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Efinity
November 23, 2021

What is the Efinity Crowdloan?

Learn more about the Efinity Crowdloan, crucial dates and crowdloan rewards.

Written by
Tassio Rafael
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Crowdloan Details

With 7.7M $DOT contributed by over 20,000 community members, Efinity has won the 6th parachain auction!

Efinity Crowdloan page can be found here.

How will the token lock-up happen?

The DOT is locked from the time it is contributed until the full duration of the Efinity parachain lease (96 weeks) has ended.

What mechanisms are we using to host the Crowdloan?

Through the Polkadot module, Parallel Finance page, Equilibrium and through exchanges Huobi, Kraken, Gate.io and Bifrost.

Note: You can no longer participate in the crowdloan - Efinity has won the 6th parachain auction.

Are there any bonuses besides the EFI and the NFTs that we are giving to the top participants?

No, only EFI and the NFTs will be rewarded through the lock-up period.

What is the maximum contribution?

There is no maximum contribution. You can contribute as much as you want.

How will the vesting and lease period work?

The full duration of the lease period is 96 weeks. The EFI will be distributed to supporters according to the reward table.

Crowdloan Rewards

With every Polkadot (DOT) that you contribute, we are giving a fixed pool of 10% of the total EFI supply (or 200 million EFI tokens) to contributors, with a cap of 50 million DOT. There will be no more tiered reward structure.

NFT REWARDS

The top 250 Crowdloan contributors will each receive one special NFT, and 250 NFTs will be randomly distributed to lucky winners.

Note: You can no longer participate in the crowdloan - Efinity has won the 6th parachain auction.

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