• Short guides to forum navigation, searching, posting, translation, alerts and notifications viewable by clicking here.
  • Türk dostlarımıza hoş geldiniz Giriş burada.
  • Scammers are running ads on Facebook and Instagram claiming a giveaway. DO NOT OPEN THESE LINKS AND LOG IN. See this thread: here

Kvt yield launch on April 30th

We are delighted to announce the upcoming launch of the KVT yield on 30th of April 2023.

The completion of the Kinesis yield system will see a retroactive payout of gold and silver to KVT holders, with a total value of $4.82 million, at the time of writing.

Those users who already store their KVTs in their Kinesis account or have previously linked the external wallets containing their KVTs will automatically receive their yields without further action.

In order to receive their yields, KVT holders who hold their KVTs outside of the platform must move their KVTs directly into their Kinesis account or, alternatively, link the address of all the external wallets holding their KVTs, with their Kinesis account.

Please note: You must complete one of the above actions prior to April 30th or you will lose all KVT yields earned, as Kinesis will be unable to verify the account to be credited.
 
Click to expand...
ctharvey said:
We are delighted to announce the upcoming launch of the KVT yield on 30th of April 2023.

The completion of the Kinesis yield system will see a retroactive payout of gold and silver to KVT holders, with a total value of $4.82 million, at the time of writing.

Those users who already store their KVTs in their Kinesis account or have previously linked the external wallets containing their KVTs will automatically receive their yields without further action.

In order to receive their yields, KVT holders who hold their KVTs outside of the platform must move their KVTs directly into their Kinesis account or, alternatively, link the address of all the external wallets holding their KVTs, with their Kinesis account.

Please note: You must complete one of the above actions prior to April 30th or you will lose all KVT yields earned, as Kinesis will be unable to verify the account to be credited.
Click to expand...
Does anyone know the gas fees associated in transferring the KVTs from Coolwallet back into the KMS exchange?
 
Raj said:
Does anyone know the gas fees associated in transferring the KVTs from Coolwallet back into the KMS exchange?
Click to expand...
There is no need to transfer an
kvt to link the Coolwallet and kms.

The process is signing a message through the Coolwallet. wallet connect and kms.

No gas fees
 
Raj said:
Does anyone know the gas fees associated in transferring the KVTs from Coolwallet back into the KMS exchange?
Click to expand...
As Gold says above, you can just link your wallet.
There will be detailed guides coming out in good time to do this before it's needed.

If you've decided that you want to transfer to your KM account anyway, just start the process on your CoolWallet (Send, KVT, fill in the destination address) and you should see the current fee, without going through with the transaction.

I just did that and it came out at 0.0011 ETH, or about $2 at current prices.
 
Uchiki said:
As Gold says above, you can just link your wallet.
There will be detailed guides coming out in good time to do this before it's needed.

If you've decided that you want to transfer to your KM account anyway, just start the process on your CoolWallet (Send, KVT, fill in the destination address) and you should see the current fee, without going through with the transaction.

I just did that and it came out at 0.0011 ETH, or about $2 at current prices.
Click to expand...
Thanks Uchiki,

In the Kinesis email they recommended KVT holders move their KVTs into their associated Kinesis accounts as the process is a lot simpler.

I have half of my KVTs in my Kinesis account and the other half on my Coolwallet. I’ll wait for a detailed procedure on how to link my KVTs to the Coolwallet as I don’t feel comfortable keeping all my eggs in one basket.
 
Guys, I had not updated my Coolwallets in quite a while and thought I should install the latest firmware before our KVT yields begin. The Coolwallets would not update until I removed and reinstalled the the app. When entering in the seed words it gave an error message and I triple checked them before verifying. I almost had a heart attack!!!
I noticed the Coolwallet was still in pairing mode and rebooted it and entered the seed words again and thank God it worked, seemed like I dodged a bullet.
Went through the same process with my wife’s Coolwallet and it gave the same error the first time when entering the seed words.
If this happens to you Guys don’t panic, we have waited so long for this time and I wouldn’t want to see any of us drop dead just when things are starting to get going 😎
 
One of the most exciting things about the yield is not the quantity of metal it currently represents but the prospect that TC and Kinesis have enough in the works to justify the current market price for KVT, which we have no information on and will just end up in our laps someday.
 
Raj said:
Guys, I had not updated my Coolwallets in quite a while and thought I should install the latest firmware before our KVT yields begin. The Coolwallets would not update until I removed and reinstalled the the app. When entering in the seed words it gave an error message and I triple checked them before verifying. I almost had a heart attack!!!
I noticed the Coolwallet was still in pairing mode and rebooted it and entered the seed words again and thank God it worked, seemed like I dodged a bullet.
Went through the same process with my wife’s Coolwallet and it gave the same error the first time when entering the seed words.
If this happens to you Guys don’t panic, we have waited so long for this time and I wouldn’t want to see any of us drop dead just when things are starting to get going 😎
Click to expand...
When you set it up initially, you'll have no doubt started over and recovered the wallet from your seed words before you started using it in anger.

Hopefully, that will have provided reassurance that you'd recorded the seed words clearly and correctly and therefore avoided any undue panic when you hit this little glitch.
 
Will externally linked KVT have yields paid into the KMS account or the external wallet?

Eg. Will the ETH address on my Coolwallet receive the KAU/KAG or does the KAU/KAG go into my exchange account?
 
Schlepti said:
Will externally linked KVT have yields paid into the KMS account or the external wallet?

Eg. Will the ETH address on my Coolwallet receive the KAU/KAG or does the KAU/KAG go into my exchange account?
Click to expand...
All yields are paid into your KM account.
 
Uchiki said:
When you set it up initially, you'll have no doubt started over and recovered the wallet from your seed words before you started using it in anger.

Hopefully, that will have provided reassurance that you'd recorded the seed words clearly and correctly and therefore avoided any undue panic when you hit this little glitch.
Click to expand...
There’s no anger here my friend, maybe a little fear … 😰
 
Hi is there some where I can find a guide on how to link and sign my kvt
From my cool wallet?
 
My external wallet has been linked with the exchange. I don't know who did it, the address of the wallet is correct. The date since has been collected is not, it shouldn't have any impact on distribution?
 
You must log in or register to reply here.

Translate

Back
Top