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    Karak

    What is Karak Network?

    Karak Network is developing a Global Base Layer blockchain infrastructure that aims to facilitate the integration of traditional financial systems with blockchain technology. The project focuses on creating specialized Layer 1 blockchain networks designed for global internet markets, emphasizing financial applications, AI integration, and consumer services.

    The network introduces the Karak Network Stack (KNS), which enables the deployment and operation of specialized Layer 1 blockchain networks. This infrastructure is designed to support various economic activities, from cross-border transactions to government services.

    Ongoing
    Confirmed

    Karak Network Airdrop Details

    Karak Network Foundation has announced their native token $KAR, which will serve as the primary asset within the Karak ecosystem. The project has established a strong foundation with significant backing from investors like Coinbase and Pantera Capital, having raised $48M in funding.

    Currently, users can participate in Karak’s ecosystem through their XP campaign, which may be relevant for future token distribution. The project maintains active engagement through official channels on X (Twitter), Discord, and Telegram.

    How to Participate in the Karak Network Airdrop

    1. Visit the Karak restaking page
    2. Use the invite code “bkaaC” (case sensitive) during sign-up
    3. Connect your Ethereum or Arbitrum EVM wallet
    4. Select a staking pool that matches your assets
    5. Stake your supported tokens:
      • Liquid Staking Tokens (LSTs): wstETH, swETH
      • Liquid Restaking Tokens (LRTs): weETH, rswETH
      • Stablecoins: USDC, USDT

    Note: You can acquire ETH and other supported assets from Binance, or bridge them using the bridge widget below.

    Bridge funds

    Swap and bridge across 30+ chains without leaving this page.
    Fast routes, low fees.

    Opens an interactive bridge widget

    Latest Update: Karak V1 to V2 Mainnet Migration

    Karak has successfully launched their V2 Mainnet with enhanced features for universal security and restaking. The migration process is now complete for all major networks:

    • Arbitrum assets: Completed October 28, 2024
    • Other chains and assets: Completed November 12, 2024
    • Ethereum Mainnet: Completed November 19, 2024

    How to Migrate Your Assets

    1. Visit the Karak V2 app
    2. Navigate to the “Portfolio” tab
    3. Click the “Migrate” button for eligible positions
    4. Confirm the transaction in your wallet

    For any migration issues, seek assistance through Karak’s Discord support channel.

    Maximizing Your Participation

    1. Earn XP through multiple activities:
      • Stake LSTs from Ethereum
      • Stake LSTs from Arbitrum
      • Stake assets to Karak
      • Refer other users to the platform
    2. Interact with the ecosystem:
      • Participate in staking pools
      • Earn staking rewards
      • Collect EigenLayer points
      • Accumulate Karak XPs

    Important Considerations

    • Monitor official Karak channels for updates about $KAR token launch
    • Maintain active participation in the ecosystem
    • Keep assets staked to demonstrate long-term engagement
    • Follow their social media channels for important announcements

    You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

    Funding

    $48M

    Overview