Published On: Mon, 28 Oct 2024 16:20:14 GMT

Fetch.ai Completes Network Upgrade and Integrates CUDOS Mainnet

Fetch.ai completes network upgrade integrating the CUDOS mainnet, merging all CUDOS tokens with a 3-month vesting schedule.

Tanishq Bodh News

Oct 28, 2024, 4:20 PM UTC

Author: Tanishq Bodh

Fetch.ai has successfully executed its network upgrade under Proposal 33, marking a new phase for the platform as the CUDOS mainnet is now fully integrated. The upgrade, confirmed today, has merged all CUDOS tokens—including staked assets—into the Fetch.ai mainnet, adhering to established token merger ratios.

Key Details of the Network Integration:

Seamless Integration: All CUDOS tokens, including those staked, are now part of the Fetch.ai mainnet.
Token Merger Ratios and Vesting: The merger follows pre-defined ratios, with a 3-month linear vesting schedule for eligible tokens.
Enhanced Network Capabilities: The integration of CUDOS is expected to expand Fetch.ai’s decentralized computation and AI capabilities.

With the network upgrade now live, Fetch.ai anticipates greater flexibility and utility in decentralized computation and AI-driven applications.

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