Karura is the sister chain of Acala, which is building a DeFi project on Kusama, the "wild cousin chain" of Polkadot. Confused yet? :)
Well, if you're into airdrops, all you need to know is that you can win some Karura (KAR) tokens and potentially even more prizes here.
This competition is part of their marketing to crowdfund a parachain slot on the Kusama network soon. In order to lease a parachain slot, they will need to lock up a substantial amount of Kusama (KSM) tokens. You can help them achieve the necessary amount of KSM, by loaning some of your KSM to them. In return, you will receive rewards (in KAR tokens, I guess), for the time period of the loan.
So it's actually a crowdloan rather than a crowdfunding campaign, since you will get your tokens back at the end of the lease period. It's a bit like staking.
Learn more about Karura here:
Introducing Karura: https://medium.com/acalanetwork/introducing-karura-acalas-defi-parachain-on-kusama-af2f2695b07a
Karura’s Approach to the Upcoming Crowdloan and Parachain Lease Offering (PLO) on Kusama: https://medium.com/acalanetwork/karuras-approach-to-the-upcoming-parachain-lease-offering-plo-on-kusama-12fbf09ee463
Karura Crowdloan Webpage: https://acala.network/karura-crowdloan
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