Karura
@KaruraNetwork
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Acala is an appchain powering Web3 finance. DeFi on @KusamaNetwork . Sister network of @AcalaNetwork
Joined September 2020
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Pinned Tweet
Here's a guide for KAR Staking
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Karura Crowdloan Waitlist Now Open!
Karura will soon host a Crowdloan to bootstrap the parachain auction for the DeFi hub of
@KusamaNetwork
.
Compete for KAR Crowdloan bonuses up to 25% and an Apple iPad.
Everyone with 130+ entires wins 3 KAR.
Go.
555
9K
2K
There are now 3,800 people on the Karura Crowdloan Waitlist and over 1.5M entries in the competition!
⏳You have 6 more days to join the competition and sign up for the Waitlist to be eligible for the Crowdloan referral program and KAR bonuses up to 25%
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7K
1K
Karura has officially secured the first public parachain slot on
@kusamanetwork
and is now successfully producing blocks 🚀
Kusama’s DeFi hub has arrived.
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2K
Trading is now live on
#KaruraSwap
!
Experience the first decentralized exchange in the
@Polkadot
&
@kusamanetwork
ecosystem with trustless trading for $KSM / $KAR🔥
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Built by the Acala team, Karura brings both a DeFi-optimized platform for Kusama + a suite of our own DeFi apps.
Karura aims to win the first parachain slot on
@KusamaNetwork
!
This 23-tweet thread explores our DEX, $kUSD stablecoin, $LKSM staking, Treasury, and more 💪
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Karura Dollar $kUSD minting, with $KSM collateral, is now live! This is the 1st stablecoin in the Kusama & Polkadot ecosystem. KSM/kUSD Bootstrap has begun, and the KAR liquidity provider reward program begins soon ⚡️
Mint kUSD:
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The Karura
#crowdloan
is LIVE! 🚀
Support
#Karura
's launch on
@kusamanetwork
for exclusive rewards!
💥 For every 1 KSM, get 12+ KAR
🙌 All KSM is returned in 48 weeks
🐦 Earn 10% additional early bird bonus today!
Join now:
#ExpectKarura
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Thank you to our incredible community for your support!
The crowdloan now has over 400,000 $KSM contributed towards
#Karura
's bid in the first
@kusamanetwork
parachain auction.
Join us in making history🔥
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After months of building, we're thrilled to introduce an exciting new project launching soon on Karura 🚀
Join the launch event & learn how this protocol creates a new utility for KSM along with exciting rewards for the
@kusamanetwork
community.
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The community has contributed over 200,000 $KSM to support
#Karura
's bid in the first-ever
@kusamanetwork
parachain auction.
Join us in making history!
▶️ For every 1 KSM, get 12+ KAR
▶️ Extra 5% bonus with referral
▶️ Plus 10% bonus for early birds
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💥 Karura will be rolling out a series of new cross-parachain token listings in the very near future.
$SDN from
@ShidenNetwork
will soon go live on Karura Swap, marking the first cross-chain decentralized exchange listing for its multi-chain DApp hub built for
@kusamanetwork
.
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In the final hours of the first
@kusamanetwork
parachain slot auction, Karura's community support for the crowdloan has surpassed 500,000 KSM (over 5% of total supply) from over 15,000 unique accounts!
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Kusama parachain auctions are getting dangerously close!
Karura is building your all-in-one DeFi hub on
@KusamaNetwork
that you can use with your $KSM on day 1. Sneak peak below 👀👀
Join 21,500+ ppl on the waitlist to be included in bonuses and updates
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💦 Stay liquid while staking $KSM
Stake your KSM on
#Karura
during our Liquid Staking Splash & earn from 350,000 KAR in rewards.
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Karura token transfers are now live, and Karura Swap will enable the first-ever trading pair $KSM / $KAR in the coming hours (approx 21st July @ 7pm UTC).
You can now transfer your KSM to Karura to prepare for trustless trading, liquidity providing, & more.
Here's what's next⤵️
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⚓ 🌖 Karura &
@Anchor_protocol
are integrating to grow the decentralized stablecoin market and unite the
@Polkadot
and
@terra_money
DeFi ecosystems!
Karura's Liquid KSM, $LKSM, to become a collateral for additional yield on Anchor with $UST
More👇
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Notice a lil something in your Karura account? 🪄✨
In 24 hrs (9pm UTC Weds.), the Karura team will answer questions and walk you through next steps including enabling $KSM transfer to Karura, enabling the Karura DEX, & enabling the $kUSD stablecoin 🚀
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Kusama council has passed an upgrade to enable crowdloans and parachain auctions on
@KusamaNetwork
🚀
We'll be in constant communication on next steps as we all work together on our mission to bring DeFi to Kusama and win the first auction!
