcomed the firm’s proposal, saying it could see the potential benefits.

Cryptopolitan•2024/11/16 12:22

Elon Musk Dismissed OpenAI ICO Idea in 2018

“It would simply result in a massive loss of credibility for OpenAI and everyone associated with the ICO,” Musk reportedly said.

Cryptotimes•2024/11/16 12:00