Tutorial: Signature System for Distributing $KAC Reward
About connecting to Polkadot wallet
To better distribute Shiden Dappstaking $KAC rewards, Kaco has upgraded the wallet function to support the function of binding Polkadot wallet accounts. Users only need to bind the Polkadot wallet account staked on Dappstaking to receive the $KAC rewards including the previous reward.
How to do it
- Connect to Shiden network with the Metamask address to receive
2. Bind Polkadot wallet
3. Select the bound account
Note: The exclamation mark behind the address means the address has already been bound and cannot continue to be bound
4. Click “Claim” to receive the reward
Q: Why can’t my Polkadot wallet be bound?
A: Please check whether your connected network is correct (Shiden network) or check whether your Polkadot wallet has been bound before
Q: Why can’t I claim my reward?
A: Please check that the Polkadot wallet account you are connected to is the wallet address that has participated in the Dappstaking. After confirmation, due to the mechanism of the Shiden network, it will take about 24 hours for the reward to be issued. Please be patient.
Q: Will there be $KAC rewards for subsequent Dappstaking?
A: After Kaco opens the Dappstaking function in the future, only the SDN staked on Kaco’s official website can get rewards. In the future, we will also reward part of developer rewards to users who stake $KAC.
About Coinversation Protocol
Coinversation Protocol is the first DEFI2.0 protocol platform of Polkadot Ecology. It has been expanded from a synthetic asset protocol to a derivative ecosystem including parachains, DEX, synthetic asset, and stablecoin protocols.
Coinversation Protocol aims to be a stable currency protocol based on interest-bearing assets based on the parachain of Polkadot. Users can use different currencies such as CTO and DOT to synthesize CUSD through smart contracts and oracle. Users can cast CUSD by staking tokens that can generate interest. Bridging USDT, USDC and BUSD to the CTO network to form the largest stable currency exchange platform in the Polkadot ecosystem. We will open the interface to facilitate all parachain to access our stable currency exchange system, so that all chain users can seamlessly use Polkadot’s bridging protocol.
Kaco Finance is the evm version of DEX issued by Polkadot decentralized exchange and synthetic asset protocol Coinversation. Kaco Finance is a cross-chain decentralized trading platform based on Binance Smart Chain and Kusama parachain. Kaco Finance initially aims to provide liquidity AMM and yield farm for the Polkadot ecological project and is committed to realizing the asset bridging function between Kusama and BSC.