How Litentry’s Innovative Crowdloan Program Gives DOT Holders A Chance To Max...
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....
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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....
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 […]
As a blockchain project capable of bridging the gap between Etheruem and Polkadot, Moonbeam quickly gathers attention from enthusiasts. Tackling cross-chain interoperability poses many challenges that need to be resolved. With over 80K KSM contributed in only a week, the project’s Crowdloan initiative is well worth keeping an eye on. Moonbeam Keeps Pushing Forward As […]
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 […]
The Polkadot parachain auctions are continuously creating waves in the blockchain and DeFi space as promising projects are participating and seeking support to enable their vision for the future of the Dotsama ecosystem. Composable Finance has officially launched their crowdloan for the auctions in the second batch, opening the door for the DeFi ecosystem to support their efforts in securing a Polkadot parachain. It is important to note that Composable Finance has previously procured a Kusama Parachain and is taking a similar approach in their campaign for the DOT parachain. ....