Kusama Parachain Auctions: Second Batch Candidates, part 4.
Heiko, Sakura, SherpaX
Heiko Finance
Heiko is a “canary” Kusama network of Parallel Finance.
Crowdloan | Guide | Website | Docs | Official post about crowdloan
Gleam Waitlists: Parallel Finance | Heiko
Socials: Twitter | Discord | Medium | Telegram
Token: HKO
Token functionality: burning fees , governance, incentives, insurance, validator whitelisting ( source )
Total supply: 1 billion
Tokenomics:
Reward pool: 20–25 million HKO (2.5% of supply)
Crowdloan cap: 400 000 KSM
Reward ratio: total HKO rewards / total KSM contribution
So, not less than 50 HKO : 1 KSM.
Bonuses: none
Vesting: linear unvesting over 12 months
Sakura
Sakura is a Kusama parachain made by Clover Finance.
Crowdloan | Contribution Guide| Website | Sakura FAQ
All other links and socials: Linktree
Token: SKU
Initial supply: 1 billion
Reward pool: 15 million SKU
Crowdloan cap: 100 000 KSM
Ratio: 1 KSM : 150..210 SKU
Minimum bid: 0.1 KSM
Bonuses
Early bird:
● first 2500 contributors get +20% SKU
● 2501–5000 get +15%
● 5001–7500 get +10%
● 7501–10000 get +5%
Crowdloan Vesting: 28% of the SKU will be unlocked upon launch. 72% will be unlocked linearly over 12 months.
SherpaX
SherpaX is ChainX parachain on Kusama.
Crowdloan | Website | Docs | Lightpaper | Official post about Crowdloan
Socials: Medium | Twitter | Telegram
Token: KSX — utility token for transaction fees and governance
Initial supply: 21 million
Annual inflation: 10%
Tokenomics: (from previous PLO post and ChainX TG)
PCX airdrop snapshot was on 5th of June
Reward pool: 8.4 million KSX (40%)
Crowdloan cap: 1 000 000 KSM
Base reward ratio: 1 KSM : 10 KSX
Bonuses
Quantity: +20% KSX for contribuions of 50 KSM and more.
+40% for 100 KSM and more.
+60% for 200 KSM and more.
+90% for 300 KSM and more.
+120% for 500 KSM and more.
Referal: you get 5% bonus from each contribution of your referals. Referals get +5% on their contribution. Referal registration https://ksmslot-pre.chainx.cc/
After all bonuses: additionally 5 KSX per 1 KSM.
Additional NFT bonus: read their Medium post
An example to make it easier:
Alice locks 150 KSM in the crowdloan. She invites Bob who locks 50 KSM and uses Alice's referral code. Their rewards are then:Alice will receive: 150 * (10 + 10 * 40% + 10 * 5% + 5) = 2925 KSX
Bob will receive: 50 * (10 + 10 * 20% + 10 * 5% + 5) = 875 KSXPer 1 KSM locked, you can have a minimum reward of 15 KSX and a maximum of 27,5 KSX.Vesting: no vesting
