How Litentry Network Launched the Crowdloan Program With The Best Rewards On ...
The nascent Polkadot ecosystem probably offers the biggest upside in terms of growth in the crypto space. With its slot auctions recently inaugurated, investors are in search of the next big project with the best risk/reward to maximize their DOT staking bonuses. However, many projects, such as Astar Network, Bifrost, Manta Network, and others have […]
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PRESS RELEASE. Litentry, a decentralized identity aggregation protocol, has revealed the launch of its Crowdloan Reward Program scheduled to go live from November 4, 2021. This represents a significant development in its quest to win a slot ahead of the upcoming Polkadot parachain auction. Join the crowdloan on Binance now to enjoy 20% LIT (20,000,000 LIT) total supply with an extra $2.5M reward pool, with approx. 2760% APY as of Nov 4. An Innovative Crowdloan program Crowdloan is a growing trend taken by projects to receive enough funding to participate in Polkadot’s parachain....
The crypto space is becoming more and more interoperable, developers in search of great adoption and success will need to embrace this trend. Amongst the ruling blockchains, Polkadot and its unique approach to governance and interoperability are quickly becoming the hub for the projects that could usher the future of the industry. Unlike Ethereum, Cardano, and other blockchains, Polkadot leverages a distinctive mechanism that lets the community choose the projects that will occupy limited slots on the network. To participate in the auctions, projects need to gather enough funds. Once the....
PRESS RELEASE. The blockchain industry is an ever-evolving world and Litentry is at the forefront of this revolution. Litentry intends to create a truly decentralized identity aggregation solution that will power web 3.0 applications.
Its blockchain architecture is advanced and has witnessed massive growth due to its application in different sectors. Litentry has also created a DID Startups Programs that incentivizes innovative teams to build products that will add value to its blockchain. To continue its growth, Litentry has applied for a Polkadot Parachain slot that will....
Composable Finance, a decentralized finance (DeFi) infrastructure project aiming to improve financial applications on the blockchain, has announced its acceptance of stablecoins into its crowdloan. This is a major development in the space, as it marks the first time that users can contribute stablecoins into a crowdloan for a parachain, instead of having to purchase […]
The move comes after 18 Polkadot parachain auctions were secured on the original SALP protocol. On Friday, Bitfrost, a Web 3.0 derivatives protocol that provides decentralized cross-chain liquidity for staked assets, launched the updated Slot Liquidity Auction Protocol dubbed "SALP 2.0." Projects such as Moonbeam, Unique network, OAK network, Polkadex, etc., held their parachain crowdloans on Kusama and Polkadot via the original SALP. A total of 8,834,746 vsKSM ($439 million) and 3,045,564 vsDOT ($21 million) was minted through the protocol.The SALP protocol works by releasing the....