Darwinia Crab is the canary network of Darwinia, supporting Ethereum Virtual Machine. Crab just won the Kusama parachain auction and it is ready to test XCM with Karura.
TL: DR
List CRAB(Crab’s native token)on Karura Swap and open CRAB/kUSD pair.
References:
- GitHub
- Audits - Evolution Land - Darwinia $RING
Motivation
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Crab ecosystem is expanding while running a Hackathon with Doralinks, MXEC Pioneer, RMRK, and Crust where many outstanding Dapps are building on Crab including but not limited to DeFi, GameFi, NFT, and Metaverse projects. Opening the CRAB/kUSD trading pair will greatly facilitate the community to be engaged with new applications and bring real use cases to Karura users.
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Web3.0 Metaverse game Evolution Land is going to launch a new continent on Crab and kUSD asset support would afford users better play to earn experience while showcasing the GameFi use cases of cross-chain interoperability.
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After the proposal is passed we can also provide a reward pool to engage $KAR holders.
Description
Phase 1
Facilitate and Support the community to bootstrap CRAB/kUSD Liquidy pool as well as other Darwinia ORML based assets.
- Enable token transfer between Karura and Crab
- List $CRAB on Karura Network as assets
- List CRAB/kUSD pair on Karura Swap, and enable $CRAB holders to provide liquidity on Karura Swap
- Earn $KAR and $CRAB for staking CRAB/kUSD LP
Once $CRAB has LP and been Bootstrapped - Darwinia will refine its bootstrapping technique for its other ORML based tokens, such as $CKTON and $xRING
Phase 2
Expand Karura ecosystem asset to the entire Substrate ecosystem via Darwinia Substrate-to-Substrate bridge, not limited to parachains.
Phase 3
Darwinia will connect, facilitate and support the community to bring ERC 20, BEP 20 Assets via Ethereum-Darwinia, BNB Chain - Darwinia Bridge, and via Darwinia Decentralized Universal token bridge. Allowing Decentralized and permissionless access to Karura by all chains connected to the Darwinia Network.
Author
Denny - Co-founder & CTO of Darwinia
Ran Ji - Product Manager of Darwinia
