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What’s Next for Genshiro

Published date: December 1 2021
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Huge Congratulations to our Lucky Winners!

Recently, we’ve announced the winners of the Genshiro Megaboost in the Community Call.

Our Megaboost lottery allowed our lucky winners to get hold of the additional GENS grants.

We have randomly picked:

  • 5 “big boys” from the list of top 20 users who invest the largest amounts. Equilibrium will grant them 3,000 GENS per 1 KSM;
  • 10 lucky winners from the rest of the participants will get 10,000 GENS per 1 KSM.

Here is the list of our 15 winners:

3000 GENS per 1 KSM for 5 randomly picked from top 20 participants

GeUCaCs17rPFgM4qhwwRofDErLK4WzgAG26TdtepskbNR1R

CuLZhzhLKgMf2jyMLv7amx4uVUuUVxrDkr41E89137EhPeB

D5sr82UA8tpytUMmk5bD5FutXTs3vAgCBAcHPjSTFDW9BMR

GPeNDcCVZsQZUerL6ZAg1YmSdQbsD6Da6veas7soNJcaGJo

H1gApDAfv48J5TCKHcQxv1MSXfMuk3KafBZe7rQe7yMmjBB

10000 GENS per 1 KSM for 10 randomly picked from other participants

F276unCt9KSUSgy6qKSzk6QNEZQvuEU1dE8Bxgp7FuQQRSs

HZgcGWS3zCf5GgHZZkDmwEv2TXEz1RkkBXp2zmynmCsAPyX

GCqG91DiqpKDdpix4cx1CtucRgfxgDFCWokDZUeuaxL6DYi

DBhvsSQQXimEE5CT633nNQdwrUM3PRochwC6SviZKvCjDmq

JFHsepdhLSxDy2QUS7THU8it6jRhVqyEa9GvQrkodpwyqkt

JLRWD1oREnmUxEhgCp5Bvq276mG83HYkRrLJpZFh99sToMm

DQMPVx1pG3mV4gZQDvfoT7eGsch3fjshmboRjJnBkuSK4zK

FoWovX742MnR41Q5FQaFnUoHwDe9bgApXSPDsSyazDgVZzn

G7E8s2tAm5rhyXJFSSBdeuGTtGNp8FfaLVPguu3sSrBD58U

GCKQTMGpcuWvpxYDFJdeg46gCnZXZ1mnSgJZNd52EcKkq3s

Parachain Launch, It’s Coming Soon

We have previously announced that we have decided to put the GENS allocation to the hands of our supporters. As we continue the Genshiro crowdloan, we are excited to announce we have decided to accrue 10% of our GENS for users who have contributed in the crowdloan.

Our team is in the progress of creating better ways to involve our community with more attractive reward systems. Therefore, we have allocated GENS tokens for fair distribution among our early backers and supporters.

We have no specific date yet for the Kusama integration but we are more than confident that we will acquire a slot with more community participation in the near future. Follow us on Twitter to see how it’s going!

The Beta Launch of the Parallel Farm Fest

Last but not least, we are ready to launch the beta version of our parallel Farm Fest. As a unified money market protocol, liquidity is a key component to our platform. In order for Equilibrium and Genshiro to grow into a competitive cross-chain DeFi multi-tool, we need the contribution and help from our community.

Therefore, we have focused our methods of incentivizing our users to both contribute and improve our platform in different ways. Both liquidity providers and borrowers will soon be able to earn additional GENS tokens on top of any interest they are earning from the protocol. Be the first to know when we’re ready!

So there you go! Congratulations to our lucky winners!

We are continuously working to provide more benefits for our community. Also, we are currently developing exciting use cases for hDOT and LP tokens, so please stay tuned!

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What’s Next for Genshiro was originally published in Equilibrium on Medium, where people are continuing the conversation by highlighting and responding to this story.