How to Crowdloan
Via Acala Website
Check the Pre-Requisites
Select Your Desired Participation Method
Connect to the Acala website. Select whether you’d like to Contribute Directly to Acala crowdloan hosted by Polkadot on this website or whether you’d like to Contribute & Stay Liquid to Acala crowdloan hosted by the Liquid Crowdloan Vault also on this website and receive lcDOT. The ACA rewards are the same for both options. To learn more about these two options, please consult our FAQ.
Connect the Polkadot.js Extension Wallet
Click Connect Polkadot.js Extension to connect your account. If you are having trouble connecting make sure that you are allowing the website access to your polkadot.js extension. You can check website access by opening up your polkadot.js extension, clicking on the gear icon and then selecting Manage Website Access.
Read and Accept Terms & Conditions
To participate in the crowdloan, you must read and accept the Terms and Conditions along with the Privacy Policy. Your acceptance will be a signed message using the DOT account used to participate in the crowdloan, but it will not cost you anything.
Contribute to the Crowdloan
Reward
The Acala Crowdloan will distribute 17% of the ACA supply to all crowdloan participants. ACA has a fixed supply non-inflationary token model. You can then see the estimated ACA rewards; there’s a guaranteed minimum reward, and current maximum reward based on how much DOT has been contributed. Users electing the Contribute & Stay Liquid method will also receive 1 lcDOT for every DOT they contribute.
Minimum Contribution
You shall always keeps at least 1DOT and some on your balance to keep it alive and for transaction fees. For Contribute Directly, the minimum contribution amount is 5 DOT. So users shall have at least 6 DOT and some on their account before making their contribution. For Contribute & Stay Liquid, the minimum contribution amount is 1 DOT. So users shall have at least 2 DOT and some on their account before making their contribution.
10% Referral Bonus
If you participate using a referral link, you will receive an additional 5% ACA bonus on your contribution. Your referrer will also receive 5% bonus There may be other bonus programs so please follow Acala’s social media channel for the latest information.
Click Submit Contribution.
Post Submission
You can contribute multiple times with the same account. If you share your referral link with others, you may receive further referral bonuses. Do share your great achievement on social media, and thank you for joining us in making history together!
Via Polkawallet
Switch to Polkadot Network
You shall see your DOT balance once switched. Click the Polkadot Parachain Auction banner at the bottom of the screen.
Select Your Desired Participation Method and Agree to Terms & Conditions
Select whether you’d like to make a Standard contribution to the Acala crowdloan hosted by Polkadot or whether you’d like to make a Liquid contribution to the Acala crowdloan hosted by the Liquid Crowdloan Vault and receive lcDOT. The ACA rewards are the same for both options. To learn more about these two options, please consult our FAQ.
To participate in the crowdloan, you must read and accept the Terms and Conditions along with the Privacy Policy. Your acceptance will be a signed message using the DOT account used to participate in the crowdloan, but it will not cost you anything.
Contribute to the Crowdloan
Reward
The Acala Crowdloan will distribute 17% of the ACA supply to all crowdloan participants. ACA has a fixed supply non-inflationary token model. You can then see the estimated ACA rewards; there’s a guaranteed minimum reward, and current maximum reward based on how much DOT has been contributed. Users electing the Liquid method will also receive 1 lcDOT for every DOT they contribute.
Minimum Contribution
You shall always keeps at least 1 DOT and some on your balance to keep it alive and for transaction fees.
For Standard, the minimum contribution amount is 5 DOT. So users shall have at least 6 DOT and some on their account before making their contribution.
For Liquid, the minimum contribution amount is 1 DOT. So users shall have at least 2 DOT and some on their account before making their contribution.
10% Referral Bonus
If you participate using a referral link, you will receive an additional 5% ACA bonus on your contribution. Your referrer will also receive 5% bonus There may be other bonus programs so please follow Acala’s social media channel for the latest information.
Click Submit.
Post Submission
You can contribute multiple times with the same account. If you share your referral link with others, you may receive further referral bonuses. Do share your great achievement on social media, and thank you for joining us in making history together!
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