Crowdloan

By: WEEX|2024/10/25 16:08:40
0
Share
copy

Crowdloan is a decentralized fundraising mechanism used primarily in the Polkadot and Kusama ecosystems. In a crowdloan, users lend their cryptocurrency (often DOT or KSM tokens) to a project competing for a parachain slot in an auction. The loaned tokens are locked for a specified period, during which the project uses the funds to bid for the parachain slot. If the project wins, contributors are rewarded, typically with the project’s native tokens. After the lease period, the loaned tokens are returned to the contributors. Crowdloans provide a way for users to support projects they believe in without directly purchasing tokens, although they involve risks such as lock-up periods and uncertainty about rewards.

You may also like

Cardano (ADA) 2026: Is Cardano Finally Delivering in 2026? A Roadmap of Leios, Midnight, and Voltaire

Cardano 2026 explained: Ouroboros Leios, Midnight NIGHT, governance, and ADA price prediction. A deep analysis of scaling, privacy, and long-term adoption.

Can I Invest in Silver 2026? Is It Too Late to Invest in Silver?

As silver prices surge past $120 per ounce in early 2026, reaching all-time highs and outperforming gold by significant margins, investors worldwide are asking the same urgent question: "Is it too late to invest in silver?" This comprehensive guide examines whether silver still presents a compelling investment opportunity in 2026, analyzing the powerful fundamental forces driving prices higher and providing actionable insights for both new and experienced investors.

Introducing Warden: Complete Guide to $WARD and Airdrop Opportunities

Warden Protocol is a blockchain infrastructure project built to enable the agent economy. Warden enables secure, interoperable AI agents to operate across multiple blockchains, simplifying liquidity, data, and cross-chain access for Web3 developers and users. Learn its tokenomics, ecosystem impact, and how to claim free tokens in the WEEX $50,000 Warden airdrop before Feb.11, 2026!

WEEX vs Other Exchanges: 2026 Liquidity and Fees Comparison - Which is Best?

Unlike many exchanges that struggle with fragmented liquidity pools, WEEX has implemented strategic partnerships with institutional market makers and maintains deep liquidity reserves across all major trading pairs. The platform's 1700+ supported assets aren't just listed—they're actively traded with institutional-grade depth that ensures consistent execution quality.

What Is Copy Trading? Your Complete Guide to Getting Started in Crypto

Copy trading has surged in popularity within the crypto world, especially as platforms like WEEX integrate it seamlessly…

How Does an ETF Work? Your Essential Guide to Exchange-Traded Funds in Crypto and Beyond

Exchange-traded funds, or ETFs, have surged in popularity lately, especially with the 2024 approvals of spot Bitcoin ETFs…

Popular coins