Frequently Asked Questions about Litentry and the Litentry Crowdloan.
How can I contribute my KSM?You can participate through the Litmus Webapp, Polkadot.js app and Bifrost.
How do I claim my LIT rewards?LIT rewards distribution will start once Litmus becomes a Kusama parachain and balance transfer is enabled. Rewards will be sent linearly in each block. We’ll provide a detailed guide on how to claim your LIT rewards once we win the auction.
What is Litentry and how is it different from other DID projects like Kilt?Litentry is a DID aggregation protocol that generates trees of cross-chain identities relationships. It allows user to have a comprehensive identity from linking their IDs across network, so as to obtain better services in Web3. Unlike other DID projects, we do not turn off-chain ID to DID nor do we focus on providing a verifiable credentials. Read more about what we do in thisarticle.
What is the difference between Litmus and Litentry?The Litmus Network will be a canary network that connects to the Kusama ecosystem, while the Litentry MainNet will connect to Polkadot. In short, the Litmus Network is a companion network to the Litentry MainNet. It is a lighter network with simple token economy, and enables faster and easier MVP launch. In the future, the two networks will co-exist and cooperate with projects in the corresponding ecosystem.
Since LIT will be used in the Litmus parachain, how will the token be bridged?After Litentry launches a parachain on the Kusama network, the Litmus parachain will have LIT natively, alongside the rest in the Ethereum blockchain, which means partial LIT token migration will be executed. Litentry will launch a token bridge between ERC-20 LIT and Litmus parachain LIT, ERC-20 LIT holders can decide whether to migrate tokens to Litmus parachain or not. The migration ratios shall be ERC-20 LIT: Litmus LIT = 1:1.