Questions:
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Karura has integrated
@chainlink
price feeds for the DeFi hub coming soon to
@kusamanetwork
.
Developers will use this tamper-proof, reliable, and precise financial market data to build DeFi products on Karura for derivatives, lending, DEXs, and more.
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What is Karura?
Karura is the DeFi Hub of Kusama. Learn more in this 14 min intro to everything Karura is bringing to
@KusamaNetwork
:
- Karura Swap
- $kUSD stablecoin
- Liquid $KSM staking - $LKSM
- $KAR governance token
- Karura Treasury
Full video:
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“With the launch of the DEX, Karura Swap becomes the first decentralized exchange on Polkadot and Kusama and the first avenue for trustless trading of Kusama tokens on a DEX.”
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Wednesday @ 9pm UTC we'll drop updates including APY ranges for the 1st liquidity program on
@KusamaNetwork
, and minting the 1st stablecoin on Kusama, Karura Dollar $kUSD.
$KSM / $kUSD LPs will soon earn 3 types of rewards in $KAR and $kUSD 👀
Join us:
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Liquid Staking for $KSM has launched, entering phase 1 of the 3-step rollout!
Users can now mint $LKSM on up to 3k KSM.
Next we'll enable:
- LKSM as collateral for $kUSD
- LKSM pairs & LP pools.
👀 Note that unstaking/redeeming is not yet live.
What can LKSM do? Read on ↘️
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Karura’s utility and governance token (KAR) is now live on
@CoinMarketCap
at .
Learn more about the various ways Karura’s token powers the DeFi parachain at
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The first cross-parachain token listing on Karura Swap has begun! The
@bifrost_finance
BNC/kUSD pair's liquidity Bootstrap period will last 48-hours, allowing liquidity provision ahead of the 200k BNC liquidity mining program.
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💥 Secret's out! With $KSM on
#Karura
you can:
▶️ Stake for 16%~ APR & receive LKSM
#liquidstaking
tokens
▶️ Activate LKSM liquidity mining & earn from 100k KAR
▶️ LP to LKSM/KSM pool & earn from 250k KAR
▶️ Or use LKSM to mint kUSD & boost your yield!🔥
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TVL in
#KaruraSwap
is now $35.65M and rising, as KAR liquidity mining is in full force. $4.16M in $kUSD has been minted with $KSM collateral.
Join the action in DeFi on
@KusamaNetwork
🚀
- Getting started guide:
- Use the Apps:
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Karura welcomes
@Coinbase
Ventures to our ecosystem with their backing of
@AcalaNetwork
& Karura for our DeFi platforms coming soon to Polkadot and Kusama.
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In 3.5 hours, Karura &
@AcalaNetwork
Co-Founder / CEO,
@ruitao_su
, and VP Growth
@danreecer_
will give a presentation and demo of the Karura DeFi platform and apps showing you:
💦Liquid KSM staking
🔀 Karura's AMM DEX
⚖️ Karura Dollar (kUSD) loans
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The Karura crowdloan and parachain auction is coming soon ahead of our launch on
@kusamanetwork
!
It's time to get educated. The Karura team put together an explainer video to walk you through the whole process in 8 mins. Reply with questions!
Full video:
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👀
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Welcome to Karura, the all-in-one DeFi hub of
@KusamaNetwork
.
🚀 Trading and LP are live on Karura Swap, along with liquidity mining rewards.
⚖️ Karura Dollar (kUSD) minting is also live with $KSM as collateral.
Take a tour of Karura here:
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The Karura crowdloan process will kick off any day now!
Join Karura's
@danreecer_
in a new walk-through of everything Karura will bring to
@KusamaNetwork
.
🔀 Karura DEX
💦 Liquid $KSM staking (LKSM)
⚖️ kUSD stablecoin
💰 dSWF
Full 🎥:
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Upon winning a parachain slot auction, Karura will bring the Kusama community a layer one, DeFi-optimized blockchain and a full suite of DeFi applications that you'll be able to use with your KSM, BTC, ETH, and other crypto assets.
1 minute explainer on our product stack:
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The Karura crowdloan and parachain auction process will start on
@KusamaNetwork
any day now!
