After the crowdloan: What’s happening next

With a successful Kusama campaign behind us, the next step is to distribute supporter rewards and migrate to the parachain. This is what lies ahead. Our Kusama parachain lease period is nearly here — it starts on the 20th of February and will run for 48 weeks. Of course our priority now is making sure that all contributors receive their rewards before that begins.

Crowdlender rewards in detail

All TEER rewards to crowdloan backers will be issued on Monday, February 21 and unlocked automatically, block by block, over the 48-week lease period. At the end of the period, all KSM contributions will be returned. Supporters will at first be able to view their rewards (whether unlocked or not) in their polkadot.js wallet via the Integritee Solo Chain. Once the solo net has migrated to our parachain, this information will be accessible by clicking the main menu in polkadot.js apps, navigating to “Kusama & Parachains”, and selecting “Integritee Network”.

The great migration

Since we are relying on Parity Technologies to initially seed the parachain, we don’t expect to occupy it until March. As the first project to migrate a solo chain to Kusama with the new seedling approach, we think it’s worth waiting for Parity to provide the necessary building blocks for a seamless transition, rather than finding our own way and stumbling into unforeseeable issues.

0
Integritee CommsPost author

Integritee harnesses the speed and confidentiality of Trusted Execution Environments (TEEs) as well as the transparency and trust of public blockchains to create the fastest, most scalable Web3 protocol for securely processing sensitive data.

Integritee enables developers and firms to unchain the value of sensitive data. By combining the trust of Polkadot with the confidentiality and speed of enterprise-grade hardware, it will power a new generation of data-driven dApps and services.

0 comments

Integritee enables developers and firms to unchain the value of sensitive data. By combining the trust of Polkadot... Show More