Dear Kambrians,

In this announcement, we would like to share Kambria Token Plan Update as of December 2022, to align with the development of Kambria DAOs.

Overview

• Kambria tokens will be consolidated to KAT ERC20 and KAT BEP20
• All KYTE BEP20, KYTE ERC20 and KAT BEP2 will be migrated to KAT BEP20
• KAT ERC20 can be converted to KAT BEP20 (optional)
• KAT BEP20 will be minted according to the tokens burned in the migration and conversion
• And KAT BEP20 will be listed on a centralized exchange (KAT ERC20 is already listed on KuCoin)

Migration and Conversion

Migration of KYTE BEP20, KYTE ERC20 and KAT BEP2 to KAT BEP20

• 1 KYTE BEP20 : 100 KAT BEP20
• 1 KYTE ERC20 : 100 KAT BEP20
• 1 KAT BEP2 : 1 KAT BEP20

Optional conversion of KAT ERC20 to KAT BEP20

• 1 KAT ERC20 : 1 KAT BEP20

Registration

To convert your tokens:

• Send them to the corresponding burn address: 
  • ERC20 or BEP20 tokens: 0x000000000000000000000000000000000000dead 
  • BEP2 tokens: bnb1q3jxfnv53fpardw77qq6fpstvnhvhj98ackhhv
• Then fill out the Registration form below.
• Also check our instructions below if you need more details on how to convert.

Distribution

Distribution will be from January 2023, in the first 2 weeks of each month for the registrations submitted in the previous month.

Listing KAT BEP20

Kambria team will update token statistics quarterly in Tokenomics page, regarding the mint of KAT BEP20 according to the burn of KYTE BEP20, KYTE ERC20, KAT BEP2 and KAT ERC20 in the migration and conversion.

We are also working on the KAT BEP20 listing plan:

• Our criteria to look for the exchange partner is still the same as mentioned in Kambria Token Plan Update Sep 2021: they are in Top 30 CoinMarketCap and their requirement of trading volume is in line with our capability.
• The timing would be in Q1-Q2 2023. 

Please stay tuned for our listing announcement when we are ready.