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Copy pathKarura Crowdloan Walkthrough.srt
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Karura Crowdloan Walkthrough.srt
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Hi everyone, this is Bette. You are here,
congratulations! You are witnessing the
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launch of the decentralized web,
the first ever crowdsourced parachain
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auction on Kusama, Polkadot canary
network.
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Now of course Acala canary network,
Karura, is at the very forefront of this
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unprecedented launch.
By supporting Karura's crowdloan here
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you will be helping us
to launch the DeFi hub of Kusama,
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which will allow you to trade, stake, lend
and borrow
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and earn various youths on your digital
assets.
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But of course no promises, expect chaos
and expect
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Karura. Now let me run you through
number of ways to participate in the
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Karura crowdloan.
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If you have a referral link, you can use
that to join the event directly,
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otherwise you can just go to our website
acala.network to participate.
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There are three ways we recommend to
participate in the event
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to maximize your rewards, but it's
permissionless event
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so you can well make your own judgment
on how you would like to participate.
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Well, obviously, you can participate just
directly on this website
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using polkadot.js extension or
you can participate via our partner
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exchanges
or via our partner mobile wallets.
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We will continue to add official
partners to the list
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as they become ready. Please, do reach out
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to the exchanges and
wallets for any support questions.
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Before you start though, do check if you
have the extension
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installed and also have some free KSM
in your wallet to participate.
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The Karura crowdloan will airdrop a
minimum of
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12 KAR rewards for 1 KSM contributed in
the event.
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Okay, now let's connect to the extension.
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Please read and accept the terms and
conditions regarding the event and also
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the privacy policy,
before you proceed. Your acceptance will
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be a
signed message from your current account.
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It won't be sent on chain
and won't cost you anything.
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If you have contributed to the event
already, you shall see a balance on top
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and estimated KAR rewards. Then just put
in the KSM
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contribution amount. Notice the lease
period
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is 48 weeks, so if Karura successfully
wins the auction,
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your KSM will be locked for 48 weeks
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and 30% of all rewards are transferable
up front, the remaining will be vested.
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You can contribute multiple times
during the entire crowdloan period.
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If you used a referral link, the referral
code will be filled in automatically.
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Otherwise you can just grab a code from
our discord community
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and you'll receive 5% bonus.
Now you can just
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submit the contribution transaction to
the Kusama relaychain.
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This may take a few seconds as it will
wait for Kusama to finalize and confirm
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your
contribution transaction.
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And that's all done! Please do share
your great achievement on Social Media.
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In any case,
congratulations again and thank you for
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making history
with Karura!