🚨 Announcement of the schedule for NEOPIN service updates for Kaia 🚨

NEOPIN
NEOPIN
Published in
3 min readAug 23, 2024

Hello everyone. We’re NEOPIN and we’re preparing to make the leap from Klaytn #1 DeFi to Kaia #1.

We would like to inform you about the schedule of NEOPIN service updates related to Kaia.

[NEOPIN Service Update Schedule]

(After 23 August 2024 05:00(UTC))
Suspension of new FNSA staking on NEOPIN

* Unstaking and reward claim will remain available

(After 26 August 2024 06:00(UTC))
FNSA staking rewards are no longer generated and membership to be terminated on FNSA staking.

* Unstaking waiting time will be changed from 7 days to 1 hour

(After 29 August 2024)
1️⃣ Finschia Bridge to be terminated and renewed to nFNSA to KAIA Swap

* nFNSA holders can directly swap to KAIA on NEOPIN.
2️⃣ Termination of nFNSA Swap Pools (nFNSA-NPT, nFNSA-KLAY)
* Withdrawals and reward claim will remain available.
3️⃣ KAIA Staking Event Begins
❗ Service schedules are subject to change as announced by the Kaia Foundation.

[FNSA holders]

· FNSA holders → KAIA crypto swap process required
· (After 23 August) FNSA unstaking process

*Unstaking period expected to take 1 hour
· (After 29 August) After Kaia chain launch, access Kaia portal
→ Swap FNSA to KAIA
NEOPIN is a representative wallet that supports FNSA → KAIA swap
· Transfer Kaia to NEOPIN wallet
· Stake Kaia on NEOPIN and get the benefits

(Note) Preparations for the Upcoming Kaia Chain Token Swap

(announced by Kaia on July 15)

*Note: This is an announcement from Finschia Foundation on May 24th. Please be sure to check and execute the latest official announcement from Kaia Foundation for the FNSA → KAIA crypto swap. NEOPIN is not responsible for any errors or problems that may occur when executing the swap based on this announcement. For more information on the FNSA → KAIA swap, please contact the Kaia Foundation 🙏

1️⃣ Access Kaia Portal
2️⃣ Connect NEOPIN Wallet
3️⃣ Enter the address of the recipient account on the Kaia mainnet where you want to store your KAIA tokens

❗ We recommend that you pre-set the wallet to receive KAIA token by referring to the supported wallets listed in this guide
4️⃣ Enter the quantity of FNSA to be swapped
❗ Once the swap is complete, it is irreversible. We recommend that you confirm and enter the correct quantity
5️⃣ Request Swap
❗ There is a waiting period before the swap is finalized. This is to allow time to react in case of unusual circumstances. A latency of a few tens of minutes is expected
❗ Once the waiting period is complete, you will be able to claim KAIA tokens from the Kaia chain. Claims are executed automatically, so you don’t need to prepare transaction costs in advance for your Kaia Chain account
6️⃣ You can also check the progress of your swap in the Kaia Portal

[KLAY holders]

· No need to swap crypto, etc.
· Automatic migration from Klaytn to Kaia for staking, pool
· Stake Kaia on NEOPIN and enjoy various benefits!

[nFNSA → KAIA]

· nFNSA > Kaia swap available in NEOPIN after Kaia mainnet launch

❗ Only one-way swap from nFNSA to Kaia is available
❗ Join NEOPIN’s Kaia staking after nFNSA’s swap to Kaia!

We look forward to your interest and support for Kaia staking on NEOPIN 😆

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