Karura's
@danreecer_
gives a quick 2-minute update on what happened on Kusama today and what you can expect from Karura's upcoming crowdloan. Let's do this! 🔥
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The
@bifrost_finance
team has just submitted a proposal on the Acala forum for a cross-chain listing of $BNC on Karura Swap with a $kUSD pair. 200,000 BNC rewards is being proposed for the 1st 3 months.
Cross-chain composability is here 🚀
Forum:
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Between the upcoming launch of
@AcalaNetwork
and the Ethereum-compatible EVM+, the Karura ecosystem is primed to deliver the best of DeFi to
@Kusamanetwork
and beyond.
Watch below for more details from today's Karura Community Call 🔥
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Karura’s
@XiliangChen
has announced the first phase of Karura’s EVM+ (EVM+Substrate environment) launch will begin next week with the launch of the
@wormholecrypto
bridge 🚀
EVM+ launch on
@AcalaNetwork
to follow soon after Karura’s public EVM+ launch
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Karura now entering launch mode 🤘:
Bookmark this launch and governance roadmap to follow our progress. There will be no dates or timelines given - everything will simply be executed as soon as possible.
#ExpectChaos
&
#ExpectKarura
.
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We are making final preparations to our code. We will soon start the Karura crowdloan as we aim to win the first-ever parachain slot auction!
Watch for the announcement, then get ready for the opening party with us later!
See you there 💃🏼🕺. Join here:
The first real-world functional parachain Statemine, began processing permissionless transactions after an on-chain upgrade last week. After some smooth running over the weekend, the time has come to move to the next stage: slot auctions.
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DeFi TVL on Karura is now $30.93M just 15 days after launch of Karura Swap.
Karura's Total TVL, including 501k $KSM locked in the crowdloan, is $148.3M.
Getting started guide (including getting KSM to Karura):
Use the Apps:
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You may have seen my blockchain, but my primitives will make your $KSM liquid 💦
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Karura liquidity mining is here!
1️⃣ Stake your KSM on Karura for ~16% APR, and receive LKSM, the liquid, yield-earning token that lets you swap, LP, and more.
2️⃣ Stake your LKSM during the Liquid Staking Splash & earn bonus KAR (currently 121% APR) 👀
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Karura is the DeFi Hub of Kusama🕊
Karura will be crowdsourcing $KSM from the community to support our quickly approaching parachain auction on
@kusamanetwork
.
Join the 18,626 others on the waitlist for a 5% referral code:
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The first-ever cross-parachain token listing in the
@kusamanetwork
and
@Polkadot
ecosystem is now live on Karura Swap, as
@bifrost_finance
launches its BNC/kUSD pool and liquidity mining program 🍻
🔥 Join the $BNC / $kUSD LP earn, share 1,400 %+ loyalty mining APR 🔥
Go ship on it:
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270
Acala's Kusama-based platform, Karura, is bringing DeFi Apps to
@KusamaNetwork
- parachain you can use with your $KSM from day 1.
The Apps are all built and ready to launch. You can use them today at .
Getting started guide:
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💥
@TeamKujira
to launch on Karura's EVM+!
Kujira will launch its liquidation product, ORCA, providing an effective liquidation mechanism for aUSD and bringing discounted liquidated assets to the Karura community.
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KSM Liquid Staking Tsunami is incoming 🌊
Unstake your KSM and prep to earn from 1 million $aUSD and 2.5 million $TAI.
Earn with LKSM or KAR collateral staking, LP in various pools, and prep for the first stablecoin pool on Karura via
@wormholecrypto
What to expect 👇
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⚡We're live! Discover a new utility for KSM along with exciting rewards for Karura's DeFi community.
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KSM staking & redemption are live on Karura🔥
With KSM Liquid Staking, you can earn 16% APR in staking rewards & receive LKSM, the liquid, yield-earning token that lets you swap, LP, and collateralize for kUSD stablecoin.
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The Khala team (
@PhalaNetwork
) has proposed to open an HRMP communication channel between Khala and Karura - a major step in bringing $PHA to the Karura ecosystem 🚀
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Miss the LKSM launch party?
Watch
@bettechentt
demo KSM staking on Karura & see how Liquid Staking can boost your yield with new DeFi opportunities🚀
Full video:
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Polkadot Decoded pre-party this Tuesday at 8pm UTC 🍻 crowdloans, parachains auctions, liquidity mining, Kusama, etc.
See you all soon:
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The Karura team created a full onboarding guide and video walk-through to welcome all of you who are new to the Karura and broader
@KusamaNetwork
community.
Karura onboarding guide:
Polkadot.js onboarding walk-thru video:
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🎉 Join us today at 9pm UTC for the KSM Liquid Staking Launch Party!
