KAST Will End Points Earning and Convert Eligible Points to KPUs

KAST will stop awarding points on Nov. 30 and convert eligible KAST Points into KAST Pioneer Units (KPUs) in the first week of December, while U.S. users face a separate program with no announced conversion date. Points earned through and including Nov. 30 count toward conversion under the standard program. KAST will provide balances, conversion calculations and required next steps in December. Under the standard program, a special-purpose vehicle linked to KAST will issue KPUs. The units are contractual rights, not shares or ownership interests in KAST or the issuer.

Source: TokenPost