On August 19, Finschia posted that after the approval of the FGP-23 proposal, Finschia and Klaytn decided to merge the mainnet. With this integration, Finschia tokens and governance will transition to Kaia after the launch of the Kaia mainnet. FNSA inflation will stop on August 26, 2024, and the conversion rate of FNSA to KAIA is about 148:1 (148.079656:1 = KAIA: FNSA). Previously, Finschia said that with the establishment of the KaiaDLT Foundation in the Dubai International Financial Centre and Abu Dhabi Global Market (ADGM), most of the preparations for the launch of the Kaia mainnet have been completed and will go live on August 29, 2024.