The Ultimate Guide for PolkaSmith Crowdloan

PolkaFoundry
Red Kite
Published in
6 min readJun 14, 2021

Breaking down every step to join and contribute your KSM to PolkaSmith’s crowdloan.

📢 25 Aug — Latest Updates:

For Kusama Parachain Auction Batch 2 that starts on the 1st of September, we have now introduced a new crowdloan campaign HERE.

🎁 How to link ERC-20 address on Polkadot.js.org

How to link ERC-20 address (for contributors to join $KABY IGO on GameFi Launchpad)
  • Visit Parachains Crowdloan on polkadot.js.org PolkaSmith parachain campaign (PolkaSmith index is 2009);
  • Visit Extrinsics Submission, Click [Submit the following extrinsic] and choose crowdloan;
  • Type “2009”, PolkaSmith campaign index, on [index: Paraid];
  • On [memo:Bytes], paste the Erc-20 wallet address you intend to register on GameFi
  • Click [Submit Transaction] — [Sign and Submit];
  • On the popup, enter your password and click [Sign the transaction].

PolkaSmith is the canary network of PolkaFoundry on Kusama, and PKS is PolkaSmith’s native token. Participants who support us to win the Kusama auction will share a reward pool of 10,500,000 PKS and many extra rewards.

You can contribute to PolkaSmith crowdloan either directly from a supported exchange or by installing one of the Kusama-compatible wallets.

  • Kusama-compatible Wallets: We recommend Red Kite crowdloan and Polkadot.js Browser Extension Wallet for desktop users; and Fearless Wallet for mobile users.

📌 Note: Fearless Wallet integrates crowdloan support, so it is very convenient.

  • Exchanges: OKEx and other exchanges that support our crowdloan will be announced shortly.

📑 I. Join PolkaSmith crowdloan with Kusama-compatible wallets

👉 1.1. Create a Polkadot.js Extension Wallet

1️⃣ Step 1: Install the Polkadot.js Browser Extension.

2️⃣ Step 2: Create a Kusama address on Polkadot.js

  • Click the orange little “P” button in your browser bar;
  • Click on “Gear Icon” in the upper right corner;
  • Choose [Kusama Relay Chain] under “Display Address Format For”;
  • Click on the “Plus Icon” and on [Create new account].
How to create a Polkadot.js Extension Wallet

3️⃣ Step 3: Transfer KSM to your Kusama address on Polkadot.js

To copy the Kusama address, you need to click the [Copy] icon next to your account.

4️⃣ Step 4: Join PolkaSmith crowdloan

There are 3 ways to join a PolkaSmith crowdloan with Polkadot.js Extension Wallet. Each of them will be guided in the following categories from 1.2 to 1.4 in this post.

👉 1.2. Join PolkaSmith crowdloan on Polkadot.js.org

  • Visit Parachains Crowdloan on polkadot.js.org PolkaSmith parachain campaign (PolkaSmith index is 2009);
  • Press the button [Contribute] in the PolkaSmith section. Choose the address and type the amount of KSM to contribute. Then hit the button [Contribute] — [Sign and Submit];
  • A popup will appear. Enter your [Password] and hit [Sign the transaction]. Now on the site, the status will update in a few seconds.

👉 1.3. Join PolkaSmith crowdloan on PolkaSmith

How to contribute to PolkaSmith crowdloan on PolkaSmith
  • Visit PolkaSmith Crowdloan , click [Connect Polkadot.js Extension]- [Yes, allow this application access]
  • Scroll down to enter the amount of KSM to contribute and your ERC-20 wallet, click [Submit Contribution]
  • A popup will appear. Enter your [Password] and hit [Sign the transaction]. Now on Red Kite, it will show “You have successfully contributed”.

👉 1.4. Join PolkaSmith crowdloan on Newland (NOT OPEN FOR BATCH 2 YET)

How to contribute to PolkaSmith crowdloan on Newland
  • Visit PolkaSmith Crowdloan on Newland, connect Polkadot.js Extension by clicking the blue button on the top right corner;
  • Enter the amount of KSM to contribute, click [Contribution][Confirm];
  • A popup will appear. Enter your [Password] and hit [Sign the transaction]. Now in Newland, the status will update in a few seconds.

