Darwinia Crab’s Kusama Parachain Auction Strategy

About Crab Network

Darwinia Crab Network (Crab for short) is the canary network for Darwinia. It is the first cross-chain NFT blockchain in the Polkadot ecology and provides the smart contract solution. Crab is going to participate in the Kusama Parachain Slot Auction.

Crab Network Features

  1. Providing smart contract solutions: Crab Network DVM is compatible with the Ethereum virtual machine, and supporting Dapps such as Defi and NFT to easily migrate to Polkadot and Pangolin testnet.
  2. Cross-chain interoperability: Relying on the innovative bridge technology of the Darwinia Network, it also provides an entrance to the Polkadot ecology for projects that have been deployed on public blockchains such as Ethereum and BSC.
  3. Evolution Land Crab Continent GameFi system: The new continent of Darwinia ecosystem cross-chain game Evolution Land has been deployed on Crab, will soon launch the new NFT+Defi GameFi system.
  4. Faster and easier user experience: Crab network can bring users a very high-quality experience, including very low transaction fees and ultra-fast transaction confirmation speed.

Crab Network is going to participate in the Kusama Parachain Slot Auction

Kusama is a multi-chain network. Parachains can be accessed through slots. Parachains and Kusama jointly form an interoperable blockchain network. Kusama guarantees the security of the entire network, while parachains provide a variety of capabilities for the entire network. All parachains must participate in the parachain auction to obtain the right to rent a slot.

Crab PLO Strategy

PLO Strategy

  1. Bidding Period: Considering the first few parachains to connect may experience stability issues, we plan to begin bidding for a slot in the 4th round.
  2. Range: Lease periods on Kusama are 6 weeks long and we will bid for a block of four, making our lease duration 6 months. The longer lease duration will ensure long-term stability of Crab network.

PLO Rewards

Guaranteed rewards

Every 1 KSM donated by supporters of Crab during the Crowdloan will earn a reward of about 25 CRING per day immediately at the end of the auction.

Rewards for a successful bid

After successfully winning the slot, we will distribute a 240,000,000 CRING prize pool and a 6,000,000 RING prize pool.

  • Lottery tickets will expire 20 days after Crab successful bidding.

BTC Prize Lotto

In addition to NFT rewards, We will also offer a Mystery BTC Super Prize hidden somewhere in the NFT land. Within 20 days after the parachain auction is finished, all players who get the Evolution Land NFT Legendary Package lucky draw will have a chance to win the BTC lotto prize!

How to develop on Crab

Crab is compatible with the Ethereum Virtual Machine (DVM). DApp Based on the Ethereum virtual machine, can be migrated to the Crab network seamlessly or with a small amount of modification. More projects that have been deployed on other public chains after the cross-chain bridge is opened can directly choose to develop on Crab and easily enter the Polkadot ecosystem.

  • Darwinia Grant
  • Funding opportunities (assist in applying for other grant or access to capital)
  • Community support (help build communities, or connect to Darwinia communities)
  • More information

About CRING

CRING is the token of the Darwinia Crab network, CRING holders can participate in staking and on-chain governance.

Join the Crab Crowdloan Warm Up Event to win 100,000 CRING!!

Duration of the Event

May.24th - May.31th (UTC+8)

Rewards

Top 1 will win 10,000 CRING

All you need to know about Darwinia

[Website] [Twitter] [Telegram] [GitHub] [Discord]

As an open cross-chain bridge protocol based on Substrate, Darwinia focuses on the construction of future Internet of Tokens. TG: http://t.me/DarwiniaNetwork