Kusama's second batch of 5 parachain slot auctions will start on September 1st.
Which items will participate in the slot auction this time? PolkaWorld sorts out the projects that may be interested in participating, and their slot bidding plans, so that everyone can know in advance.
If you are not familiar with the process, rules, and participation methods of slot auctions, you can read "Latest | About Polkadot's slot auctions and crowd lending, this article is enough."
Note: Some slot bidding plans listed in this article were released earlier, and the project party may update or adjust its bidding plan in the future. If you want to know the latest bidding plan, you can continue to pay attention to PolkaWorld and the official channels of various project parties.
Kusama's Parathread 1, SherpaX (ChainX)
SherpaX is ChainX's pre-network on Kusama. ChainX is the earliest project launched in the Polkadot ecosystem. It is committed to the development and research of BTC Layer 2 expansion, digital asset gateways and Polkadot secondary relay chains to achieve cross-chain asset interoperability and lead the new direction of Bitcoin Cross-Defi.
Slot Auction Program:
SherpaX has already opened Crowdloan, and announced the latest Crowdloan auction reward plan on August 20, increasing the reward.
For every 1 KSM locked, you can get 10 KSX rewards;
Quota bonus, that is, the more KSM locked, the more tiered bonus;
Invitation bonus, both the inviter and the invitee get an additional 5% bonus;
Additional rewards, an additional 5 KSX rewards for every 1 KSM;
Reward limited edition digital identity CID NFT, the earlier the participation and the greater the locked amount, the rarer the CID NFT obtained.
SherpaX will initially issue 21 million KSX in the form of IAO (Initial Airdrop Offering), of which 20% will be used for community self-government, 80% will be used for the auction of Kusama parachain slots, and an additional 10% will be issued every year thereafter. KSX has no lock-up period, and it will be released once after the parachain goes online.
Official website: https://www.chainx.org/
2、Darwinia Crab
Darwinia Crab Network (abbreviation: Crab Network) is the pioneer network of Darwinia Crab Network on Kusama, and is the first cross-chain NFT chain in the Polkadot ecosystem.
Slot Auction Program:
Crab plans to start slot auctions in Round 4 and plans to bid for slots with 48 weeks of usage time;
A total of 240 million CRING and 6 million RING rewards will be distributed according to the proportion of user support, 30% will not be locked, and 70% will be released linearly within 48 weeks;
Reward evolution Odaily NFT mining package (land, apostle, etc.);
BTC Mega Jackpot.
3、Altair（Centrifuge）
Altair is Centrifuge's canary network on Kusama. Using Altair, anyone can tokenize their own assets and use them as collateral to obtain financing through Tinlake.
Altair is Centrifuge's canary network on Kusama. Using Altair, anyone can tokenize their own assets and use them as collateral to obtain financing through Tinlake.
Slot Auction Program:
At the beginning of genesis, the Altair network will take a snapshot of the balance on the Centrifuge chain and distribute AIR tokens to CFG token holders at a ratio of 1:1;
Altair has a token supply of 425 million;
For those who participate in crowd lending, supporting 1 KSM will be rewarded with 50+ AIR. The exact amount of AIR allocated to each KSM holder will depend on parachain slot prices and crowdsale participation;
25% of the rewards will be unlocked at the beginning, and the remaining amount will be distributed among crowdlending participants during the parachain slot time.
Official website: https://centrifuge.io/
4、Crust Shadow
Crust Shadow is Crust's parallel network on the Kusama network.
Crust aims to build a distributed cloud ecosystem that values data privacy and ownership. Crust provides a decentralized storage network for the Web3 ecosystem, supports multiple storage layer protocols including IPFS, and provides an interface to the application layer. Crust's technology stack can also support a decentralized computing layer.
Slot Auction Program:
Crust rewards are divided into two parts, one is the reward during the Crowdloan period, no matter whether the bid is successful or not, supporters will receive this part of the reward; the other is the slot lease period reward, which can only be obtained after the bid is successful.
Crowdloan rewards: During the Crust Shadow Crowdloan period, regardless of whether the auction is successful or not, contributors will receive a dual currency reward of 0.07 CRU + 14 CSM.
