In order to make KNC support more efficient upgrades, Kyber has enabled the migration of KNC tokens. KNC holders can follow the specific instructions below to complete the migration.

As per Kyber's migration guide, 1 old KNC will be migrated to 1 new ERC-20 KNC token. Once the migration is complete, the new KNC will be available for staking in KyberDAO and providing liquidity in Kyber DMM, among other things. KNC  holders are advised to migrate as soon as possible.

Migrate your old KNC to new KNC

  1. Choose "Browse" in the navigation bar, and search "KNC Migration".
  2. Click on "Import Wallet" -> "CONNECT" -> "Connect" -> "Authorize" to use KNC Migration, then click the return button in the top left corner.
  3. After entering the number of old coins to be migrated, click on "Migrate" -> "Approve" and confirm the transaction.

Old KNC contract: 0xdd974d5c2e2928dea5f71b9825b8b646686bd200

New KNC contract: 0xdeFA4e8a7bcBA345F687a2f1456F5Edd9CE97202