How to Migrate Your CUDOS Tokens to FET: A Step-by-Step Guide

Rich Charles
3 min readSep 27, 2024

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With the successful token merger between CUDOS and the Artificial Superintelligence Alliance (ASI), it’s now time for CUDOS token holders to migrate their tokens to FET, the native token of the Fetch.ai network. This guide will walk you through the migration process and ensure a smooth transition of your CUDOS holdings.

Why Migrate to FET?

The merger between CUDOS and ASI aims to create a stronger, more scalable, and efficient ecosystem for AI and blockchain. FET is a vital part of this new ecosystem, enabling enhanced access to AI tools and computing resources through the Artificial Superintelligence Alliance.

By migrating your CUDOS tokens to FET, you’ll not only be part of this evolution but also gain access to new opportunities and utilities within this innovative alliance. Here’s a simple step-by-step guide on how to migrate your CUDOS tokens to FET.

Step-by-Step Guide to Migrating Your CUDOS Tokens

Step 1: Visit the Official Migration Page

To begin, visit the SingularityDAO token migration page. Make sure you’re on the official page to avoid any potential scams. It’s crucial to check the website URL carefully. Bookmark the page once verified to ensure safety in future visits.

https://singularitydao.ai/migrate-asi

Step 2: Connect Your Wallet

You’ll need to connect your crypto wallet to the migration platform. The most popular wallets, such as MetaMask, are supported. Ensure your wallet contains the ERC-20 CUDOS tokens you intend to migrate.

Here’s how to connect your wallet:

  1. Click on the “Connect Wallet” button.
  2. Choose your wallet provider (e.g., MetaMask, Trust Wallet).
  3. Approve the connection within your wallet interface.

Once connected, you’ll be able to see your token balance.

Step 3: Select the Number of CUDOS Tokens to Migrate

Once your wallet is connected, select the number of CUDOS tokens you wish to migrate to FET. The migration uses the following conversion rate:

  • 1 CUDOS ≈ 0.00845 FET

You can use the Token Merger Calculator available on the migration page to estimate how many FET tokens you’ll receive. Review the conversion carefully to ensure you’re satisfied with the exchange.

https://token-merger-calc.cudos.network/

Step 4: Approve and Confirm the Migration

After selecting the number of tokens to migrate:

  1. Review the token amount and the conversion rate.
  2. Approve the transaction in your wallet (MetaMask or others).
  3. Confirm the migration on the platform.

Ensure that gas fees (transaction fees on the Ethereum network) are sufficient in your wallet to cover the migration transaction.

Step 5: Wait for Transaction Confirmation

Once approved, your transaction will be processed. This may take a few minutes depending on network congestion. Once the transaction is confirmed on the blockchain, your CUDOS tokens will successfully migrate to FET.

Step 6: Vesting Period for FET Tokens

After migration, your new FET tokens will be subject to a vesting period of 3 months. This means:

  • Your FET tokens will be locked for three months.
  • Vesting is linear and occurs per block, meaning you can gradually claim your tokens throughout the period.

You’ll be able to check the status of your tokens and claim those that have vested at any point during the three-month vesting period.

After Migrating your CUDOS tokens to FET, you can also read Frequently Asked Questions About the CUDOS and Artificial Superintelligence Alliance Merger Proposal.

Learn more about CUDOS:
Website
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