Slot rental reward: If KSM≤50,000, the distribution ratio will be 1 KSM: 1.5 CRU+300 CSM; if KSM>50,000, 75,000 CRU+15 million CSM will be shared according to the contribution ratio.
After the auction is successful, 30% of the lease period rewards will be released immediately, and 10% will be released for each subsequent lease period. After receiving the rewards, CRU can participate in the Crust validator/candidate node pledge guarantee to obtain additional rewards.
Reward upper limit: CRU 90,000, CSM 18 million.
Official website: https://crust.network/
5、KILT Protocol
KILT Protocol is the underlying protocol for decentralized trust transfer in the Web3 era. On the basis of protecting the sovereignty of user data, it can support the "verifiable digital certificate" function through a unique mutual verification mechanism on the chain. Through zero-knowledge proof technology, functions such as the selective presentation of digital certificates can be realized. KILT Protocol will create a unique "trust economy market", provide economic incentives for the transfer of trust, and promote the free transfer of trust without borders.
Official website: https://www.kilt.io/
6、Kintsugi（Interlay）
Kintsugi is Interlay's canary network on Kusama.
Interlay is developing the BTC-Polkadot bridge, and Kintsugi is developing the BTC-Kusama bridge to bring BTC into the Kusama network and bring more liquidity to the ecology. The specific bidding plan will be announced within a week.
Official website: https://interlay.io/
7、Kapocha（Edgeware）
Kapocha is Edgeware's canary network on Kusama.
Edgeware is working to create a smart contract platform with a community-governed treasury, a decentralized proposal system, and a DAO network.
Official website: https://edgewa.re/
8、Calamari（Manta）
Calamari Network is the pioneer network of Manta Network, and Manta Network is the Polkadot ecological privacy project.
After the successful auction, Calamari Network plans to provide on-chain privacy services for the entire Kusama DeFi network. Its early products include: privacy payment MariPay, privacy decentralized AMM trading platform MariSwap, etc.
Slot Auction Program:
Calamari will participate in the parachain slot auction starting from the 6th slot of Kusama, with a period of 8 slots, that is, the lease period is 6 weeks*8=48 weeks.
The bidding strategy and reward details officially announced by Calamari are as follows:
A maximum of 3 billion KMA will be rewarded to KSM contributors, accounting for 30% of the total initial supply of KMA. Calamari will use a ladder cap to design reward caps.
For every KSM locked to support the Calamari slot auction, a fixed 10,000 KMA will be rewarded. The user's KMA reward will not change with the total amount of KSM supporting Calamari.
In addition, the top 1000 contributors will receive additional KMA rewards: the top 1-500 contributors will receive an additional 10% reward; the top 501-1000 contributors will receive an additional 5% reward.
Official website: https://manta.network/
9、Sakura（Clover Finance）
Sakura is the leading network of Clover Finance.
Clover is a Polkadot parachain based on Substrate. Clover is committed to providing an easy-to-use blockchain infrastructure and creating a one-stop comprehensive infrastructure platform to reduce the barriers to entry and costs for developers, and bring rich returns to developers.
Slot Auction Program:
The total amount of SKUs is 1 billion, of which 20% (200 million) are used for slot auction rewards;
Plan to bid on Kusama slots for a duration of 48 weeks (approximately 1 year);
For every 1 KSM locked, at least 200 SKU rewards will be obtained.
Official website: https://clover.finance/
10、Basilisk（HydraDX）
Basilisk is a cross-chain liquidity protocol and a separate chain. It will work in tandem with HydraDX to meet the liquidity needs of nascent cryptoassets at all stages of their lifecycle. In other words, for new long-tail encrypted assets, Basilisk can be selected to guide its liquidity in the early stage; when it matures and stabilizes, it can be transferred to the HydraDX universal pool to further obtain liquidity. For those encrypted assets that have been operating on the Kusama network for a long time, Basilisk can be used to stabilize their liquidity.
Slot Auction Program:
Take out 15% of the total amount, that is, 15 billion BSX rewards for slot auction rewards;
The plan is to bid on Kusama slots that are 48 weeks long (approximately 1 year).
