After the Merge of Mainnets, Finschia's FNSA Tokens and Governance Transition to Kaia
Publication Time:2024-08-19 13:21:08
In the wake of the successful FGP-23 proposal, Finschia and Klaytn have agreed to consolidate their mainnets. This amalgamation signifies a complete shift of Finschia's token system and governance structure to the Kaia mainnet platform once it commences. It's worth noting that the inflation mechanism for FNSA is set to expire on August 26, 2024, and FNSA will be transformed into KAIA at a ratio of around 148:1. Prior announcements indicated that the KaiaDLT Foundation has established its presence in the Dubai International Financial Centre and Abu Dhabi Global Market, underscoring the final stages of preparations for the Kaia mainnet's official launch, which is anticipated for August 29, 2024.
translated keyword for governance mechanism
translated keyword for Finschia
translated keyword for Klaytn
translated keyword for Kaia mainnet
translated keyword for FNSA tokens
translated keyword for merge
translated keyword for mainnet transfer