Updated: 8th April
To ease everybody’s concerns and clarify what PolyPad means for the KCCPAD and TRONPAD holders we have put together an in-depth FAQ. Enjoy!
General
Q1: Why are KCCPad and TronPad merging?
A: Unfortunately, both KuCoin Community Chain and TRON have fallen short of expectations, and the development landscape on these two platforms has stagnated in recent months. As a result, we have decided to pivot away from these platforms, and instead introduce PolyPad — the premiere launchpad for the Polygon ecosystem.
Q2: How is Polygon different from KCC and Tron?
A: In under 2 years, Polygon has seen exponential growth in its DApp library, userbase, and developer sphere. The Polygon ecosystem now contains well over 7,000 DApps, 375,000 MATIC holders, and over 2,000 active developers (around half that of Ethereum). With a huge amount of developer resources being aimed at the platform, and more and more EVM chains beginning to interoperate with the platform, Polygon is arguably one of the most promising layer-2 chain currently operating.
Q3: How much is the total fundraise for PolyPad?
A: Because we are merging TronPad and KCCPad, platforms with an existing userbase, community and investors, we have decided to not raise funds for PolyPad and instead reward the current loyal community.
Q4: Will there be an IDO for PolyPad?
A: In-line with having no fundraise at all, there will be no IDO for PolyPad. PolyPad be a fair launch.
Q5: Which wallet(s) do I need for Polygon?
A: We recommend using MetaMask. Setting up Polygon on MetaMask is easy. You can either do it manually by typing in the required information. Polygon network details:
- Network name: Polygon
- New RPC URL: https://polygon-rpc.com/
- Chain ID: 137
- Current Symbol: MATIC
- Block Explorer URL: https://polygonscan.com/
Or add it automatically via a user-friendly, automatic adding chain/token app: https://tokenmagic.app, where the required chain information is added automatically.
Q6: Where can I learn more about Polygon?
A: Some useful links:
https://www.coinbase.com/learn/crypto-basics/what-is-polygon
TRONPAD holders / stakers FAQ
Q1: What will happen with the TRONPAD tokens I’m currently holding on TRON?
A: The TRONPAD tokens on Tron can be bridged to BSC using the bridge on the TronPad website https://bridge.tronpad.network . From there, they can be bridged to Polygon using another bridge (https://bridge.polypad.com/). Once arrived on Polygon, you can swap your TRONPAD tokens to POLYPAD tokens via this link: https://token-swaps.com/polygon/0xee674715428c8558DAdbA940bF2735495197e4D1. For detailed instructions on how to do this, please check out this step-by-step swap guide.
The swap rate will be 0.75 POLYPAD for each TRONPAD.
Q2: What will happen with the TRONPAD tokens I’m currently holding on BSC?
A: TRONPAD tokens on BSC can be bridged to Polygon using a custom bridge (https://bridge.polypad.com/). Once on Polygon, you can swap your TRONPAD tokens to POLYPAD tokens via this link: https://token-swaps.com/polygon/0xee674715428c8558DAdbA940bF2735495197e4D1. For detailed instructions on how to do this, please check out this step-by-step swap guide.
Q3: What will happen with the TRONPAD tokens I’m currently staking on TronPad?
A: These tokens will have to be unstaked and bridged to BSC. From there these have to bridged to Polygon. For detailed instructions on how to do this, please check out this step-by-step swap guide.
Q4: What will happen to my unclaimed TronPad staking rewards?
A: Any unclaimed staking rewards can be claimed and bridged onto BSC. These can then be swapped for PolyPad tokens. For detailed instructions on how to do this, please check out this step-by-step swap guide.
Q5: Will there be any changes to unstaking TRONPAD tokens?
A: The current 7 day unstaking cool-down will be removed, so unstaking TRONPAD will be instant without any cool-down or tax.
Q6: What are the announced airdrop details regarding TRONPAD tokens for loyal stakers?
A: If you’ve been staking your TRONPAD tokens for 3 or more months (December 10th 2021 or before), you’ll receive 15% of your staked balance as airdrop. If you have been staking for 6 or more months (September 9th 2021), you’ll receive 35% of your staked balance as airdrop.
Q7: What will happen to token claims which are dated in the future?
A: Projects with future token claims will continue to be unlocked as normal.
Q8: Will I still receive the monthly ETHPAD airdrop?
A: There will be one final snapshot determining your tier on TronPad. This tier will be used for the remaining monthly ETHPAD airdrops.
