Kaia was formed through the merger of the Klaytn and Finschia blockchains by Kakao and LINE. it provides stablecoin infrastructure for onchain finance and capital markets, designed to integrate into everyday apps across Asia.
Kaia has the lowest transaction latency amongst leading EVM L1s with 1-second block time and immediate finality, enabling snappy user experiences and opening possibilities for use cases that require near-real-time responsiveness.
Support for account abstraction, gas fee delegation, and integration with the LINE and Kakaotalk messenger apps massively simplifies the user onboarding and usage experience, and gives Kaia builders instant access to over 250 million users.
EVM equivalence, planned support for CosmWasm, and integration with industry leading cross-chain bridges gives developers unparalleled flexibility and users a borderless ecosystem that embraces all of Web3.
Support for account abstraction, gas fee delegation, and integration with the LINE and Kakaotalk messenger apps massively simplifies the user onboarding and usage experience, and gives Kaia builders instant access to over 250 million users.
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This is due to varying lead time requirements from the multitude of centralized exchanges that have KLAY listed. To avoid confusion where some CEXes list the token as KAIA and some as KLAY, a decision was made to synchronize the ticker transition from KLAY to KAIA across all CEXes, DEXes, DApps, and wallets.
Once the KAIA coin launches, your KLAY balance will automatically be reflected as KAIA. When the Kaia Portal goes live, FNSA holders will be able to utilize its swap service to burn their FNSA tokens on the Finschia network and claim an equivalent value of KLAY tokens in preparation for the KLAY to KAIA transition. Please read this post to learn more about swapping your FNSA to KLAY.
