Finschia: FNSA tokens and governance will transition to Kaia after Kaia mainnet launch
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.
You may also like
Announcement of Bitget spot bot on adding 2 new trading pairs
We are pleased to announce that Bitget spot bot has now added: KOMA/USDT, AIXBT/USDT. Reference 1. Spot grid 2. Crash course on Spot Grid Disclaimer Despite high growth potential, cryptocurrencies still face high risks and volatility. You are strongly advised to do your own research as you invest a
Groundbreaking and Affordable: Why These Cryptos Under $1 Are Gaining Traction
Four High-Yield Altcoins to Watch as They Outshine in a Bear Market
Golden Cross and Cup & Handle Predict Major Upside for JASMY
Trending news
MoreCrypto prices
More
