Kyber FAQs - Learn more about KNC

All you need to know about the transition from Kyber Network Crystal Legacy (KNCL) to the new Kyber Network Crystal (KNC) token and how to perform the swap directly inside your Exodus wallet!


In this Article:


KNCL Swap Questions

What is happening to Kyber?

Kyber is going through an upgrade. The Kyber team is replacing their old Kyber token with a brand new Kyber token. For now, both tokens will exist side by side. Kyber (old) can be swapped for the new token at a 1:1 ratio.

Why do I see old Kyber (KNCL) and Kyber (KNC) in my Exodus wallet?

The Kyber team has kept the name of the new token as KNC. The old token has been named KNCL.

Therefore, you'll see two wallets in Exodus that will hold the old and new Kyber:

  • Kyber (old) KNCL - old token
  • Kyber (KNC) - new token

How Do I swap from KNCL to the new KNC?

Desktop:

To swap your Kyber (old) (KNCL) to the new version of Kyber all you will need to do is the following:

1
Open your Kyber (old) wallet.
2
Open the wallet's Asset Menu by clicking the 3 dots in the top right-hand corner and select the Claim KNC option.

3
Confirm you want to swap by clicking Swap Now on the pop-up screen.

That's it! Do not close Exodus. Wait for the swap process to complete and you see the Swap Successful! screen (should not take more than a minute). Once the swap is complete you can go to your new Kyber wallet to view your newly deposited KNC tokens.

Mobile:

To swap your Kyber (old) (KNCL) to the new version of Kyber all you will need to do is the following:

1
Open your Kyber (old) wallet.
2
Tap on the cog in the top right corner to open the wallet's Advanced Options.
3
You can now see the screen to Claim KNC. Tap Claim.

That's it! Do not close Exodus. Wait for the swap process to complete and you see the Success! screen (should not take more than a minute). Once the swap is complete you can go to your new Kyber wallet to view your newly deposited KNC tokens.