Reclaiming Your KSM from the Turing Crowdloan 💰
The following article explains how contributors to the original Turing Network crowdloan on Kusama can reclaim their locked KSM tokens.
Direct Contributors
It has been officially 48 weeks (one lease period) since our successful Turing Network Crowdloan on Kusama! Our team at OAK Network is incredibly proud of the progress that our network and our community has made in this time.
If you contributed $KSM to our crowdloan in 2022 you will now be able to receive your KSM back to your contributing wallet. If you contributed directly to the crowdloan through the Turing Web App, your tokens will have automatically been returned to your wallet. If you are unsure if you contributed directly, you can check by using the link below and entering your Kusama wallet address.
Any users who contributed directly through the Polkadot.js crowdloan tab will also have automatically received their KSM tokens back to their contributing wallet. You can see a comprehensive list of all returned KSM to contributors through Subscan and the link below.
https://kusama.subscan.io/account/F3opxRbN5ZZRfqouudzGGwfLKTK4pUd1f8Vy6YjdtoRCWBR
Bifrost SALP Contributors
Users who contributed to the Turing Crowdloan using Bifrost to receive liquid derivatives are also available to redeem their KSM tokens. Our friends at Bifrost have put together this tutorial video for redeeming vsKSM and minting vKSM.
For more information about Bifrost we recommend checking our their website on the link below.
Turing Network Token Distribution
Contributors to the Turing Crowdloan will also receive their fourth and final token distribution rewards on April 4th 2023. If you have any questions about your token distribution rewards we recommend reaching out to our team on our community Discord.
While this is our final Turing Crowdloan reward distribution, users of the Turing Network will not experience any changes to the network as our team has already secured a second lease period by winning Kusama auction number 69. You an learn more about that in the link below.
https://medium.com/oak-blockchain/turing-network-wins-the-69th-kusama-parachain-auction-217b1e1efd50
OAK Network Crowdloan Rewards
Now that our Turing Network rewards are being finalized our team is excited to focus on our Polkadot parachain crowdloan rewards! Users who contributed to our OAK Network Crowdloan can expect a comprehensive update in the short future.
About OAK Network
OAK Network is a layer one blockchain that enables multi-chain applications to automate single or recurring transactions using a simple ‘if this’ trigger condition and ‘then that’ transaction instruction. As the web3 hub for cross-chain automation, OAK unlocks a diverse range of rich DeFi user experiences including scheduled and recurring payments, stable-cost-averaging, stop loss and limit orders, and non-custodial copy trading.
