List of Polkadot Crowdloan Rewards(2): Efinity, SubDAO, Darwinia, Clover, Astar and Manta
The long-awaited auction of Polkadot’s parachain slots has officially opened on November 11, and many ecological projects have successively announced auction strategies.
In the last post, we summarized the auction strategies and rewards of 7 projects, which are Acala, Moonbeam, Astar, Parallel, Litentry, Manta, and Bifrost.
In this article, we will continue to introduce the bidding plans for the following 4 projects: Efinity, SubDAO, Darwinia, and Clover. As the Manta and Astar strategies introduced in the previous article have been adjusted, their latest rewards will also be updated in this article.
1、Efinity
Introduction：
Efinity is built on Polkadot and is committed to becoming the next generation of scalable, decentralized, cross-chain NFT blockchain, and metaverse infrastructure.
Auction Strategy：
- Parachain Lease Period： 96 weeks
- The goal is to win one of the first batch of parachain slots, Crowdloan has been enabled on November 11, and bidding will start on December 2
Crowdloan Rewards：
- Total Reward：200 million Efinity
- Reward Calculation Method：Base reward = (Your DOT contribution/total DOT contribution to Efinity) *200 million Efinity, for every 1 DOT contribution you will get 7.5–9.75 Efinity per year
- Reward Distribution/Unlocking：
- All Efinity rewards will be unlocked linearly within two years
- Extra Rewards：Exclusive Degens NFT （ 10,042 total supply）
- Top 250 contributors get 1 Degens NFT
- 250 randomly selected lucky contributors to get 1 Degens NFT
More Crowdloan Details：
https://enjin.io/efinity-crowdloan
2、SubDAO
Introduction：
SubDAO is a DAO infrastructure based on Polkadot. SubDAO allows decentralized organizations to create and manage DAOs. SubDAO will deploy Starfish Network on Polkadot and will issue Governance token.
Auction Strategy：
- Parachain Lease Period： 96 weeks
- SubDAO will participate in the first batch of parachain auctions (starting on November 11)
Crowdloan Rewards：
- Total reward: 300,000,000 Governance (30% of the total supply)
- Basic reward: 200,000,000 Governance (20% of total supply)
- Basic reward calculation method: 20 Governance for every DOT contributed
- Other Rewards:
- Early bird reward: Contributors who contribute the first 1000 DOT will receive 5% early bird reward
- Referral reward: the referrer and the referee each receive 5% of the referral’s total reward.
- Strong support rewards: more than a certain number of DOT contributions will receive additional rewards ranging from 1% to 10%
- Sprint plan: When the total DOT contribution reaches a certain amount, all contributors will receive a sprint reward ranging from 1%-6%
- Reward Distribution/Unlocking:
- 34% will be released immediately when the Starfish Parachain goes online
- 66% released linearly within 96 weeks
More Crowdloan Details：
https://subdao.medium.com/subdao-crowdloan-plan-for-polkadot-parachain-slot-auction-29190bb8dfd3
3、Darwinia
Introduction：
Darwinia’s is committed to build a cross-chain bridge hub, supporting Defi, NFT, and GameFi applications, and becoming the infrastructure of the next-generation Web3.0 metaverse.
Auction Strategy：
- Parachain Lease Period： 96 weeks
- Timing: Crowdloan entrance will be opened during the first batch of slot auctions on November 11, 2021. Bidding starts in the second batch of slot auctions starting on December 23, 2021.
Crowdloan Rewards：
- Total Reward: 200,000,000 RING（10% of the total supply in circulation）+ 8,000 KTON
- Reward Calculation Method: basic reward = (your DOT contribution/ total DOT contribution to Darwinia) * (200,000,000 RING + 8,000 KTON). This formula is a rough calculation and needs to include various additional rewards.
- Extra Bonus:
- BTC rewards: 1 BTC reward will be shared among the top five contributors before December 23 (this reward is available for successful or failed bidding)
- NFT Blind Box: Cumulative contribution ≥10 DOT to get a limited edition of Metaverse NFT Blind Box (this reward will be given for successful or failed bidding)
- Referral rewards: The referrer and the referee each get 5% extra reward, you cannot recommend yourself, the top ten referrals have additional rewards
- Early bird rewards: the overall trend is that the earlier you participate, the higher the reward percentage you will get; The early bird stage is before December 23, with 120% rewards
- Reward Distribution/Unlocking:
- Basic rewards are distributed and unlocked when Darwinia wins the Parachain slot
- BTC rewards will be issued immediately at the start of the second round of auctions (December 23, 2021)
- The NFT blind box will be released immediately after the second round of auctions (March 10, 2022)
- Referral rewards and early bird rewards will be released linearly after Darwinia successfully wins the parachain slot
More Crowdloan Details：
https://mp.weixin.qq.com/s/PkZTNZiH1yj5rJFKQ9pH2w
4、Clover
Introduction：
Clover is an EVM-compatible blockchain infrastructure platform based on Substrate, focusing on the multi-chain and cross-chain compatibility of DeFi applications, and the interoperability between different chains.
