Kyber Network

K

Kyber Network

✅KNC Token Migration Process Has Started! Following the approval of KIP-6, KNC will be undergoing a migration to make the token more dynamic and flexible, while giving greater control to the KyberDAO. You can visit the migration portal at any time to migrate your old KNC to new KNC in a few clicks. There's no hard deadline for the migration but staking your new KNC tokens on KyberDAO during Epoch 0 this week allows you to vote in the upcoming Epoch 1 next week (28 Apr). We're working with exchanges, Dapps, staking pools, data sites, and other platforms to support the migration but there will be a transition period where both the old and new KNC tokens run in parallel. Please make sure not to transfer new KNC tokens to a centralized exchange unless the exchange is already providing support for the new KNC token. This KNC migration is an important step forward in our Kyber 3.0 journey and we encourage everyone to make the switch as soon as possible! Read the guide: blog.kyber.network/knc-token-migration-guide-fda08bfe62c2