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What projects are involved in Kusama's second round slot auction?

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Kusama's second auction of five parallel chain slots will begin on September 1.

The second Kusama Slot Auction, what are the items?

Source: PolkaWorld

Original article by Boca World

Kusama's second auction of five parallel chain slots will begin on September 1.

What will be in the slot auction this time? PolkaWorld has compiled a list of the projects that may be interested in participating and their slot bidding plans for you to know in advance.

Some of the slot auction plans listed in this article were released earlier, and the project parties may update or adjust their auction plans in the future. If you want to know the latest bidding plans, you can keep an eye on PolkaWorld and the official channels of each project party.

Parallel threads of Kusama

1, SherpaX (ChainX)

SherpaX is ChainX's pioneering site on Kusama. ChainX is the first project of Boca Ecosystem to go online. It is committed to the development and research of BTC Layer 2 expansion, digital asset gateway and Boca Secondary relay chain, so as to realize cross-chain asset communication and lead the new direction of bitcoin cross-defI.

Slot bidding plan:

SherpaX has already started Crowdloan and announced the latest Crowdloan auction rewards program on August 20, increasing the rewards.

· 10 KSX rewards for every 1 KSM locked;

· Quota bonus, that is, the more KSM locked in the warehouse, the more ladder bonus;

· Invite bonus: both the inviter and the invitee get an additional bonus of 5%;

· Bonus, 5 KSX bonus for every 1 KSM;

· Reward limited edition digital identity CID NFT. The earlier you participate and the greater the lock amount, the scarcer the CID NFT you get.

SherpaX will initially launch as an IAO (Initial Airdrop Offering). Ten thousand KSX, 20% for community autonomy, 80% for bidding for slots in The Kusama parallel chain, and 10% per year thereafter. KSX has no lockup period, and the parallel chain is released once it is online.

Website:https://www.chainx.org/

2, Darwinia Crab

Darwinia Crab Network (HEREINAFTER referred to as: Crab Network) is the precursor of Darwinia Crab Network on Kusama, and is the first cross-chain NFT chain in Boca ecology.

Slot bidding plan:

· Crab plans to start the slot auction in round 4 and plans to bid for a 48 week slot;

· A total of 240 million CRING and 6 million RING rewards will be awarded according to the user's support score, 30% will not be locked, 70% will be released linearly within 48 weeks;

· Reward evolved planet NFT Mining bundles (land, Apostle, etc.);

· BTC Super Prize.

Website:https://darwinia.network/

3. Altair (Centrifuge)

Altair is Centrifuge on Kusama's Canary Network. With the Altair, anyone can tokenize their assets and use them as collateral to get financing through Tinlake.

Slot bidding plan:

· At the beginning of creation, the Altair network will take a snapshot of the balance on the Centrifuge chain and distribute AIR tokens to CFG token holders in a 1:1 ratio;

· Altair's token supply is 425 million;

· For those who participate in crowdlending, supporting 1 KSM will be rewarded with 50+ AIR. The exact number of AIR units allocated to each KSM holder will depend on the price of parallel chain slots and the participation of crowdfunding;

· 25% of the rewards will be unlocked at the beginning, and the remaining amount will be allocated to crowdloan participants within the time of the parallel chain slot.

Website:https://centrifuge.io/

4, Crust Shadow

Crust Shadow is Crust's parallel network on the Kusama network.

Crust aims to build a distributed cloud ecosystem that values data privacy and ownership. Crust provides a decentralized storage network for the Web3 ecosystem, supporting multiple storage layer protocols including IPFS, and interfaces to the application layer. Crust's technology stack also supports a decentralized computing layer.

Slot bidding plan:

The Crust award is divided into two parts: one is the Crowdloan period, which will be awarded to supporters regardless of whether they are successful or not; The second is the slot rental period reward, can be obtained after the successful auction.

· Crowdloan Reward: At Crust Shadow Crowdloan, participants will receive two coins of 0.07 CRU + 14 CSM regardless of whether they are successful or not.

· Slot rental reward: If KSM≤50000, the distribution ratio is 1 KSM: 1.5 CRU+300 CSM; If KSM > 50000, 75,000 will be divided according to the contribution ratio. Crus + 15 million CSM.

· 30% of the lease award will be released immediately upon winning the auction, and 10% for each subsequent lease. Upon receipt of the award, CRU can participate in the PLEDGE of the Crust Checker/Candidate node and receive additional rewards.

· Maximum reward: 90,000 for CRU and 18 million for CSM.

Website:https://crust.network/

5, KILT Protocol

KILT Protocol is the underlying Protocol for decentralized trust transfer in the Web3 era. On the basis of protecting user data sovereignty, it supports the "verifiable digital credentials" function through the unique on-chain mutual verification mechanism. Through zero-knowledge proof technology, the function of selective presentation of digital certificate can be realized. The KILT Protocol will create a unique "trust economy market" that will provide economic incentives for the transmission of trust and promote the free transmission of trust without borders.

Website:https://www.kilt.io/

6. Kintsugi (Interlay)

Kintsugi is Interlay's Canary network on Kusama.

Interlay is developing the BTC-Polkadot Bridge and Kintsugi is developing the BTC-Kusama Bridge, bringing BTC into the Kusama network and bringing more mobility to the ecology. Detailed bidding plans will be announced within a week.

Website:https://interlay.io/

7. Kapocha (Edgeware)

Kapocha is Edgeware's canary network on Kusama.

Edgeware is committed to creating a smart contract platform with a community-managed Treasury, decentralized proposal system, and DAO network.

Website:https://edgewa.re/

8. Calamari (Manta)

Calamari Network is a precursor to Manta Network, the Boca Ecological Privacy project.