Meet the team along with featured guest
@konstantin11
, founder and CEO of
@BlockdaemonHQ
, for an overview of how to boost your staking yield with LKSM.
Save Your Spot👇
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With over 500,000 KSM contributed in the community-backed crowdloan,
#Karura
has won the first parachain slot on
@kusamanetwork
.
The launch rollout has begun🔥
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With
#Karura
's "bootstrap" feature enabled, the KSM/KAR trading pair now has over $3 Million Total Value Locked on Karura Swap.
We're just hours away from the first trustless trading pair in the
@Polkadot
and
@kusamanetwork
ecosystem🚀
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💥 Hot off the press! Details on the $RMRK token listing and liquidity provider rewards.
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Karura’s latest governance proposal has passed!
💥 Earn 20% APY for staking $KSM for $LKSM
⚡️ Use $KAR as collateral to mint $kUSD and stake in LP pools
🔥 Earn in two new incentivized pools:
KAR/LKSM 404.94%APR
kUSD/LKSM 226.45% APR
Get started here:
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After a Kusama governance vote has passed enabling the first parachain on
@kusamanetwork
, "The Launch of Parachains" has been published by
@gavofyork
explaining timeline and next steps:
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The new
@bifrost_finance
BNC/kUSD liquidity pool will soon launch in Bootstrap mode on
#Karura
Swap!
During this 48-hour period you can provide one-sided liquidity & get your LP shares in anticipation of the 200k BNC liquidity mining program👇
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Karura Swap's first token pair 'Bootstrap' period is now live for $KSM / $KAR. Bootstrap is essentially a liquidity provider "warm-up" period that helps ensure fairness and reduce front-running.
Participate here:
Learn more here:
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Liquid Staking is live!
@BlockdaemonHQ
is now the first partner to run validators for the KSM Liquid Staking pool, offering low fees and a no-slash guarantee.
Use LKSM on Karura to unlock liquidity and multiply your staking yield 💦
More on the launch:
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Join the
@kusamanetwork
KusaMEME competition and submit
#yourwildestmemes
.
Karura is joining the party and offering 500 KAR + limited edition Karura swag for the 5 best
#ExpectKarura
memes that make us 😂🤯🤩😱
Have fun and create chaos:
Are you excited about parachains coming to Kusama? Are you a HODLer of memes and have one saved for every occasion? Say no more. This edition of the KusaMEME
#YourWildestMemes
competition is for you.
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609
5K
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Karura's crowdloan is almost here! We know you have questions about the first
@kusamanetwork
parachain auction, so Karura's
@ruitao_su
,
@bettechentt
, and
@danreecer_
are hosting an open Q&A for the whole Kusama community.
Join us Tues at 8pm UTC! 🍿🍻
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🙌 One step closer to a
@MoonriverNW
- Karura integration!
Moonriver has posted to the Karura & Acala governance forum proposing to open an HRMP channel, allowing tokens transfers between the parachains and bringing $MOVR to Karura.
More here:
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2 HOURS! The Karura &
@AcalaNetwork
team are hosting a Polkadot Decoded pre-party at 8pm UTC! 🍻🍿
We'll talk Kusama, crowdloans/auctions, Karura liquidity mining & roadmap,
@current
integration, and answer all your questions.
See all 600+ of you soon!
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Miss the Community Call? 🎧 as
@bettechentt
shares new use cases for collateralizing assets with $RMRK NFTs & fractionalized real-world assets via
@altair_network
. Plus:
💥 KAR as collateral
💧 New liquidity pairs
📢 HRML channel w Statemine
Full call:
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The
@kusamanetwork
parachain auctions are almost here!
To celebrate, we're activating an Auction Kickoff Bonus for
#Karura
crowdloan contributions.
➕ Join now for an additional 5% KAR
➕ Use a referral for an extra 5%
➕ Refer yourself, get 5% more!
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🔈 The kUSD upgrade to aUSD is live!
All kUSD has been officially been upgraded to aUSD on
@KaruraNetwork
& any parachains utilizing kUSD, and users can now mint aUSD on Karura.
The upgrade officially cements aUSD as the native decentralized stablecoin of Polkadot & Kusama. 🚀
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Top US fintech company
@current
teams up with
@BisonTrails
to run node infrastructure for Karura.
“The launch of our cluster on
#Karura
is the first step in the evolution of what we’ve been building over the past six years at Current,” Current CTO
@trevorkmarshall
told CoinDesk.
