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Just now, as a member of the Kusama Council, PolkaWorld participated in voting and passed Motion 346, which opened the sixth auction of Kusama.
About the 6th auction:
Auction Period/Bid Period: 27,000 blocks, or 45 hours, with an additional 3 hours at the end to select the winner of the auction period.
Starting period: 15 Lease, the lease period starts from September 3
Candle period/end period: a total of 5 days of candle random end period
Judging from polkadot.js.org, 16 projects have created Crowdloan activities on Kusama as of the time of publication. According to the Kusama auction rules, all projects that initiate crowdloan will automatically bid with the amount locked in crowdloan at the beginning of each auction , the current item with the highest bid will be displayed on the auction page of polkadot js. As shown in the figure below, KILT is currently the highest bidder. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fpub.elara.patract.io%2Fkusama#/parachains/crowdloan
As of this writing, the top five projects with the most locked positions are KILT, Manta’s Pioneer Network Calamari, Parallel’s Pioneer Network Heiko, Basilisk, and Centrifuge’s Pioneer Network Altair. PolkaWorld organizes some information for your reference.
KILT: 208,175 KSM collected
crowdloan prize pool: 4.5 million KILT tokens
crowdloan cap: 220,000 KSM
KILT has set aside 4.5 million KILT tokens as rewards for supporters who help them win the auction. When the KILT network is fully decentralized, this part of the reward will be distributed by KILT's governance. In addition, BOTLabs, the entity behind the KILT protocol, will also vote in the parachain auction process, but the organization will not share the reward of 4.5 million KILT tokens.
KILT has a Crowdloan cap of 220,000 KSM, upon which no further contributions will be accepted. KILT's Crowdloan rewards will be distributed under governance to Crowdloan supporters (excluding BOTLabs). This means that if the crowdloan reaches the maximum limit, you can get at least 25 KILT tokens for every 1 KSM you contribute. If the maximum cap is not reached, you will be awarded more KILT tokens.
Manta Pioneer Network Calamari: 103,231 KSM have been collected
crowdloan prize pool: up to 3 billion KMA
In addition, the top 1000 contributors will receive additional KMA rewards:
The first 1-500 contributors will receive an additional 10% reward
crowdloan limit: 300,000 KSM
Calamari has reserved 3 billion KMA, 30% of the initial total KMA supply, to distribute to their backers as rewards. Calamari's crowdloan has a maximum cap of 300,000 KSM, which means that when that cap is reached, there will be no excess KMA distributed as rewards to KSM borrowers.
Calamari will use a ladder hard cap to avoid irrational competition that raises the cost of slots. Calamari will have three hard caps in the slot auction:
(Currently the first hardcap has been reached)
The first hard cap is 100,000 KSM, that is, a reward of up to 1 billion KMA will be distributed to KSM contributors. If within the first hardcap, Calamari gets a parachain slot, it will not enter the next hardcap, and the remaining KMA rewards will be deposited into the treasury for future slot auctions.
If a higher bidder wins the slot after the first hard cap, Calamari will open a second hard cap, distributing 2 billion KMA to KSM contributors, that is, the second hard cap is 200,000 KSM.
By analogy, if a higher bidder wins the slot after the second hard cap, the third hard cap will be opened, and 3 billion KMA will be allocated to KSM contributors, raising a maximum of 300,000 KSM.
KSM Supporter Rewards
Every 1 KSM contributed will be rewarded with a fixed amount of 10,000 KMA tokens. The advantage of this fixed ratio is that the user's KMA reward will not change with the total amount of KSM supporting Calamari.
The first 501-1000 contributors will receive an additional 5% reward
If a KSM holder supporting Calamari invites other KSM holders to support Calamari, both parties will each receive an additional reward of 2.5% KMA.
You can also support Calamari on the Calamari crowdloan official website: https://crowdloan.calamari.manta.network/
Parallel Heiko: 32,394 KSM collected
crowdloan bonus pool: 25,000,000 HKO
crowdloan cap: 400,000 KSM
The reward ratio of HKO obtained by the user will be calculated by the following formula:
Proportion of rewards obtained = total amount of HKO reward pool / total amount of KSM participating in Heiko crowdloan
This means that if the cap of 400,000 KSM is reached, at least 62.5 HKO tokens will be rewarded for every 1 KSM supported. If this cap is not reached, you will be awarded more tokens.
Once Heiko wins the slot and goes live on the Kusama network, HKO will immediately begin a 1-year linear release.
Basilisk: 33,868 KSM collected
crowdloan limit: 222,222 KSM
Total BSX rewards: 15 billion BSX (15% of total supply)
HDX rewards: 56,873,469 HDX (maximum)
Release period: BSX rewards and HDX rewards will be released linearly. Token distribution will start once the Basilisk LBP campaign ends (approximately 2 weeks after winning the parachain slot) and will continue until 1 week before the parachain slot expires.
The reward multiplier reaches its maximum value (1x) within 45 hours after the auction starts. Once the candle period starts, the multiple will decrease linearly for the remaining 5 days of the candle period until it reaches 0x in the last auction block. For example,
Basilisk wins with a total contribution of 100,000 KSM
Alice contributed 1000 KSM, 1% of the total contribution
If Alice participates before 09:00 GMT on September 3, she will receive a top reward of 150 million BSX.
Participation URL: https://loan.bsx.fi/
The amount of BSX rewards depends on two factors. The first is the individual contribution's share of the total KSM contribution. The second factor is the BSX reward multiplier.
If she does so on September 5 at 21:00 GMT, Alice will only receive 50% of the reward (75 million BSX).
The second part of the reward mechanism is the HDX bonus, which partially compensates for the opportunity cost of locking up KSM tokens. In other words, eligible contributions will be partially compensated in HDX tokens at $0.08059 (closing LBP price).
HDX bonuses vary between 30% and 5%. When the snek is chasing the other leaders, it's the top 30% bonus, as Basilisk becomes first and takes an easy 15% lead, the HDX bonus will start to drop, and once the lead reaches 20%, the bonus will drop to a minimum of 5%.
Learn more: https://basiliskfi.substack.com/p/the-snek-is-back
Centrifuge Altair: 30,933 KSM collected
Crowdloan cap: 200,000 KSM
If you contribute one KSM, you will be rewarded with 400 AIR tokens
If you contribute KSM within the first 48 hours of the auction, you will also receive an additional 10% reward
Refer your friends to support Altair, you and your friend can each get an extra 5% bonus
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