Khala Crowdloan DApp Live!

Thank you for your interest in Khala crowdloan. This article is a tutorial to teach you how to use Khala Crowdloan DApp. It is divided into two parts:

  • a Simple Tutorial and a Detail Instructions;

  • for users familiar with Kusama auctions and the Khala bidding strategy, the Simple Tutorial will suffice; otherwise, we recommend you to read the Detail Description.

Simple Tutorial

  • Prepare a certain amount of KSM in a Kusama account to support Khala. Please note that KSM currently used for node staking or otherwise bonded cannot be used in Crowdloan;

  • Open Khala Crowdloan Dapp, which supports Polkadot wallet extensions and mobile wallets (including imToken, MathWallet, and TokenPocket etc.);

  • Click Connect Wallet on the page to connect to your Kusama account

through your Polkadot wallet;

  • Enter your contribution amount on the left (if you have a referrer, you can fill in their address), then click “To Contribute”;

  • Click Confirm in the pop-up window;

  • Enter your password in your Polkadot extension and click “Sign the transaction” to sign the transaction;

  • After signing the transaction, the pop-up window will be closed. Then a message will pop up to indicate that your contribution is successful! Well, thank you for supporting Khala!

  • You can then refer a friend to support Khala by tweeting from the success pop-up message to get extra rewards.

Detail Description

Computer/Web Browser:

  1. Before participating in the Khala’s crowdloan through Dapp, you need to create a Kusama account with a certain amount of KSM in it;

  2. Open Khala Crowdloan Dapp https://crowdloan.phala.network/, which supports Polkadot wallet extensions and other mobile wallets (imToken, Math Wallet, and TokenPocket etc.)

  3. Click Connect Wallet on the page to connect to your Kusama account. (To complete this step, you may need to add Polkadot extension, and import or create a Kusama account in the extension.)

  1. Enter the amount of KSM you want to contribute on the left of the page. Below, you can see an estimated returns of your Crowdloan staking versus the returns using your KSM for staking. You can edit the KSM APY, PHA price, KSM price to simulate income (the market data of PHA and KSM are on the far right for your reference); on the right, you can see the vesting schedule of the corresponding PHA reward;

  1. (Optional) You can fill in your referree’s address, which will bring you additional referral rewards. Note: The referee cannot be changed after your first contribution;

  2. Click Contribute, and confirm the information including the fees paid in the pop-up window, and then click OK;

  1. The Polkadot extension will pop up a transaction confirmation window. Please enter your Kusama account password and click Sign the transaction;

  1. After signing the transaction, the pop-up window will be closed, then a message will pop up to indicate that your contribution is successful! You can click to check your on-chain detail on Subscan; you can also tweet and refer a friend to support Khala for additional rewards;

  1. After closing the pop-up window, you can see your total contribution, total rewards, contribution details, and reward vesting schedule diagram on the middle data card; you can also see your current ranking in the leaderboard below;

  1. Other functions:
  • PHA reward: You can see all your personal contribution and reward details on the middle card, including the total reward of PHA, each contribution details, referral rewards;

  • Referral pop-up: You can click “Referral Rewards” in the navigation bar to bond or view your referee and the extra rewards that your referees bring to you;

  • Leaderboard: You can view the contribution ranking of users who contribute Khala and your own ranking in the leaderboard below;

  • About auction progress:

a. You can see the auction time in the leftmost progress bar. The blue part is the open period, and the gray part is the ending period;

b. In the card in the upper right corner, you can see the bids of Khala and the bidding project in the same period. The line graph is the history of Khala bids.

Additional Information

  1. Users who successfully stake before June 22, 12 GMT will receive an additional NFT, an early bird bonus offered by Khala in partnership with RMRK, which can be used to receive an additional 1% PHA bonus on the contributing amount once Khala goes live. The information for Khala’s early bird bonus will be released soon, please stay tuned!

  2. In addition to the official website, users can also support Khala in the auction through third-party platforms such as OKEx, KuCoin, Kraken, Newland, Math Wallet, Polka.js, Atoken, Nutbox, etc. 👉 Tutorials

  3. Khala Kusama Slot Auction Strategy


About Phala

Phala Network tackles the issue of trust in the computation cloud.

This blockchain is a trustless computation platform that enables massive cloud processing without sacrificing data confidentiality. Built around TEE-based privacy technology already embedded into modern processors, Phala Network’s distributed computing cloud is versatile and confidential. By separating the consensus mechanism from computation, Phala ensures processing power is highly scalable. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.

As a member parachain of the Polkadot cross-chain ecosystem, Phala will be able to provide computing power to other blockchain applications while protecting the data layer, enabling possibilities like privacy-protected DeFi trading positions and transaction history, co-computing DID confidential data, developing light-node cross-chain bridges, and more.

On-chain services currently being developed on Phala Network include Web3 Analytics: high-performance smart contracts from Phala enable highly concurrent mass data analytics with privacy, paving the way for an alternative to Google Analytics that inherently respects individual confidentiality.

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Follow this space to be able to write posts here. Posts should be relevant to Kusama ecosystem. Polkadot Community is... Show More