👉 1.5. Join PolkaSmith crowdloan via Fearless Wallet

Fearless is a mobile wallet designed by SORAMITSU for Kusama and Polkadot.

1️⃣ Step 1: Download the Fearless wallet application HERE

How to contribute to PolkaSmith crowdloan via Fearless wallet

2️⃣ Step 2: Create an account

📌 Note: Store the mnemonic seed phrases of your account safely.

3️⃣ Step 3: Transfer KSM to your Fearless wallet

To copy your address on Fearless:

  • Go to [Receive]
  • Click on the account and [Copy the address]

📌 Note: If you transfer from a centralized exchange (CEX), visit [Withdraw] on CEX.

4️⃣ Step 4: Join PolkaSmith crowdloan

  • Ensure you are on the Kusama network (the home screen should display KSM balance instead of DOT balance). If not, please switch to the Kusama network by going to [Setting] > [Network] > [Kusama, OnFinality node].
  • On the homepage of Fearless, click [Crowdloan];
  • On the crowdloan page, select [PolkaSmith];
  • Type the [Amount] of KSM you contribute and press [Confirm];
  • You will see your transaction result on the home page.

💱 2. Join PolkaSmith crowdloan via exchanges (NOT OPEN FOR BATCH 2 YET)

👉 2.1. Join PolkaSmith crowdloan on OKEx

PolkaSmith’s crowdloan on OKEx is open from 12:00 PM UTC, Tuesday, June 15, 2021.

How to join and contribute to PolkaSmith crowdloan on OKEx exchange
  • Visit the Kusama crowdloan page on OKEx HERE.
  • From the OKEx app, tap [Earn/DeFi], scroll down until you see Parachain Slot Auction, tap [Get Started]. From a desktop, directly visit the Kusama auction on OKEx.
  • In the [All] list, choose PolkaSmith, then tap [Vote] — [I understand]
  • Enter KSM Vote amount and tap [Confirm] to see the Success prompt. Note that the minimum staking amount is 0.1 KSM.

We are also working with some top-tier exchanges about PolkaSmith crowdloan support. Stay tuned to our upcoming announcements.

👉 2.2. Join PolkaSmith crowdloan on MEXC

How to join and contribute to PolkaSmith crowdloan on MEXC exchange
How to join and contribute to PolkaSmith crowdloan on MEXC exchange
  • Visit the Kusama crowdloan page on MEXC HERE.
  • Tap [Finance], then tap [Slot Auction]
  • Scroll down to find PolkaSmith crowdloan, choose [Vote] — [Next Step]
  • Enter KSM Vote amount and tap [Confirm]. Note that the minimum staking amount is 1 KSM.

Implemented on Kusama Network, PolkaSmith is a canary chain of PolkaFoundry, a one-stop production hub creating borderless and frictionless DeFi & NFT applications. PolkaSmith will be a reliable platform for early-stage startups to unleash their creativity, experiment with bold new ideas, and hack the growth.

Visit PolkaSmith’s website at http://polkasmith.polkafoundry.com/ for more information.

ABOUT POLKAFOUNDRY

PolkaFoundry is a platform for building borderless and frictionless DeFi & NFT dapps on Polkadot. It aims to be the one-stop production hub for DeFi & NFT dapps with all the necessary features, services, integrations, and tools for DeFi experiments, innovations, and real-world solutions. Taking advantage of Polkadot’s interoperability and scalability and integrating many DeFi-friendly services into the platform, PolkaFoundry also provides UX-enabling features that make dapps as easy to use as everyday applications and bring dapps to the masses.

Need more information about PolkaFoundry?

Follow us on PolkaFoundry’s official groups and channels so that you won’t miss anything!

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Red Kite
Red Kite

Published in Red Kite

A cutting-edge launchpad and DeFi platform. Hold $PKF to access hand-picked projects’ token sales and other distinctive features.

PolkaFoundry
PolkaFoundry

Written by PolkaFoundry

The One-stop Production Hub for DeFi & NFT Applications on Polkadot