4th March 2025

Homnifi Report – CloudK Migration & New Updates

CloudK Migration to Homnifi:

We are in the phase of transitioning the existing CloudK program from Kmall to Homnifi to better improve the user experience and ensure there is a seamless transition between applications. This migration is to ensure all Defi 360 offerings fall under the same suite. Migration Phase 1: 4th March

As part of Phase 1 of the CloudK program migration from Kmall to Homnifi, we are migrating all existing cLFI-W and cLFI-R wallet and reward balances from CloudK wallets to Homnifi Wallets. This step is important for us to set up all the software licenses and accounts within Homnifi for the Cloud K migration and to pre-test the integration within Homnifi. You will continue to generate the rewards on your Kmall platform for your Cloud K software licenses post the Phase 1 migration.

The claims and withdrawals will be temporarily halted while the Phase 1 migration is in progress to have a smooth transition.

New Swap Options (Zero Fees!)

Once migrated, users can now swap their CloudK balances visible in Homnifi with the following combinations without any fees:

SWAP Phase 1:

• cLFI-W → mLYK

• cLFI-R → smLYK

• cLFI-R → USDK Promo

`SWAP Phase 2:

• cLFI-W → mLYK and LYK-W

Migration Phase 2: (Date to be announced soon)

In Phase 2 for this migration your entire CloudK program will be moved within the Homnifi application along with all software licenses, transaction logs and existing wallet balances. You will be then able to:

• Initiate the claim for the locked tokens in CloudK.

• Continue receiving CloudK rewards within Homnifi for your active software licenses.

• Switch ON auto-link for your active software licenses.

The date for the phase 2 migration will be announced soon.

New sLYK Swap Combinations Launched:

To provide users with more rewarding swap options, we have introduced the following zero-fee swaps:

• sLYK → smLYK

• sLYK → USDK Promo

These swaps allow users to maximize their staking potential and participate in ongoing promotions.

Campaigns & Promotions:

1. Extension of the smLYK & USDK Promo Burn Campaign

Due to popular demand, we have extended the smLYK and USDK Promo burn campaign. Users can continue burning their balances during mLYK linking and enjoy the extended benefits.

2. USDK-OLD to mLYK Swap Promotion Discontinued

The 10% extra bonus for USDK-OLD to mLYK swaps has officially ended. Users who already availed this benefit can now use their converted mLYK for linking in NodeK machines and start earning rewards.

Upcoming Launches:

Exciting new features coming soon!

1. Online XK-Computer Connection Activity

• Users will soon be able to connect their XK-Computers online on Homnifi.

• Special rewards will be given for the connected and online machines.

• Get your XK-Computers shipped and ready to receive these benefits after launch!

2. Phase 2 migration for the CloudK Program

• The complete Cloudk platform with extended benefits outlined in the earlier section.

Stay tuned for more updates and get ready to maximize your earnings on Homnifi!