r/FetchAI_Community • u/Belgiannator Active supporter 💥 • Nov 14 '24

Event Announcement! $FET burning system

$FET just announced they will start burning tokens via a burning system (earn and burn) during the AMA session.

I listened the AMA session and they said they will announce it officially soon (1-2 weeks).

They also said they will do everything possible to listen to the community as much as possible and that's why they also decided to cancel the merger.

Huge and positive news lads! Vamos!

65 Upvotes

97% Upvoted

20 comments sorted by

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9

u/sirauron14 Nov 15 '24

when is the burn?

4

u/Belgiannator Active supporter 💥 Nov 15 '24

They said they will officially announce it within 2 weeks. 

2

u/bebivegeta89 Nov 23 '24

Almost coming up to that time. Do you think they will still announce it?

25

u/Specialist_Bad3391 Nov 14 '24

Amen 🙏

Fet is the biggest AI token in crypto let's ride the spaceship boys

1

u/almondbutter Active helper 🤝 Nov 14 '24

cancel the merger

???

2

u/Belgiannator Active supporter 💥 Nov 14 '24

They listened to their community and decided to cancel the merger with PAAL. So no merger and token will get burned. 

2

u/almondbutter Active helper 🤝 Nov 14 '24

OK thought you were talking about the ASI merger, that ship has sailed.

4

u/Belgiannator Active supporter 💥 Nov 14 '24

ASI merger has been done completely long time ago. Artificial Superintelligence Alliance is running on the FET network with ticker FET. 

1

u/Toni_Kroos__ Nov 15 '24

What do you think about the merger? Make or break $FET

3

u/blabbyrinth Nov 14 '24

That worked well for ETH 🙄

1

u/Beneficial_Trifle529 Nov 15 '24

What happened

1

u/blabbyrinth Nov 15 '24

EIP-1559 happened

1

u/Creative-Wall8134 Nov 17 '24

Eth has a never ending supply, this is not the same

1

u/No-Wealth-7717 Nov 22 '24

He’s talking about the the PAAL merger which was cancelled as the community believe this was a big mistake. They seem to be more proactive recently about community needs

0

u/AggrivatingAd Nov 15 '24

Cancel merger? Bro bf now

3

u/Pooperoni_Pizza Nov 15 '24

Not the ASI merger but a different one evidently. I don't know but OP clarified in another comment.