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Description
Introducing Karura, the comprehensive DeFi platform designed to facilitate swapping, borrowing, lending, earning, and much more, all while incurring minimal gas fees. While Kusama and Polkadot operate as distinct, independent networks developed in a similar manner, Kusama's governance is swifter and it embraces a greater level of risk. Karura aims to provide a suite of decentralized financial services and stable assets across the entire Kusama ecosystem. It significantly reduces the gas costs associated with transactions compared to other networks. With Kusama's weight-based fee structure, users can expect micro gas fees that fluctuate only slightly based on the complexity of their transactions. This platform empowers its community to participate in voting, select council representatives, and influence the future of Karura. Additionally, Karura Apps enable users to trade tokens in a trustless manner, eliminating the need for intermediaries through Karura Swap. Karura Swap operates as a decentralized exchange utilizing an automated market maker (AMM) model, ensuring efficient trading on the Karura network. The innovative features of Karura not only enhance user experience but also contribute to the growth of the decentralized finance landscape within the Kusama ecosystem.
Description
OAK serves as the native token for OAK Network, which operates on a delegated proof of stake model, designed to facilitate decentralized and trustless automation across different blockchains. The network's goal is to offer users straightforward and cost-effective mechanisms to schedule and automate payments, which can be initiated based on time, token value fluctuations, or specific events. To effectively serve millions of users, OAK must cultivate a robust ecosystem that guarantees security and encourages positive participation from all network stakeholders. This document outlines the economic framework that OAK employs to incentivize good faith engagement from a diverse range of participants, including automation users, stakers, collators, and investors. By taking part in OAK Network's crowdloan, ambassador program, bug bounty, and various other initiatives, individuals may qualify for distribution of OAK tokens, thereby fostering greater community involvement. Such participation not only benefits the individuals but also strengthens the network as a whole.
API Access
Has API
API Access
Has API
Integrations
Polkadot
Blockdaemon
Dwellir
Kusama
Portal Bridge
polkadot{.js}
Integrations
Polkadot
Blockdaemon
Dwellir
Kusama
Portal Bridge
polkadot{.js}
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Acala
Country
New Zealand
Website
acala.network/karura
Vendor Details
Company Name
OAK Network
Founded
2020
Country
United States
Website
oak.tech/