FNSA > KAIA Swap and FNSA On-Chain Contribution Reward Guide
We are pleased to announce the imminent launch of the Kaia mainnet. The integration of Klaytn and Finschia represents a significant milestone in Kaia’s journey towards becoming a leading blockchain platform in Asia. To facilitate a seamless transition for Finschia users into the Kaia ecosystem, we have prepared comprehensive guidelines for the FNSA to KAIA token swap process and verification procedures for on-chain contribution rewards.
FNSA > KAIA Token Swap
Starting August 29, 2024, Finschia users will be able to exchange their FNSA tokens for KAIA tokens via the Kaia Portal. This swap service will remain operational for one year, during which users are required to complete their token exchanges. For detailed information regarding the token swap process for the new Kaia chain, please refer to our dedicated guide.
On-Chain Contribution Rewards
Participants in the previous integration proposal (FGP-23) are eligible for additional rewards based on their voting participation and long-term contributions. To claim these on-chain contribution rewards, users must complete the Link to Finschia process. This procedure establishes a connection between the wallet used for FGP-23 voting and the designated wallet for receiving KAIA rewards.
Link to Finschia
- Kaia Portal page Mission > Link to Finschia
- Target: FGP-23 vote participants
- Purpose: Verification of eligibility for FGP-23 voting participation reward and long-term contribution reward (total 80M KAIA)
※ Please note that once you have linked the wallet that participated in the FGP-23 vote with the wallet that will receive KAIA rewards, you cannot change the wallet!
On-chain Contribution Reward Guide
- Reward for FGP-23 voting participation (total 40M KAIA)
- Reward claim period: 2024–09–12 ~ 2024–12–11 (Epoch 1 period)
- How to receive rewards: Claim individually
- Long-term contribution reward (up to 40M KAIA): To be announced at the start of Kaia Portal Epoch 1
※ As the reward claim starts from September 12, it is recommended to complete the Link to Finschia process in advance. If you perform the Link to Finschia process after the reward claim has started, additional procedures may be required, such as personally verifying your wallet and receiving confirmation from the foundation, which can take a considerable amount of time. Therefore, please complete the Link to Finschia process before 9/12.
FGP-23 Voting Participation Reward Claim
- Kaia Portal page Mission > Claim (completion of ‘Link to Finschia’ in advance is essential)
- If the claim is not completed within the specified period, rewards cannot be received (unclaimed rewards will be burned or used as resources for the KAIA ecosystem)
Kaia Portal Point Mission Guide
Point Missions are scheduled to begin on the Kaia Portal from mid-September. Detailed information about Point Missions will be disclosed later. If you deposit in advance into the DeFi pools listed on the Kaia Portal before the Point mission starts, you can receive an Early Adopter Boost benefit (points x 1.2 times), so don’t miss this opportunity!