Q9: Will there be a need to KYC again on PolyPad?
A: No. Your KYC status will automatically be transferred to PolyPad.
Q10: Where can I find a guide for swapping TRONPAD to POLYPAD tokens?
A: TRONPAD tokens (on Polygon) can be swapped to POLYPAD via this link: https://token-swaps.com/polygon/0xee674715428c8558DAdbA940bF2735495197e4D1. For detailed instructions on how to do this, please check out this step-by-step swap guide.
Q11: When are the TRONPAD tokens on JustSwap and/or PancakeSwap tradable until?
A: Trading will remain active. Swapping TRONPAD for POLYPAD will always be possible.
Q12: What will happen to the TRONPAD team, marketing, and other tokens?
A: Non circulating TRONPAD tokens will not be distributed. New tokenomics/vesting for non-circulating tokens will be created for PolyPad.
Q13: DOTPad has been announced to launch on TronPad, will it launch on PolyPad?
A: YES! You can stake your POLYPAD tokens to secure your allocation for DOTPad!
KCCPAD holders / stakers FAQ
Q1: What will happen with the KCCPAD tokens I’m currently holding on KCC?
A: The KCCPAD tokens on Tron can be bridged to BSC using the bridge on the KCCPad website https://bridge.kccpad.io/ . From there, they can be bridged to Polygon using another bridge (https://bridge.polypad.com/). Once arrived on Polygon, you can swap your KCCPAD tokens to POLYPAD tokens via this link: https://token-swaps.com/polygon/0xB8f39673aA14d7dEEc11f67Dd228950895Bf4793. For detailed instructions on how to do this, please check out this step-by-step swap guide.
The swap rate will be 1.25 POLYPAD for each KCCPAD.
Q2: What will happen with the KCCPAD tokens I’m currently holding on BSC?
A: KCCPAD tokens on BSC can be bridged to Polygon using a custom bridge (https://bridge.polypad.com/). Once arrived on Polygon, you can swap your KCCPAD tokens to POLYPAD tokens via this link: https://token-swaps.com/polygon/0xB8f39673aA14d7dEEc11f67Dd228950895Bf4793. For detailed instructions on how to do this, please check out this step-by-step swap guide.
Q3: What will happen with the KCCPAD tokens I’m currently staking on KCCPad?
A: These tokens will have to be unstaked and bridged to BSC. From there to Polygon in the same manner as above.
Q4: What will happen to my unclaimed KCCPad staking rewards?
A: Any unclaimed staking rewards can be claimed and bridged onto BSC. These can then be swapped for PolyPad tokens.
Q5: Will there be any changes to unstaking KCCPAD tokens?
A: The current unstaking tax will be removed, so unstaking KCCPAD will be instant, without any cool-down or tax.
Q6: What are the announced airdrop details regarding KCCPAD tokens for loyal stakers?
A: If you’ve been staking your KCCPAD tokens for 3 or more months (December 10th 2021 or before), you’ll receive 15% of your staked balance as airdrop. If you have been staking for 6 or more months (September 9th 2021), you’ll receive 35% of your staked balance as airdrop.
Q7: What will happen to token claims which are dated in the future?
A: Projects with future token claims will continue to be unlocked as normal.
Q8: Will there be a need to KYC again on PolyPad?
A: No. Your KYC status will automatically be transferred to PolyPad.
Q9: Where can I find a guide for swapping KCCPAD to POLYPAD tokens?
A: KCCPAD tokens (on Polygon) can be swapped to POLYPAD via this link: https://token-swaps.com/polygon/0xB8f39673aA14d7dEEc11f67Dd228950895Bf4793. For detailed instructions on how to do this, please check out this step-by-step swap guide.
Q10: When are the KCCPAD tokens on PancakeSwap tradable until?
A: Trading will remain active. Swapping KCCPAD for POLYPAD will always be possible
Q11: What will happen to the KCCPAD team, marketing, and other tokens?
A: Non circulating KCCPAD tokens will not be distributed. New tokenomics/vesting for non-circulating tokens will be created for PolyPad
Q12: DOTPad has been announced to launch on KCCPad, will it launch on PolyPad also?
A: YES! You can stake your POLYPAD tokens to secure your allocation for DOTPad!
Please note: all the links required to bridge KCCPAD and TRONPAD tokens or swap them for POLYPAD tokens will be provided shortly. This will be accompanied by a full announcement so the relevant links can’t be missed.
For more information on PolyPad, stay tuned to our socials:
