Transfer of 2Q24 KCF/KFF Budget Announcement

We would like to inform you that a transfer of 56,209,980 KLAY is set to be initiated following the approval of the 2Q24 budget plan through KGP-32. On May 21, these funds will be moved from the KCF/KFF wallets to the designated working wallets, earmarked for actual disbursements.

Therefore, the circulating supply of KLAY will increase instantly by the stated amount. It’s essential to understand that the actual distribution will occur at different times, consistent with specific schedules. You can refer to Klaytn Square for clear insight into each distribution event, along with detailed descriptions of the projects.

We appreciate your attention and continued support.

2Q24 budget transfer
KCF : 19,938,776 KLAY
(designated working wallet address: 0x53bbD1B961C9B42daD018bA60bC4BEEc3cBbc55a)

KFF: 36,271,204 KLAY
(designated working wallet address: 0x646aEE02bFa62Abb73e15DA9677E916e911d0b37)

Total: 56,209,980 KLAY