Crust Network Announcements – Telegram
Crust Network Announcements
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Crust Distributes First Batch of Kusama Crowdloan Rewards!

At 15:00 on June 16th (UTC+8), Crust distributed the first batch of rewards for Kusama slot auction crowdloan participants. A total of 322.73091 CRU and 64546.18236 CSM were awarded for the 4610.44159 KSM which supported Crust Shadow.

Crust Shadow launched the crowdloan on June 9th. A snapshot was taken at 14:00 on June 16th (UTC+8). You can earn rewards for completing the KSM crowdloan lockup before this time. Each 1 KSM will receive 0.07 CRU and 14 CSM as rewards.
Crust Shadow’s auction reward mechanism includes crowdloan period rewards and lease period rewards. The rewards during the crowdloan period are distributed weekly by the form of timed snapshots, YOU CAN EARN REWARDS NO MATTER IF THE AUCTION IS SUCCESSFUL OR NOT. The lease period rewards will be distributed after a successful auction.

The next snapshot of Crust rewards will be at 14:00, June 23rd (UTC+8), and the rewards will be distributed on the same day.
Crust Maxwell Node Update Announcement 6.23

With the continuous expansion of the Crust ecosystem, many applications have been deployed on the Crust network.

At present, Crust is supported by the Microsoft Azure market to provide Crust nodes and storage services; and has become a member of the Linux CCC Foundation, the Apache Teaclave community, and the Rust China community.

Several Crust-based projects have been developed and put into practical application. Users can now upload and share files through Decoo, and browse their own videos through Socbay (Decoo is a file transfer application based on Crust Network and Socbay is a video website based on Crust Network).
There are 13 projects including Uniswap, Sushiswap, Compound, MakerDAO, IPFS Docs and Polkadot having adopted Crust as their decentralized storage solution, and having begun to use Crust to deploy their own Dapp applications; many NFT assets are also stored on the Crust Network.

Ecosystem applications based on Crust Network have been in commercial use in medical, transportation, finance and other fields, and dozens of applications are in development at the same time.

To promote the application ecosystem of Crust better, we have launched a new version of sManager. This version adds the management of local resources, optimizes order process, and avoids network congestion to a certain extent. The operations are as follows, please execute as soon as possible (member and isolation nodes):
sudo crust tools upgrade-image smanager
sudo crust reload smanager

We assure you that this operation will not affect the node stability to profit, please start to execute.
🟠 Maxwell Preview Network Weekly Report - 06.28.2021 🟠