KAST Points End 30 Nov: KPUs, Vouchers and What to Do

What KAST Pioneer Units (KPUs) are

Like most points programmes, KAST’s was widely read as the run-up to a token. Instead, your points become KPUs. A KPU is a contractual right, meaning a promise under the programme’s terms. It is issued by an SPV (special purpose vehicle): a separate company linked to KAST and set up for this one job. Your December update names it.

What a KPU isn’t matters more. It isn’t a share. It gives you no ownership and no votes. You can’t sell it, transfer it or trade it, and it has no guaranteed cash value. Its value is notional: it exists on paper and can go up or down.

How it might pay: KAST plans periodic cash-out options but won’t commit to amounts or dates. In his 4 November email to users, CEO Raagulan Pathy said 120,000 options in the main company go to the SPV (options are rights to company shares), and future buybacks of those options could fund payments.

Nothing is guaranteed. KAST hasn’t said one KPU equals one option either, so ignore anyone doing per-share maths on it.

My view: a KPU is a claim on a maybe. But the acknowledgement costs nothing, and skipping it guarantees you nothing. Do it.

What your KAST points convert to

The rate isn’t in KAST’s published terms yet. KAST says your balance, and how it was worked out, come in your December update. The figure going round is from the CEO’s 4 November email: 6,250 points = 1 KPU, so 100,000 points = 16 KPUs. Treat the table as an estimate until your balance shows up.

At 6,250 points per KPU, from the CEO’s email of 4 November 2026. KAST hasn’t confirmed the rate in its terms, or said whether part-units such as 1.6 KPUs are kept or rounded.

What one more KPU costs at today’s rates

Since KAST moved to cash rewards in May 2026, only the paid plans earn points from card spend. Premium ($1,000 a year) earns points worth 1% of eligible spend and Private ($10,000 a year) earns 2%. KAST’s own points FAQ puts $1,000 of spend at 125 points on Premium and 250 on Private, a reference rate of $0.08 a point.

Eligible spend means card purchases that earn rewards. Cash-like transactions, financial services, gambling, government payments and insurance premiums are among the categories that don’t count.

So one more KPU (6,250 points) takes about $50,000 of eligible spend on Premium, or $25,000 on Private. At that $0.08 rate, 6,250 points equal about $500 of rewards. That’s what spending earns on paper today. It is not what a KPU is worth.

It’s also not what your existing balance cost. Points ran in seasons with their own rates. Season 5, which ended on 31 March 2026, quoted points at 2% to 8% of spend depending on the card, a headline rate 2 to 8 times Premium’s 1% today. The free Standard plan earns no points from card spend now, but any points you already hold convert like anyone else’s.

KPUs or vouchers: who gets which

KAST decides your route from four things: your points balance, your KAST balance, your country of residence, and legal and regulatory requirements. It hasn’t published a points threshold or a country list. The email and in-app announcement that came with the news already say which route KAST expects for you, and the December update confirms it.

If you got the voucher announcement, KAST doesn’t expect your current points balance to qualify for KPUs. Reward vouchers are credit for eligible card spending. They aren’t cash and can’t be withdrawn. Amounts, limits and expiry dates come in December. You can’t pick vouchers over KPUs or swap one for the other. If your route looks wrong, ask Concierge for an eligibility review.

If you live in the US

US users can only get KPUs through a separate US programme with its own terms, checks and timing. KAST says it will contact US users separately, and no US date has been announced. If you aren’t eligible or don’t complete it, you get vouchers instead.

Is it worth spending more to earn KAST points?

Not for the points alone. At the reported 6,250 points per KPU, each extra KPU takes about $50,000 of eligible spend on Premium or $25,000 on Private, and only if you land on the KPU route. For that you get a unit you can’t sell, with no promised payout.

Earning stops on 30 November, so paying $1,000 or $10,000 for a plan now to chase points makes no sense to me. Only count spending you’d make anyway.

What carries on: the KAST card and cashback

The card keeps working, and KAST says cashback continues on its own terms. Ending points doesn’t touch it. Normal spending earns stablecoin cashback: 1.5% on Standard (on up to $2,000 of spend a month), 2% on Premium (up to $10,000) and 3% on Private (up to $40,000). That’s the part of the card with a known value.

If you only kept a balance at KAST for the points, compare what it could earn on stablecoin yields on Solana once December confirms your route.

Fake KPU claim links

The acknowledgement happens only inside the KAST app, and converting costs nothing. Any DM, X reply, Telegram message or website asking you to “claim”, “accept” or “verify” KPUs, connect a wallet or pay a fee is a scam. A cancelled token plus confused holders is exactly when fake claim pages show up.

Open the app yourself rather than tapping links in emails. If something looks off, ask Concierge inside the app.

Is there still a KAST airdrop?

No. KAST cancelled its planned TGE (token generation event, the day a token goes live) and announced the switch on 2 November in a CEO update on Pioneer Units. Points now become KPUs or vouchers. Guides and videos still promising a KAST airdrop are out of date.

The lesson isn’t new. Points are a reward, not a promise of a token, so farm them only with spending you’d do anyway. XPlace, a non-custodial Solana card that also pays XP points, has plans from free to $999 a year and pays 0.5% to 2% cashback in USDC in Credit Mode. KAST pays 1.5% to 3% cashback, with no points after 30 November.

Written on 13 November 2026. KAST’s personal updates, with the acknowledgement deadline, the issuer’s name, voucher terms and your confirmed balance, are due in the first week of December 2026.

KAST points FAQ

Can I still use or redeem my KAST points?

Possibly, in one way. KAST’s points FAQ still lists a membership redemption: Premium for 25,000 points or Private for 250,000, requested through Concierge during an eligible redemption period. Neither of KAST’s FAQs says whether a period is open now, so ask Concierge before 30 November. Anything you redeem leaves fewer points to convert: 25,000 points is 4 KPUs at the email rate. If you’d pay for Premium anyway, I’d take the membership, because it’s a known benefit and 4 KPUs have no promised payout. Otherwise points have one path: they count until 30 November and convert to KPUs or vouchers in December.

Can I still earn KAST points for free?

Only until 30 November, and only by staking SOL. The free Standard plan earns no points from card spend. But KAST’s Solana card page still offers points for staking: hold a Solana card (the Standard one is free), stake SOL with the KAST validator from your own wallet, connect that wallet in the KAST app and claim. Points then arrive each epoch, about every 2 days. The page doesn’t give the rate, and KAST’s transition FAQ says the change doesn’t expand who can earn points, so check the ways to earn in the app before you stake for this. The first claim needs an epoch to pass, so only a handful of epochs remain.

Is KAST safe?

KAST is custodial: it holds your money for you, rather than you holding it in your own wallet. It describes itself as a financial technology company, not a bank, with accounts, cards and custody provided by licensed partners. In the US, banking runs through Bridge and Lead Bank. Its yield products aren’t bank deposits and aren’t covered by deposit insurance. Keep there only what you’re comfortable leaving with a company.

What does “points update in progress” mean?

KAST hasn’t explained the “points update in progress” message publicly. On the main programme, final balances are due under the Rewards tab in the first week of December; US users have no conversion date yet. If yours is missing after that, ask Concierge.