CRABLOGO
CRAB darwiniacrabnetwork
$0
Glob. Mkt Cap Rank: Unranked
2024-08-07:09:33:49update
24H High
:
0.007021
24H Turnover
:
0.00
Max Supply
:
0.0
24H TR
:
0.0%
24H Low
:
a
24H Vol
:
216310.88
Curr. Issued
:
2036407896.0
24H High-Low
:
ATH
:
0.14
Highest Mkt Cap
:
0.00
Circulating Supply
:
2036407896.0
Dominance
:
-- --
ATL
:
0.00
Mkt Cap (Float)
:
0.00
Circulating Supply
:
-%
Issue Date
:
Introduction
Latest News
News Flash
Basic information
Full Currency Name /CRAB
Currency Code CRAB
Coin Intro "Darwinia Crab Network, abbreviated as CRING coin.
The Darwinia Crab Testnet is the canary network for Darwinia, akin to the Kusama network for Polkadot. Expecting chaos is a reasonable expectation. The Crab Network is not only a test network but will also be a long-term one, though it cannot be ruled out that it may cease operations due to unforeseen circumstances or failures. Crab primarily provides a simulation and testing environment for Darwinias upgrades and application deployments, conducting various radical experiments. The testing environment includes not just the software operational and network environments required for testing, but also an economic environment. To enable Crab to simulate a real economic environment to some extent, Crab has the same parameters as the Darwinia Mainnet and uses the same staking mechanism and inflation model. The tokens for Crab are cRING and cKTON, with an initial supply of 2000M cRING and a 0 supply of cKTON. cRING and cKTON have actual value. After the launch of the Darwinia Mainnet, a token bridge will be established between the Darwinia Mainnet and Crab, allowing cRING and RING to be exchanged with each other in the long term at a conversion rate of 1 RING = 100 cRING. Darwinia will reserve 40 million RING for the Cryptocurrency-Backed Asset (CBA) model as the backing asset for cRING. The Darwinia mainnet is the supporting chain, while the Crab Network is the issuing chain, and cRING is the CBA.
The current price of CRAB today is $0.00096158, with a 24-hour trading volume that is currently unavailable. CRAB has seen no change in the past 24 hours. Its market cap is currently unavailable. The circulating supply and total supply are also currently unavailable."
Issue Date
All-Time High $0.01904636
All-Time Low $0.00002864
Total Supply 0
Circulating Supply 0
Circulating Supply Percentage NaN
Market Cap NaN
Fully Diluted Market Cap $Infinity
Mkt Cap (Float) $
Circulating Market Cap % of Global Total
Listed on Exchanges 0
Official Link https://darwinia.network/
Whitepaper https://evolution.l2me.com/darwinia/Darwinia_Genepaper_ZH_200430.pdf
Blockchain Explorer "https://crab.subscan.io/"
Telegram "https://t.me/darwinianetwork"
Github
Twitter https://twitter.com/darwinianetwork
FaceBook
Reddit
Currency Introduction

Darwinia Crab Network (referred to as: Crab Network) is a valuable canary network for Darwinia, akin to the relationship between Kusama and Polkadot. Expect Chaos is a reasonable expectation. The Crab Network primarily serves as a precursor simulation environment for Darwinias upgrades and application deployments, enabling various radical experiments. Not only does the Crab Network encompass a complete software and network environment, but it also includes an economic environment for economic gaming.
As the first cross-chain NFT chain in the Polkadot ecosystem, the Crab Network offers smart contract solutions, is compatible with the Ethereum Virtual Machine, and supports the easy migration of Defi, NFT, and other DApps to Polkadot. Leveraging the bridging technology innovations of the Darwinia Network, it also provides an entry point into the Polkadot ecosystem for projects already deployed on public chains like Ethereum and BSC. The parameters of the Crab Network mirror those of the mainnet Darwinia, utilizing the same Staking mechanism and inflation model.

The Crab Network features two tokens, representing distinct economic strategies designed to make the Crab Network more rational and stable.

The native token of the Crab Network is CRAB, which can be used for transaction gas. Gas encompasses fees for transactions, contract execution, network bandwidth, storage, and more.
To incentivize long-term commitment, users can choose to lock their CRAB for 3-36 months during the Staking process, and the system rewards these users with CKTON tokens.

 

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Development History
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