Official website: https://hydradx.io/
11、Robonomics
Robonomics is an IoT platform on Ethereum and Polkadot, which will provide services for IoT devices to access the Polkadot ecosystem, while the Robonomics parachain will store these digital twin IoT devices.
Official website: https://robonomics.network/
12、Genshiro（Equilibrium）
Genshiro is Equilibrium's canary network on Kusama.
The DeFi project Equilibrium includes a currency market and a cross-chain DEX platform, while Genshiro is a Kusama-based DeFi one-stop shop, which can achieve almost everything that DeFi can achieve in a cross-chain manner with lower risk. Function.
Slot Auction Program:
240 million tokens (20% of total supply) rewarded as slot auction rewards
For every KSM contributed, the user will get 1000 GENS
Opportunity to earn additional rewards such as distribution bonus (up to 50%), early participation bonus (up to 20%)
Official website: https://genshiro.equilibrium.io/
13、Loom Network
Loom Network is a multi-chain ecosystem that allows developers to create Dapps that can be easily used on all major blockchains, and allows users to easily use Dapps without having to understand the underlying blockchain on which each Dapp is deployed various ways of interacting and using it. Loom has already integrated Ethereum, TRON, BSC, and now plans to integrate to Kusama and Polkadot through auction slots.
Slot Auction Program:
Bidding starts on the fifth slot
24% of the total amount (50 million) is used for Crowdloan rewards
Get 100 LOOM rewards for every KSM locked
Rewards will be issued as soon as possible after the auction is successful, without locking or linear release
Official website: loomx.io
14、Kpron（Apron）
Kpron Network is a test network deployed by Apron Network on the Kusama network.
Apron Network is committed to building a decentralized infrastructure service network platform, providing application developers, application users and infrastructure operators with a decentralized network based on blockchain technology infrastructure services. Apron Network will provide middle layer infrastructure service support for Ethereum, Kusama, Polkadot, BSC, Filecoin, Helium, Heco, Iost including Layer 2 and other public chains.
Slot Auction Program:
Participate in the Kusama Parachain Slot Auction starting from the 3rd slot with a lease period of 48 weeks
Apron's native token APN (80 million APNs), which accounts for 8% of the total circulation, will be used as Kusama and Polkadot's long-term slot auction rewards
For the first 20,000 KSM, each KSM will be rewarded with 80 KPN; for the 20,000-50,000 KSM, each reward will be 40 KPN; for the 50,000-100,000 KSM, each will be rewarded with 10 KPN; after more than 100,000 KSM, continue to support Contributors will not be rewarded (Note: The obtained KPN can be converted into APN at 1:1)
After the auction is successful, 35% rewards will be distributed to contributors, 35% will be distributed in the second month, and 30% will be distributed in the third month.
Official website: https://apron.network
15、PolkaSmith（PolkaFoundry）
PolkaSmith is PolkaFoundry's canary network.
PolkaSmith is a one-stop production hub for DeFi and NFT dApps on Kusama. It aims to provide all the necessary features, services, integrations and tools for DeFi and NFT experimentation, innovation and real-world solutions.
Slot Auction Program:
Use 15% of the total PKS (70 million), that is, 10.5 million PKS for slot auction rewards
350+ PKS for each KSM locked
35% will be released when the parachain goes online, and the rest will be released linearly within 10 months
Official website: https://polkasmith.polkafoundry.com/
16、Sora Network
SORA is both a new economic system for the concept of a decentralized central bank and a network that implements a new approach to building a parachain blockchain that connects to the Polkadot relay chain using built-in tools focused on DeFi and ecosystem.
SORA Network is good at providing tools for decentralized applications using digital assets, such as token swap, bridging tokens to other blockchains, and creating programmatic rules involving digital assets.
Official website: https://sora.org/
17、Parallel Heiko
Heiko Finance is the canary network of Parallel Finance.
Parallel Finance is a decentralized money market protocol that enables lending, staking and lending within the Polkadot ecosystem.
Slot Auction Program:
Use 5% of total HKO for slot auction rewards
Refer a friend and get an extra 5% bonus
Official website: https://parallel.fi/
Disclaimer: This article only briefly sorts out and introduces the projects that may participate in the second round of Kusama slot auction, and does not constitute any investment advice.
