Penguin Card has released more details, the core takeaways are: In partnership with KAST, KYC is not directly available in mainland China, but passport + Hong Kong address is acceptable; tested successfully. The card has three tiers: Standard, Black, and Gold (Figure 1). Referring to the original KAST card tiers (Figure 2), the Standard card should be free, while the Black card, in addition to invitation-based ranking, may have annual fees of $1000 and $5000 respectively. Cashback: The Standard card nominally offers 6% cashback, consisting of 2% KAST points and 4% $MOVE tokens. - KAST points can be converted into token rewards during Q2/Q3 TGE this year (there's a catch: a one-time conversion halves the reward). - The 4% $MOVE tokens are time-limited; there's no expiration date yet, but they are available for the first $2000 of spending each month, and then disappear. It feels like the whole thing has been outsourced to a third party; I haven't seen any integration with the @pudgypenguins ecosystem yet, which is a bit disappointing. twitter.com/OKxiaohai/status/2...
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