Crab Crowdloan Rewards Initial Distribution

Darwinia
DARWINIA NETWORK
Published in
3 min readFeb 24, 2022

Supporters! We’ve distributed the 10% CRAB and CKTON rewards of the Crab Kusama Slot Auction. We‘ve won the 22nd Kusama parachain slot, and now we‘ve connected to Kusama as a parachain. Thanks for contributing to Crab Network!

10% of Crowdloan Rewards Pool Available Immediately

This initial distribution includes 10% of CRAB/CKTON rewards (10% of the 200,000,000 CRAB and 8,000 CKTON rewards pool) to contributors immediately. These funds have already been distributed to the Crab addresses provided during the crowdloan contribution process. There is nothing you need to do to receive the funds, but you may need to ensure your wallet is switched to the Crab network in order to see that balance. You can also confirm receipt of these tokens via Subscan. And the remaining 90% will be linearly distributed over the 48 week lease period.

NOTE: Rewards showing on your contribution dashboard are final.

FAQ

Do I need to claim my tokens (CRAB+CKTON)?

No. The CRAB and CKTON rewards will be distributed to the Substrate-Based Crab Chain address associated with the Kusama address you used to contribute. In other words, you also don’t need to create a Crab account to receive your tokens. But you need to open up polkadot{.js} and switch to the Crab network to check your balance.

How to earn more CRAB rewards?

After you get your rewards, you can earn more CRAB by becoming a nominator. For more details about nominators, please refer to Polkadot wiki. About how to become a nominator, there will be a tutorial soon.

Contact Us

If you have any problems, please send an email to hello@crab.network.

About Crab Network

Follow Us: [Github] [Website] [Medium] [Telegram] [Twitter]

🔥🔥🔥 Crab Network is holding an online hackathon on the DoraHacks platform to fund the development of projects and applications that contribute to the Crab ecosystem and promote overall network growth. The USD 107,000 in the prize pool, will be allocated based on the votes of the judging panel.

Crab is a canary network with real economic value for Darwinia, and its positioning is similar to Polkadot’s Kusama Network. Crab Network has won the 22nd Kusama parachain slot! You can check Crab status through Polkadot{.js} , Subscan or Subview.

Crab provides smart contract solutions based on DVM (Darwinia Virtual Machine), which is compatible with the EVM (Ethereum Virtual Machine) paradigm. Therefore, it is easy for projects in the Ethereum ecosystem to migrate to the Crab Smart Chain. (Tips: DVM is built on Frontier with a fully EVM-compatible instruction set and an Ethereum RPC-like external interface.)

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Darwinia
DARWINIA NETWORK

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