Crust Network, a decentralized storage provider for Web3 ecosystems, has upgraded its Kusama parachain slot auction reward structure following community feedback. The enhanced program now offers significantly higher incentives for contributors participating in Crust Shadow's crowdloan campaign.
Key Upgrades to Crust's Auction Rewards
Increased CRU Rewards:
- Total CRU rewards increased from 30,000 to 90,000 CRU (75,000 CRU for lease periods + 15,000 CRU crowdloan period)
New CSM Token Incentives:
- Added 18 million CSM (Crust Shadow's native token) to the reward pool
Reward Structure Overview
- Dual-Token System: Contributors earn both CRU (Crust mainnet token) and CSM (Crust Shadow token)
- Guaranteed Rewards: Participants receive rewards regardless of auction outcome
Phased Distribution:
- 30% released immediately upon successful auction
- 10% released per lease period (8 periods total, 48 weeks)
👉 Learn how to maximize your rewards in decentralized storage networks
How to Participate
When Kusama parachain auctions begin, contributors can:
- Participate through Kusama's native crowdloan mechanism (KSM remains locked in campaign index)
- Join through supported exchanges/wallets
Detailed Reward Breakdown
Crowdloan Phase Rewards (15,000 CRU + 3M CSM)
- Weekly snapshots determine allocations
- Rate: 1 KSM = 0.07 CRU + 14 CSM weekly
- Early participants earn more (first-come, first-served)
Lease Period Rewards (75,000 CRU + 15M CSM)
- Distributed if auction succeeds
Allocation depends on total KSM locked:
- <50,000 KSM: 1 KSM = 1.5 CRU + 300 CSM
- ≥50,000 KSM: Proportional distribution
Example Scenario
A contributor locking 100 KSM for 4 weeks before successful auction would receive:
- 28 CRU + 5,600 CSM (crowdloan phase)
- 150 CRU + 30,000 CSM (lease period)
- Total: 178 CRU + 35,600 CSM for 52-week lock
About Crust Network
Crust provides decentralized storage for Web3, supporting IPFS and other protocols. Its tech stack also enables decentralized computation layers, creating a privacy-focused distributed cloud ecosystem.
👉 Discover the future of decentralized cloud storage
FAQ
Q: What happens if the auction fails?
A: Contributors still receive crowdloan phase rewards, and KSM returns after campaign ends.
Q: How are the tokens distributed?
A: CRU/CSM are airdropped, with 30% available immediately after successful auction.
Q: Where can I trade CSM tokens?
A: CSM will soon be available on major exchanges (specific listings TBA).
Q: Can I stake my rewarded CRU?
A: Yes, rewarded CRU can be staked with Crust validators for additional earnings.
Q: How long are KSM locked for successful auctions?
A: KSM remains locked for the full lease period (48 weeks for 8 periods).
Q: What makes Crust different from other storage networks?
A: Crust uniquely combines storage protocols with decentralized computation capabilities in Web3.