Claim Your Pendulum Polkadot Crowdloan Waitlist Spot Now!
Pendulum’s Polkadot auction is around the corner! The crowdloan is scheduled to begin on 16th December. The waitlist is now live for all of you early birds! Click below to claim your waitlist bonus, or read on to learn more:
Why Join the Waitlist?
Benefits of joining the waitlist include:
- Sign up for the waitlist and enjoy a 5% bonus in PEN tokens
- Refer friends to the waitlist and earn 5% on their crowdloan rewards
- Complete the “Amplifier” campaign for a further 5% bonus
- All community members on the waitlist will be first to receive all necessary information and updates needed to participate in the crowdloan
What is Pendulum and the PEN token?
Pendulum is building the missing link between fiat and DeFi through a forex-optimized smart contract DeFi network. The blockchain infrastructure will allow traditional finance services to seamlessly integrate with DeFi applications such as specialized forex AMMs, lending protocols, and yield farming. Building Pendulum on Polkadot’s Substrate framework maximizes multi-chain interoperability and increased security. The PEN token will power the Pendulum ecosystem. Watch this space for a breakdown of the PEN tokenomics soon.
The Crowdloan Process
Our crowdloan allows us to raise the required DOT to secure a parachain slot on Polkadot and to distribute PEN tokens to the earliest supporters in the community. DOT contributed to a successful crowdloan and will be locked for the duration of the parachain lease for 96 weeks.
Contributors to our successful crowdloan will receive PEN tokens for 96 weeks according to our vesting schedule. The contributed DOT will be unlocked trustlessly and automatically after 96 weeks and returned to contributors. Check out our deep-dive article into exactly how Polkadot parachain auctions work here.
Crowdloan Details
Lease period: 96 weeks
Vesting: 10% at TGE
Remaining 90% vested linearly over 96 weeks (Polkadot parachain lease period)
Eligibility: Users must agree to Terms and Conditions, No KYC required
Bonus Structure: Up to 15% bonus
5% for signing up on the waitlist
5% of the rewards for anyone signing up using your referral link
5% for completing the Amplifier Campaign to boost your referral link
Contributing: You can contribute via our website once the crowdloan is live
DOT Lockup Period: 96 weeks
Token Received: PEN
Redeeming DOT: Your DOT will be unlocked and returned to you without any input required
What are you Waiting for?
Decentralized forex is coming to DeFi and we are excited to have your support in making it happen! Join the Pendulum Polkadot waitlist here, it only takes 1 minute! For more details on the Pendulum crowdloan process, bonuses, and participation details, please visit our FAQs page and feel free to swing by our Telegram or Discord channels!
About Polkadot
Polkadot is a sharded protocol that enables blockchain networks to operate together seamlessly.
About Pendulum
Building the missing link between fiat and DeFi through a fiat-optimized smart contract blockchain based on Polkadot’s Substrate. Allowing traditional finance fiat services to integrate with DeFi applications such as specialized forex AMMs, lending protocols, or yield farming opportunities. Developed by SatoshiPay.
Keep your eyes on the Pendulum!
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