Hello Kaia Community
We’re just 2 days away from the launch of the Kaia Mainnet.
Remember that “KAIA Staking = NEOPIN”?
Today we’d like to remind you what you need to do for every crypto you own, including KLAY, FNSA and nFNSA, before the launch of the Kaia Mainnet.
📢Please note that you must stake KAIA within the NEOPIN app in order to receive the various benefits offered by NEOPIN 📢
Check out our service update schedule for Kaia here.
If you are new to NEOPIN, please follow our guide on NEOPIN Medium to download the NEOPIN App and create a wallet 😊.
1. KLAY holders
· No need to swap crypto, etc.
· Automatic migration from Klaytn to Kaia for staking, pool
2. nFNSA holders
· nFNSA > Kaia swap available in NEOPIN after Kaia mainnet launch
· Only one-way swap from nFNSA to Kaia is available
3. 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
(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
Stake Kaia on NEOPIN and get the benefits
📍About the Triple Benefits
1️⃣ Up to 3% APR Boost UP with NEOPIN Membership!
· Base APR + 1.5–3% APR boost on KAIA staking, depending on NEOPIN membership level
2️⃣ Validator Community Support Package Reward Offer
· Period: Thursday, August 29th at 06:00 UTC — Friday, September 27th at 06:00 UTC
·Conditions: New participation in KAIA Staking (minimum of 100 stakes) Must maintain stakes through the end of the event on September 27th
· Reward: 30,000 total KAIA rewards available. Drawing of 600 NEOPIN wallet addresses from the participating participants, 50 KAIA per wallet address for each winner
📢 Winners will be announced and rewards will be distributed within 3 weeks after the end of the event.
📢 Higher stakes and longer periods may increase your chances of winning.
📢 Only NEOPIN wallets are accepted, other wallets will be excluded from winning.
📢 KAIA Liquid staking are excluded from the event🙏
3️⃣ offers a “governance vote” feature that allows owners to vote up or down directly
· Kaia’s governance voting does not allow users to vote up or down directly, but instead gives users more voting power over the votes cast by the validators they delegate their crypto to.
· If the validator you delegate votes against your wishes, you must find one who agrees with you and re-delegates, or if you don’t want to change the validator, you must abstain from voting.
· NEOPIN offers an advanced form of governance voting that allows users to upvote and downvote directly.
· When you stake KAIA on NEOPIN, you get voting rights based on your stake, and when a Kaia-related governance issue comes up, you can vote for or against it directly on NEOPIN.
· After the voting ends, the governance vote will be taken on NEOPIN based on the upvotes and downvotes.
📢 “Don’t use your vote only to increase your Validator voting power. Use your vote on NEOPIN to upvote or downvote yourself”
