The Altair crowdloan has now officially launched, and it is ready to receive your KSM!
What is Altair?
Altair is the home for financing assets on Kusama. Altair combines the industry-leading infrastructure built by Centrifuge to finance real-world assets (RWA) on Centrifuge Chain, with the newest experimental features (before they even go live on the Centrifuge Chain). It is the network for users who want to test the boundaries of asset financing.
Read more here!
We dare you to push the limits of DeFi and support experimental asset financing on Kusama Network.
You can do this by contributing to the Altair Crowdloan! Here’s how:
Option 1: Contribute directly on the Altair website!
Option 2: Contribute directly on Kusama
KSM holders can contribute directly to the Altair crowdloan through the Kusama portal.
Please note for options 1 and 2 you can not contribute using a proxy or multisig
Option 3: Contribute through an exchange
Altair has partnered with 3 leading exchanges: OKex , Kraken, and Kucoin to allow their users to contribute directly to our crowdloan. If you have an account on one of these exchanges, then you can securely participate in the crowdloan once it’s launched.
For every KSM that is contributed to the Altair crowdloan and locked for 48 weeks to secure the Altair parachain slot, 400 AIR will be rewarded.
AIR can either be claimed through the chosen exchange (if you participate through Option 3) or directly on-chain on Altair (Option 1 + 2).
Find more details read our tutorial here
You can also join Cassidy Daly & Will Pankewiecz on Wednesday 1st September at 3pm CEST for a live tutorial on How to Stake Your KSM.
Don’t forget the bonuses!
A kind reminder we also have some really excellent bonuses. We’ll just leave the info here
- Earn 400 AIR : 1 KSM
- Early Birds earn an extra 10% bonus if you contribute KSM in the first 48 hours!
- Referral bonus — earn an extra 5% bonus for both you and a friend.
- ✨ One of the first 250 participants in the first? Keep your bonus in the second
- Heavyweights get something extra special…If you contribute more than 10 KSM, we have a special surprise bonus for you. Stay tuned for the announcement — coming soon!
- The Double trouble bonus: stake KSM to Altair and DOT to Centrifuge to get a bonus. Details TBA!*
25% of rewards to crowdloan participants will be liquid and the remaining will vest over the length of the parachain slot (48 weeks).
More information in our rewards post here.
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 the highest TVL 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 access the massive liquidity on Ethereum. The native token CFG has its own bridge to Ethereum.
Get ready to rumble - Altair Crowdloan is now LIVE! was originally published in Altair Network on Medium, where people are continuing the conversation by highlighting and responding to this story.