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Copy file name to clipboardExpand all lines: docs/kintsugi/crowdloans.md
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@@ -5,18 +5,26 @@ To participate in the crowdloan, you need to lock your KSM and vote for Kintsugi
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Below is a summary of the Kintsugi crowdloan details, as described in the [token economy whitepaper released by Kintsugi Labs](https://raw.githubusercontent.com/interlay/whitepapers/master/Kintsugi_Token_Economy.pdf).
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## Hard Facts
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### Hard Facts
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***Target slot: 6 - 10**
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***Lease duration: 8 periods (maximum lease duration ~48 weeks)**
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***Max. lockup target: 200 000 KSM**
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### Crowdloan Airdrop: 12%
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### Crowdloan Airdrop: 12%
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***Main: 10% (1 million KINT)** of the initial 4-year KINT supply, with the following vesting schedule:
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***30% transferrable** at launch
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* Remaining **70% linearly vested** over 48-week parachain lease period.
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***Extra: 2%** in-protocol airdrops for crowdloan participants who run Vaults and mint kBTC, **not subject to vesting**.
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The **main 10%** airdrop will feature the following **special allocations**, to create a proactive crowdloan process:
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***Crowdloan: 10% (1 million KINT)** of the initial 4-year KINT supply
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***Extra 2%** in-protocol airdrops for crowdloan participants who run Vaults and mint kBTC.
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To create a proactive crowdloan process, Kintsugi features the following **special airdrops:**
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***Early**: 5% for first 3 days of crowdloan
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***Referral**: 5% for the referrer and referred
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Any KINT not used for the Core, Early, Referral and Success Airdrop will be distributed proportionally among all participants, further increasing the ratio of KINT per locked KSM.
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## Participating in the Crowdloan
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###Participating in the Crowdloan
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The crowdloan is a fully permissionless event - you make your own judgement on if and how you would like to participate.
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2. Participate via partner exchanges.
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3. Participate via partner mobile wallets.
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### Guides
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#### Guides
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Step-by-step guides incl. screenshots will be posted here shortly.
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