OAK Network Wins Polkadot Parachain Auction! 🎉🎉🎉
OAK Network has officially secured its Polkadot parachain slot by winning the twenty eighth auction after our crowdloan successfully raised a 150,000 DOT cap in under twenty four hours!
OAK Network Crowdloan
The OAK Network crowdloan received incredible support from our community and we have won the 28th Polkadot auction. Our crowdloan campaign launched on the 20th of September and received an immense amount of contributions in the first hours of the crowdloan opening. Our 150,000 DOT cap was reached in less than 24 hours from over 500 individual contributors.
Our team was immensely humbled by the support of our community — our team wants to extend a sincere and genuine thank you to everyone who has supported us. This includes those who were able to contribute to the crowdloan and those who may have missed out. Our success is thanks to everyone.
Comprehensive breakdown of crowdloan analytics can be found on the web3go.xyz site.
OAK Network Crowdloan Rewards
All contributors to the OAK Crowdloan will receive a base reward of 75.5 OAK per DOT contributed plus a range of bonus rewards including referral bonuses and potential bonus rewards through our partners Bifrost and Parallel. To see the total breakdown of rewards head to the link below.
To check your rewards head to the following link below and enter your wallet address that you contributed with — you will see a breakdown of rewards including bonuses. Our team will be updating distribution dates in the future so be sure to follow us on Twitter and join our community Discord.
For those who missed out on the crowdloan
If you are an OAK Network supporter who missed out on the crowdloan because of how fast the cap was reached, our team is considering the best ways for us to create opportunities for you. We realize that many people who may have wanted to contribute missed out so we are going to do our best to continue finding ways to support our community.
We would once again like to thank everyone who has helped grow the OAK Network community. Our successful crowdloan is a testament to the strength of the OAK and Turing supporters. An extra thank you to all the ambassadors, moderators, content creators, and community members who have helped create such a vibrant and passionate community.
OAK Network & Turing Network
Our team at OAK Network is proud of the progress we have made in the last 12 months. Everyone on the team is incredibly excited to have secured both Polkadot and Kusama parachain slots and to continue to grow the Dotsama ecosystem by bringing automation functionality to Polkadot.
To learn more about our plans for the future check out our website with the link below.
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.
