Revealing the Centrifuge Crowdloan Rewards 🎁
T-1 day until our crowdloan goes live, so it’s time to announce what you have all been waiting for… contributor bonuses!
Centrifuge is entering the Polkadot auction in Batch 2 to win a parachain slot. Once live, Centrifuge will bring Real World DeFi to the Dotsama ecosystem, and bootstrap DeFi liquidity for real world assets.
Read on to find out what juicy rewards will be available for our contributors — you’re bound to qualify for something extra, too!
Head over to our Crowdloan Contribution page to contribute on December 15th! (Yes, tomorrow.)
TL;DR
- There is no fixed base reward. 15% of the network (65.7 million CFG), is reserved for contributions to our DOT crowdloan. The reserved supply will be distributed to all crowdloan participants as a base reward (this does not include bonuses, which are minted on top!).
- You can earn 25% or more in bonus rewards on top!
- With up to 15% of the supply reserved for crowdloan participants, DOT holders get a huge stake in the Centrifuge network!
Here’s a round-up of all available bonuses:
🦅 Early Birds catch the most CFG
- Earn an extra 10% bonus if you contribute DOT in the first 72 hours!
🥰 Sharing is caring
- We have a referral bonus for our DOT crowdloan — earn an extra 5% bonus for both you and a friend.
- Here’s how it works: after you stake your DOT (note: there is a minimum contribution of 5.0 DOT), save your referral link and share with all your friends to get both you and them 5% bonus CFG!
🏋️♀️ Heavyweights get something extra special…
- If you contribute more than 5,000 DOT, you will receive a 5% heavyweight bonus.
👯♀️ Our double trouble/loyalty bonus is back:
- If you staked KSM to Altair and you are staking DOT to Centrifuge, you get a bonus!
- When you stake in both the Altair and Centrifuge crowdloans, you’ll get a 5% loyalty bonus! Make sure you contribute DOT with the same address you used to contribute KSM in order to be eligible ;)
In order to qualify for these bonuses, contributors must use either the Polkadot portal or the Centrifuge contribution site directly. Contributing through a third party application such as an exchange does not guarantee eligibility for these bonuses.
About Centrifuge
The untapped multi-trillion dollar market of real-world assets (RWA) is now entering Decentralized Finance (DeFi) through Centrifuge: the first protocol to connect DeFi to the real-world. Businesses are using Centrifuge today to access the liquidity that DeFi offers, while investors finance assets for an attractive, stable yield.
Centrifuge has one of the highest TVLs in the Polkadot ecosystem — and will be among the first to launch a Parachain on Polkadot. Centrifuge Chain is built on Polkadot for speed and low fees, while its financing Dapp, Tinlake, is built to tap into the liquidity available on the Ethereum network.
🌀 Twitter 🌀 Discord 🌀 Telegram 🌀 Newsletter 🌀 Forum 🌀
