Kusama Parachain auctions are incoming. Different competing projects will participate in the auctions to win a slot in the Kusama Relay Chain. Winning a Kusama slot will mean that the project’s blockchain will now be able to leverage the governance and security features of Kusama. This reduces the load on the parachains and makes them faster.
You mention this briefly, but how exactly do you participate in crowd loans like these using Kraken? Also in that sentence there is a typo; crown should be crowd I am guessing.
I had absolutely zero idea that this existed until I read this. This is so cool and... Crowdloans??? Yes please. That concept is awesome. I love that there is always something new to discover in this space. No matter how much I think I learn, the great thing it's that I can NEVER know everything. I love that.
the concept of crowdloan is interesting, to be able to receive staking rewards and defi interest as well. Will definitely be looking into these options to see who can win the parachain auction. Thanks for the update Ruma!
You mention this briefly, but how exactly do you participate in crowd loans like these using Kraken? Also in that sentence there is a typo; crown should be crowd I am guessing.
This is getting interesting. Just a glimpse of what's to come to Polkadot soon.
I had absolutely zero idea that this existed until I read this. This is so cool and... Crowdloans??? Yes please. That concept is awesome. I love that there is always something new to discover in this space. No matter how much I think I learn, the great thing it's that I can NEVER know everything. I love that.
I was not even aware this is a thing !
I’m glad people is doing stuff like this and keeping this shit growing.
the concept of crowdloan is interesting, to be able to receive staking rewards and defi interest as well. Will definitely be looking into these options to see who can win the parachain auction. Thanks for the update Ruma!