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How do I participate in crowdloans?

Crowdloans are a unique feature of Polkadot & Kusama networks that allow projects to raise funds from the community in exchange for rewards. By participating in a crowdloan, users can lend their tokens to a project for a set period of time and receive rewards in the form of project tokens, while also supporting the development of the network.

Here's how you can participate in crowdloans:

  1. 1.
    Open Fearless Wallet on your device and navigate to the "Crowdloan" tab in the app and select either Polkadot or Kusama at the top of the screen:
  2. 2.
    Select the crowdloan you'd like to participate in from the active crowdloans list:
  3. 3.
    Make sure you read all the information regarding the crowdloan (i.e. leasing period, raised funds, time left)
  4. 4.
    Enter the amount of DOT or KSM you'd like to contribute to the crowdloan:
  5. 5.
    Once you're ready to proceed, click on the "Continue" button.
  6. 6.
    Review your contribution details and confirm that they are correct.
  7. 7.
    Follow the instructions provided to complete your crowdloan contribution.
By following these simple steps, you can participate in crowdloans on Polkadot & Kusama directly from your Fearless Wallet.