Using Karura on the Mandela Testnet

What is Karura?

Karura won the first parachain auction for Kusama on 6/22 and is an unaudited and experimental relase of Acala. The Acala DeFi platform offers a number of financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD) and a DEX - all with much lower gas fees that can be paid in any token.

Find out more on their website: https://acala.network/karura

The Acala network will go through three evolutions:

1. Mandala Test Network (Current Status) - risk-free playground for developers and users to test functionalities of Acala.
2. Karura Network - Will be connected to the Kusama network as a parachain and is considered experimental.
3. Acala Mainnet - Will be connected to the Polkadot mainnet when launched.

Create a Polkadot.js account:

1. Using Polkadot{JS} Extension
2. Install the extension via Chrome Store
3. Create a new account by clicking (I want to create a new account with a new seed)
4. Enter a name for the wallet and type a password
5. Click (Add the account with the generated seed)
6. Click Export of the newly created account and keep it in a safe place
7. To copy the address, just click on the icon of the account

How do I get tokens?

Use the faucet from the Discord Bot for tokens. The faucet will allow withdrawals twice a day.

• Click the link to open the discord invite. Acala Discord Bot
• Navigate to the acala-testnet-faucet channel
• Type !drip [address] Enter the address from your polkadot.js wallet.

Tokens available on Mandela

What Now?

Now that you have your tokens open the Acala application.