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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. Pendulum's sister network, Amplitude, won the Kusama auction 42 with more than 24,080 KSM (approximately $1,172,930) received. The Pendulum crowdloan on Polkadot is projected for Q4 this year.