Parachain Slot Auction Tutorial
Newland Parachain Slot Auction Guideline
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Newland Parachain Slot Auction Guideline
Last updated
Was this helpful?
1. Install Polkadot browser plug-in wallet
Click to view Polkadot browser plug-in wallet >>>
2.View crowdloan project item information
Enter Newland Official Website https://newland.finance/ and click KSM, or
OR directly enter Newland-Parachain Slot Auction Website https://ksm.newland.finance.
2. List of Crowdloan project
3. View project details
Click on the <Details>
View all kinds of information about the project, including project description, token allocation for auction, project ecology, related connections, etc.
3. Participate in crowdloan
Enter Newland-Parachain Slot Auction website https://ksm.newland.finance.
The system will automatically connect to the Polkadot browser plugin wallet. If you have multiple addresses, you can select an address to participate crowdloan.
2. Enter the crowdloan page
Click <Ongoing> to enter the crowdloan page
3. Confirm to participate in the auction
Fill in the amount and click <Contribute> to send the crowdloan transaction. The minimum amount to participate in the auction is 0.1KSM.
The polkadot plug-in wallet will automatically pop up, you only need to enter the wallet password to complete the crowdloan. It takes a certain amount of time to send the transaction, please wait patiently for the result of the transaction.
Notice:
The rewards for participating in crowdloan are issued by the project team, and Newland only provides a channel to participate in crowdloan. The specific rules are subject to the official instructions of the project team. After the crowdloan expires, if the project is successfully auctioned, your KSM will be locked on the chain for the corresponding period (designated by the project party, usually 48 weeks), and will be unlocked after expiration. If the auction fails, it will be automatically returned to your address after the crowdloan expires.
You could use Math Wallet and TokenPocket Wallet to participate in the KSM/DOT crowdloan.
Use TP Wallet as an example:
1. View the crowdloan projects list
Enter Newland-KSM crowdloan official website https://ksm.newland.finance.
Click <KSM Crowdloan> to check the list of crowdloan projects. Click <Details> to know more about the project.
View all kinds of information about the project, including project description, token allocation for auction, project ecology, related connections, etc.
3. Fill in the amount and click <Contribute> to send the crowdloan transaction.
The minimum amount to participate is 0.1KSM.
The system will automatically pop up the wallet signature page, you only need to enter the wallet password to send the crowdloan transaction. It takes a certain amount of time to complete the transaction, please wait patiently for the result of the transaction.
Notice:
The rewards for participating in crowdloan are issued by the project team, and Newland only provides a channel to participate in crowdloan. The specific rules are subject to the official instructions of the project team. After the crowdloan expires, if the project is successfully auctioned, your KSM will be locked on the chain for the corresponding period (designated by the project party, usually 48 weeks), and will be unlocked after expiration. If the auction fails, it will be automatically returned to your address after the crowdloan expires.
The above is the tutorial for participating in the crowdloan.
