DotmarketCap 'Learn & Earn' Series 5 with Genshiro Recap
Published date: July 8 2021
In the setting that all the projects are trying their best to compete for a parachain slot, Dotmarketcap has together with Equilibrium organized “Learn Genshiro – Earn $GENS" event, which aims to increase the knowledge of users about Genshiro – The canary network of Equilibrium. 10 lucky users have learn about Genshiro and earn up to 2000 $GENS/each. We hope you enjoyed learning about Genshiro and would continue to support their team in the crowdloan. In case you missed out, here's a summary of what we have covered.
1. Introducing Genshiro:
Genshiro is the canary network of Equilibrium and will launch its product on Kusama with the aim to battle test its technology by introducing a much wider range of assets than initially supported in Polkadot, lowering critical collateralization requirements to 100%.
2. Genshiro crowdloan:
Having planned to join in the Kusama parachain auction for slot 4 & 5, Genshiro aims to raise 100K $KSM from the community. Here is the information relating to Genshiro Crowdloan.
When supporting Genshiro, users can receive the benefits:
- 70% APR on participation in Kusama crowdloan.
- 10% of the participant contribution in GENS will be unlocked immediately
- Contributors with <50 KSM get 2,000 GENS:KSM. Those locking ≥ 50 KSM will receive a 20% bonus.
Support Genshiro at: https://genshiro.equilibrium.io/gateway/en/crowdloan
3. Genshiro doubles crowdloan rewards:
For the incredible support from the community, Genshiro has decided to DOUBLE the reward for people contributing to their crowdloan in the first batch. When they join in batch 2 again, they will receive x2 GENS for each KSM.
Participants can even establish a monetary value for their potential rewards because GENS is now a tradable asset on exchanges like KuCoin, BKEX, and DODOex. Based on current market pricing, these rewards may have up to 145% APR.
Below is the list of lucky winners:
More info about Genshiro
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