Kusama Crowdloan: Litmus wins parachain

  • LIT rewards: as promised, the community members who participated in the crowdloan will receive their LIT rewards linearly in each block. Right after Parachain onboarding has completed, we will verify if everything is normal, e.g. block producing, runtime upgrading, RPC, etc. After we confirm that the Parachain runs as expected, we will distribute our crowdloan rewards in LIT to your address.
  • The estimated time will be 2 to 4 weeks after the Litmus Parachain onboards on Kusama which will be on the 20th of February.
  • The LIT reward distribution will be using the Polkadot Vesting Pallet. When there are LITs available to vest for an account, users will have the ability to unlock vested amounts and get the LIT rewards.
  • The Litmus parachain will be onboarded to the Kusama Network at the start of the lease on February 20th.
  • PNS and Drop3 will likely to be first onboarded to the Litmus parachain, depends on the product development progress.
  • Litentry will continue developing and improving our products with the final aim being to serve our community in the best possible way. In the near future, we will also aim to win a parachain slot on Polkadot as Litentry. Additionally, we will work on completing the launch of Litmus on Kusama and rolling out the token so that rewards can be distributed to the team.

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