Calamari Network, whose early products include MariPay for privacy payments and MariSwap, a decentralized AMM exchange for privacy, plans to provide on-chain privacy services for the entire DeFi Network in Kusama.

Slot bidding plan:

Calamari will participate in the parallel chain slot auction, starting with Kusama's sixth slot, for eight cycles of slots, i.e., 6 weeks *8=48 weeks of lease.

Calamari's official auction strategy and reward details include:

· Up to 3 billion KMAS are awarded to KSM contributors, representing 30% of the total initial SUPPLY of KMA. Calamari will use a ladder cap approach to designing rewards caps.

· For every KSM locked to support Calamari slot auction, a fixed prize of 10,000 Kmas will be awarded. The amount of KMA rewards users receive will not change with the total amount of KSM supporting Calamari.

· Additional KMA rewards for the first 1000 contributors: 10% bonus for the first 1-500 contributors; The first 501-1,000 contributors get a 5% bonus.

Website:https://manta.network/

9. Sakura (Clover Finance)

Sakura is Clover Finance pioneer.

Clover is a Polkadot parallel chain based on Substrate. Clover is committed to providing an easy-to-use blockchain infrastructure and creating a one-stop comprehensive infrastructure platform to lower the barriers to entry and costs for developers, as well as to bring generous returns to developers.

Slot bidding plan:

· The total SKU is 1 billion, of which 20%; (200 million) for slot auction awards;

· Plan to bid for 48 weeks (about 1 year) of Kusama slots;

· Earn at least 200 SKU for every 1 KSM locked.

Website:https://clover.finance/

10. Basilisk (HydraDX)

Basilisk is a cross-chain liquidity protocol as well as a separate chain. It will work with HydraDX to meet the liquidity needs of nascent crypto assets at all stages of their life cycle. In other words, new growth tail crypto assets, early can choose Basilisk to guide their liquidity; When it matures and stabilizes, it can be moved to the HydraDX universal pool for further liquidity. For crypto assets that have long operated in Kusama, Basilisk can be used to stabilize their liquidity.

Slot bidding plan:

· Allocate 15% of the total, or 15 billion BSX prizes, to slot bidding prizes;

· Plan to bid for 48 weeks (about 1 year) of Kusama slots.

Website:https://hydradx.io/

11, Robonomics

Robonomics, the IoT platform on Ethereum and Boka, will provide IoT devices with access to the Boka ecosystem, while the Robonomics parallel chain will store these digital Twin bioconnected devices.

Website:https://robonomics.network/

12, Genshiro (Equilibrium)

Genshiro is the canary network in Equilibrium on Kusama.

The DeFi project Equilibrium includes a currency market and a cross-chain DEX platform, while Genshiro is a Kusama-based DeFi one-stop shop that can achieve almost all of the current DeFi capabilities in a cross-chain manner with lower risk.

Slot bidding plan:

· 240 million tokens (20% of the total supply) as slot auction rewards

· Users will receive 1000 GENS for each KSM contributed;

· Access to additional rewards such as distribution bonuses (up to 50%), early participation bonuses (up to 20%)

Website:https://genshiro.equilibrium.io/

13, Loom Network

Loom Network is a multi-chain ecosystem that allows developers to create dApps that are easily available on all the major blockchains, and allows users to easily use dApps without having to understand the various interactions and usage methods of the underlying blockchain on which each Dapp is deployed. Loom already integrates with Ethereum, TRON, BSC, and now plans to integrate with Kusama and Boca via auction slots.

Slot bidding plan:

· Bid from the fifth slot

· 24% of the total (50 million) goes to Crowdloan rewards

· 100 looms for each KSM locked;

· Rewards Rewards will be distributed as soon as possible after the successful auction, without locking or linear release

Website:loomx.io

14. Kpron (Apron)

Kpron Network is a test Network for Apron Network to deploy on Kusama Network.

Apron Network aims to build a decentralized Network of infrastructure services for application developers, application users, and infrastructure operators based on blockchain technology. Apron Network will support mid-tier infrastructure services for Ethereum, Kusama, Polkadot, BSC, Filecoin, Helium, Heco, AND Iost, including Layer 2.

Slot bidding plan:

From the first & have spent, 3 Slots to participate in the Kusama parallel chain slot auction for a 48-week lease

· 8 percent of Apron's original token APNs (80 million APNs) were offered as a long-term slot auction reward for Kusama and Polkadot

· For the first 20,000 KSM, 80 KPNS will be awarded for each KSM; KSM 20,000-50,000, 40KPN each; 50,000-100,000 KSM, 10KPN each; Contributors who continue to support more than 100,000 KSM will not be rewarded (note: KPN earned can be converted to APN 1:1)

· After successful bidding, contributors will be awarded 35%, 35% in the second month and 30% in the third month.

Website:https://apron.network

15. Polka Mith (polka Oundry)

PolkaSmith is the Canary network for PolkaFoundry.

PolkaSmith is a one-stop production centre for DeFi and NFT dApp on Kusama. It aims to provide all the necessary functions, services, integrations and tools for DeFi and NFT experimental, innovative and real-world solutions.

Slot bidding plan:

· 15% of the total PKS (70 million), which is 105 million PKS, will be used for the slot auction prize

· 350+ PKS for every KSM locked

· 35% will be released when the parallel chain goes online, and the rest will be released linearly within 10 months

Website:https://polkasmith.polkafoundry.com/

16, Sora Network

SORA is both a new economic system of decentralized central banking concepts and a network that implements a new approach to building parallel chain blockchains that connect to Polkadot relay chains and ecosystems using DeFi focused built-in tools.

SORA Network specializes in providing tools for decentralized applications that use digital assets, such as token swap, bridging tokens to other blockchains, and creating programmatic rules that involve digital assets.

Website:https://sora.org/