Findora DAO | KuCoin FAQ

We collected the following questions & answers from the Findora communities.

FinDAOra
Findora Foundation
3 min readApr 12, 2022

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We have also published a series of user tutorials:

1/ Kucoin Tutorial 1/ Open an Account on KuCoin
2/
Kucoin Tutorial 2/ Withdraw (from KuCoin to Findora Smart Chain)
3/
Kucoin Tutorial 3/ Use Findora Smart Chain (& FRA Smart Tokens)
4/
Kucoin Tutorial 4/ Use Findora Native Chain for Confidential Transfers & Staking (via Prism Transfer)
5/
Kucoin Tutorial 5/ Deposit FRA Smart Tokens to KuCoin (Warning, never use Prism transfer to deposit into an exchange account)

Please read the following Frequently Asked Questions (FAQ) to help with your understanding of how to acquire FRA tokens:

Q. Please take note of the following schedule (link):

  • Deposits Effective Immediately (Supported Network: FRA)
  • Trading: 09:00 on April 12, 2022 (UTC)
  • Withdrawals: 10:00 on April 13, 2022 (UTC)

Q. What is the total supply of FRA tokens (coinmarketcap)?

FRA’s Genesis Total Supply is set at 21 billion FRAs.

Q. What can I do with FRA tokens?

Findora Smart Chain
FRA is the “gas token” on the Findora Smart Chain.
- gas fee
- supporting DAPPs like FairySwap
- DAO governance

Findora Native Chain
FRA is the native token of the Findora network and is required for access to its core features and functionalities on the Findora Native Chain, including but not limited to:
- #PoS Staking,
- governance (FIP — Findora Improvement Proposal),
- payment for transactions,
- confidential transfers and other privacy-enhancing features,
- access to advanced financial application building tools and other services.

Q. Is FRA an FRC-20 token?

Yes. KuCoin exchange is integrated with Findora Smart Chain. FRA smart token is listed on KuCoin exchange and is FRC-20 standard, this means FRA smart tokens can be used on MetaMask or any EVM-compatible wallets.

You can configure your MetaMask Wallet Extension 👇.

FRA token on Findora Native Chain is FRA native token.

Q. Where can I get FRA tokens?

FRA is officially listed on the following exchanges:

1/ KuCoin (FRA smart tokens)

2/ Gate.io (FRA smart tokens (temporarily under upgrade); FRA native tokens)

3/ FairySwap (FRA smart tokens)

IMPORTANT NOTE
If you are depositing your FRA tokens to centralized exchanges:

- DO NOT use confidential transfer as this will result in irreversible loss of your FRA tokens

- DO NOT use Prism transfer to deposit to a 0x address as this will result in irreversible loss of your FRA tokens

- You can deposit to one CEX from another CEX address directly

Q. How can I participate in #pos Staking to earn FRA tokens?

#pos Staking is currently supported on Findora Native Chain with FRA native tokens. Two ways to acquire FRA native tokens:

1/ Purchase FRA smart tokens from KuCoin or Gate.io (FRA smart tokens (temporarily under upgrade) -> Deposit in MetaMask -> Use Prism Transfer to convert FRA native token to FRA smart token -> Stake with Findora Desktop Wallet.

2/ Purchase FRA native tokens from Gate.io -> Deposit into Findora Desktop Wallet -> Stake.

Q: How to download Findora Desktop Wallet?

Visit wallet guide 👉 https://wiki.findora.org/docs/guides/wallets/wallet_guides
You can use Findora Desktop Wallet to store & transfer FRA tokens; make confidential transfers; participate in POS staking; use Prism transfer to convert FRA smart tokens to and from FRA native tokens.

Q: How to migrate Findora native tokens to Findora Smart Chain.

Use Prism transfer. Visit wallet guide 👉 https://wiki.findora.org/docs/guides/wallets/wallet_guides

DO NOTE user prism transfer to deposit into centralized exchange directly.

More tech deep dive on how Prism Transfer works:

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