Kaia Portal v1.2 Release Notice

Kaia Portal v1.2 is coming — and bringing with it UI/UX improvements as well as all-new Missions!

These new Missions continue to revolve around providing liquidity to Kaia’s DEXes, expanding the number of Pools you can participate in for points — the more you supply, the greater your rewards!

New Missions

*Applicable from October 30th, 11:00 AM KST

• Capybara
  - Stable Pool (Stargate)
  >USDT (Stargate, Hydra)
  >USDC (Stargate, Hydra)
  - KRWO Pool
  >USDT (Portal from Ethereum)
  >KRWO
  >KAIA
  - LST Pool
  >npKLAY (npKAIA)
• Dragonswap
  - KAIA — stKAIA
  - KAIA — USDT (Stargate, Hydra)
  - KAIA — KRWO
  - USDT (Portal from Ethereum) — KRWO (0.2%)
  - USDT (Stargate, Hydra) — USDC (Stargate, Hydra)

The newly added Pools were selected primarily for tokens that can quickly increase liquidity in the Kaia DeFi ecosystem. Here’s a brief description of the selected tokens, and you can find detailed information about each project through the attached links.

• Kaia & Kaia LST: As the largest asset in the Kaia ecosystem, a significant amount of Kaia is deposited in GC staking, which is not calculated as TVL. Some of this can be directed to the DeFi ecosystem to revitalize the ecosystem. With these new Missions, npKLAY (npKAIA) will join the other Kaia LSTs as an incentivised pool.
• USD stablecoins: USDT.e (Stargate, Hydra) and USDC.e (Stargate, Hydra) are USD stablecoins that have entered the Kaia ecosystem through Stargate, a leading cross-chain bridge that has the unique advantage of not fragmenting assets transferred from various networks.
• KRWO: KRWO is a token issued by GimSwap, an open-source project, based on blockchain gift certificates Open Voucher. It has the advantage of providing a convenient Fiat on/off ramp to the Kaia ecosystem, which has a high proportion of Korean users.

On another note, the participation rate of FGP-23 voters in the Portal mission was higher than expected. As a result, we have adjusted the KAIA distribution amount for each milestone to ensure a fair environment in terms of APR rates and other factors.

The TVL criteria can be checked here, and a milestone is considered achieved when the threshold is exceeded for 3 consecutive days.

Kaia Portal will continue to review and apply improvements to ensure the continuous development of the Kaia ecosystem and a fair reward system for participants.