Crowdloan
Parachain slot crowdloans are a way for new projects to get their parachain on Polkadot and Kusama. To become a parachain, a project must first bid through an auction for a parachain slot.
In December 2022, Pendulum was DotSama’s fastest crowdloan success with the 300,000 DOT (approximately $1.4M) hardcap being reached in 3 minutes.
In June 2022, Amplitude (Pendulum's sister network) won the Kusama auction 42 with more than 24,080 KSM (approximately $1,172,930) received.
Last modified 3mo ago