NEW: Fintech company
@current
is one step closer to bringing DeFi features to its 3 million users after a tie-up with
@BisonTrails
.
@AcalaNetwork
@Polkadot
@elitanjourno
reports
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Kusama community, the chaos is almost here!
Join
@ruitao_su
,
@bettechentt
, and
@danreecer_
in our open Kusama community Q&A where we'll answer all your questions.
🤔Pre-submit & upvote questions here:
Join the 8pm UTC event:
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At 24,000 and counting, the parachain auction waitlist will close this coming Wednesday at 11:59pm UTC
The waitlist is your only chance for referral code eligibility to share with your community to split a 10% bonus + access other can't-miss info 🔥🕊
➤
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The team behind Karura and
@AcalaNetwork
is hiring a full-time Growth Manager to lead educational content strategy, growth campaigns, community, and brand management for the
#Karura
Brand.
⭐️ Star performers and leaders apply here:
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⚡ Another HRMP channel has been opened!
@kintsugi_btc
has opened an HRMP channel with Karura to allow token transfers between the parachains. $KINT on Karura will be here soon. 👀
More here:
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We've organized all links relevant to the Karura crowdloan and parachain auction in our Linktree.
Bookmark this to reference it throughout the process. We'll continue to update it as we go.
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Thank you to participants in the Karura Crowdloan competition, and happy 2021!
30,000+ of you earned over 12.5M entries in the competition. Winners will be announced by Wednesday, and 3 KAR will be awarded to anyone with 130+ entries in the competition (no maximum # of users).
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The referenda to enable
@TaigaProtocol
's TAI on Karura is open for voting.
Join the $KAR community in supporting the synthetic asset protocol's native token on Karura Swap.
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Karura and Acala's testnet parachain has successfully completed a cross-chain token transfer with
@Plasm_Network
!
One step closer to launching the DeFi Hub of
@KusamaNetwork
! 🚀
Find details, watch the demo video, and learn about Karura's next steps:
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Tuesday @ 6pm PT, Karura's lead team joins Polka Haus on Clubhouse for a talk on
@KusamaNetwork
crowdloans and parachain auctions,
@AcalaNetwork
, and Karura.
100 KAR in prizes for the crowd!
CH:
GCal:
iCal:
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Our Testnet is live! 🚀
To celebrate the milestone, we're launching our first official Prediction Market!
Aptly called "The Kusama Derby", users can predict who will win the upcoming slots on
@Kusamanetwork
's parachain auctions.
Here are the details:
👇👇
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2K
1K
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Staking KSM on Polkadot.js or Polkawallet and need to unbond?
The
#Karura
crowdloan event starts soon and KSM stakers need to unbond and complete the 7-day cooldown.
Check out our guides below, and get ready for the
@kusamanetwork
parachain auctions! 🚀
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📣 Last call for early bird rewards!
Join the
#Karura
crowdloan and earn an extra 10% in KAR (15% total with a referral bonus).
But move quickly – the early bird period ends soon! ⏳
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This will happen to Karura on
@kusamanetwork
first 😎 You ready?
.
@Polkadot
testnet
#Rococo
started the 1st ever parachain auction yesterday~
@AcalaNetwork
luckily won the first auction, and now about to start genesis 🚀
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Karura is a platform and set of DeFi applications that you'll be able to use to put your $KSM to work on the first day we launch on
@KusamaNetwork
after the upcoming parachain auction.
Come next week for a demo of what cross-chain DeFi will look like on Karura and
@AcalaNetwork
!
Join the Polkadot technical working group's DeFi Demo Day on March 4th!
Rob
@rphmeier
will give a parachains overview, followed by talks & tech demos from
@AcalaNetwork
@centrifuge
@InterlayHQ
@MoonbeamNetwork
@PhalaNetwork
@Plasm_Network
@snowfork_inc
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Referendum
#4
voting is now live.
If passed,
#Karura
will enable:
▶️ KSM as collateral to mint kUSD
▶️ Initial parameters recommended by
@gauntletnetwork
🔍 Review the proposal:
🗳️ Vote here:
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The Karura Treasury is an on-chain reserve of tokens that enables self-sustainability (for future parachain slots on
@kusamanetwork
) and ecosystem growth.
Learn more about how the Karura Treasury works, how it's funded, and how it's operated and governed:
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Are you ready for the
#Karura
crowdloan event? Want early details on the next
#BuildAcala
event? We're live now!
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Curious about Karura?
Join us this week for a
@KaruraNetwork
demo and get ready to access
#DeFi
on
@kusamanetwork
🚀
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