Auction Strategy：
- Parachain Lease Period： 96 weeks
- No fixed crowdloan hardcap
Crowdloan Rewards：
- Total reward: 200,000,000 CLV (20% of total supply)
- Reward calculation method: basic reward = (your DOT contribution/total DOT contribution to Clover) *200,000,000 CLV. This formula is a rough calculation and needs to include various additional rewards. The guaranteed bonus is 1 DOT = 100 CLV.
- Reward distribution/unlocking:
- 28% will be released immediately when the parachain launches
- 72% will be released monthly within 23 months after launch
More Crowdloan Details：
5、Astar（Updated）
Introduction：
Astar Network is a multi-virtual machine, multi-chain, Layer 2 scalable smart contract platform based on Polkadot, which aims to become the central hub of blockchain DApp. Shiden, its canary network, has won Kusama’s third parachain slot.
Bidding Strategy：
- Parachain Lease Period： 96 weeks
- Goal: to win in the first batch of auctions
Crowdloan Rewards：
- Total Reward: 20% of the total supply = 1.4 billion Astar (of which 15% is used as basic Crowdloan reward and 5% is used as additional reward)
- Reward Calculation Method: (Your total DOT contribution/Astar’s total DOT contribution) * 1.4 billion
- Reward Distribution/Unlocking:
- Distributed after the transfer function is enabled
- Unlock 10% after the transfer function is enabled
- The remaining 90% will be unlocked linearly within 22 months
- Extra Bonus:
- Referral rewards: Referees get 1% extra reward; Referrer get 10 ASTRs for each DOT their referees contribute
- Early bird reward: Participate before November 18th and get 20% extra reward
- Shiden Crowdloan participants: 10% bonus
- Strong Holder: Contribute more than 10000 DOT and get 9% extra reward
More Crowdloan Details：
https://crowdloan.astar.network/
6、Manta（Updated）
Introduction：
Manta Network is a privacy protection project based on Polkadot, which provides on-chain privacy protection for DeFi users through the cryptographic technology zkSNARK. Manta Canary Network Calamari won Kusama’s 7th Parachain slot.
Bidding Strategy：
- Parachain Lease Period： 96 weeks
- Crowdloan hardcap: 30,000,001 DOT
Crowdloan Rewards：
- Total reward: 15.6% of the total supply = 156 million Manta (12% is the basic auction reward, 3.6% is the additional reward)
- Basic reward calculation method: (Your total DOT contribution/Manta’s total DOT contribution) * 120 million Manta
- Extra Bonus:
- MantaPay liquidity reward: (Your DOT/Manta’s total DOT contribution) * 30 million Manta
- Early bird reward: 10% extra reward for contributions before November 11th, 5% MANTA for contributions before the end of the third parachain auction
- Binance Reward: Share 6 million Manta according to contribution share
- Referral reward: Referrer and referee each receive 2.5% extra reward
- NFT rewards: All participants through decentralized channels will receive a special NFT reward
- Distribution/Unlocking:
- The basic reward is linearly unlocked by each block in 96 weeks
- MantaPay Liquidity rewards will be linearly unlocked by each block for 48 weeks
- Binance reward: unlock the full amount immediately after the transfer function is enabled
More Crowdloan Details：
https://mantanetwork.medium.com/updating-manta-crowdloan-rewards-3602b5304353
Tips from PolkaWorld
Compared with Kusama Auctions, many project teams have provided richer types of rewards in Polkadot Auctions, increased the number of channels for participation, and some teams have launched liquidity release solutions, which make Polkadot Auctions’ gameplay becomes more interesting (complex). So if you want to maximize participation rewards, you still have to work hard to understand the reward rules of each project. You can check the “More crowdloan details” at the end of each introduction to check out more information.
Important Reminder: The content of this article is information compiled by PolkaWorld and does not represent any investment advice. Please beware of fraud and any guiding investment information.
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