Polkadot Parachain Launchpad is Live on Ankr StakeFi!

Polkadot Parachain Launchpad is Live on Ankr StakeFi!

Participate in the first batch of Polkadot Crowdloans and earn your share of the ANKR reward pools!

As the first batch of Polkadot’s highly anticipated crowdloan campaigns has kicked off, Ankr has released the liquid staking solution on the Ankr StakeFi Parachain launchpad!

On Ankr’s unique Parachain launchpad, crowdloan participants are able to contribute their DOTs to their favorite projects, while keeping their liquidity and at the same time gain access to additional yield earning options.

To celebrate the launch of the first three Polkadot Parachain crowdloan campaigns on StakeFi, Ankr has committed a total of 12,000,000 ANKR tokens to distribute to all participants!

On the Ankr StakeFi Parachain launchpad, users can now contribute their DOT to the following projects, and earn a share in the ANKR reward pool of the supported projects.

  • Acala; 1,000,000 ANKR rewards
  • Moonbeam; 1,000,000 ANKR rewards
  • Clover; 10,000,000 ANKR rewards

The ANKR rewards will be distributed if the supported project wins a parachain slot, and will have the same distribution schedule and the winning project’s token.

The minimum amount to participate in a crowdloan campaign is 1 DOT.

For example: if Moonbeam wins a Parachain slot, 1,000,000 ANKR will be distributed proportionally to all users who committed their DOTs to the Moonbeam crowdloan through Ankr StakeFi.

The ANKR tokens will be distributed after Moonbeam wins the Parachain slot.

Moonbeam will distribute their GLMR tokens 30% at network launch and then 70% linear release over 2 years.


Before we dive further into the Parachain crowdloans and Liquid Bonding, let’s look at some of the new terms we use here:

  • Bonding: committing your DOT tokens to a specific crowdloan campaign. The DOT tokens will be locked for a period of 24 months.
  • Liquid Bonding: for every bonded DOT you will receive an aDOTp token, which is liquid and can be used in DeFi
  • aDOTp: Polkadot Liquid Bonding token. This is the token you will receive 1:1 for every DOT you commit to a specific crowdloan.
  • aDOTp-GLMR: the specific Liquid Bonding token for participants in the Moonbeam crowdloan. It gives you the right to receive GLMR token rewards + ANKR token rewards. Participants in the Acala crowdloan will receive aDOTp ACA tokens, which serve the same purpose.
  • Polkadot js: the non custodial native Polkadot wallet which is used to participate in the the Parachain crowdloan campaigns

Parachain crowdloans briefly explained

As you probably know by now, in order for a project to obtain a Polkadot Parachain slot on the Polkadot network, they must win one of the Parachain slot auctions, by bonding a certain amount of DOT tokens. To increase their chances of winning a Parachain slot, projects can source more bonded DOTs with crowdloan campaigns.

In a Polkadot Parachain crowdloan campaign, the projects asks their supporters to bond their DOTs for a period of 24 months and will reward them with their own project tokens in return.

In the schedule below it is explained how the Parachain auctions work:

Explanation of how Parachain auctions work. Source: https://polkadot.network/auctions/

Why a Parachain launchpad?

In case you support the Moonbeam crowdloan through Ankr’s Parachain launchpad, and Moonbeam wins a Parachain Slot auction, you will be able to claim a Polkadot Liquid Bonding token (aDOTp), which will reward you with Moonbeam’s GLMR tokens as well as ANKR tokens,

When Moonbeam wins a Parachain slot, DOT contributors through Ankr will be able to claim aDOTp-GLMR on their Ethereum wallet (ERC-20), and claim GLMR rewards directly to a Polkadot wallet (for example the Polkadot js wallet).

Holding aDOTp-GLMR activates the right to receive GLMR tokens in line with Moonbeam’s token distribution schedule, solving three main capital inefficiencies of Polkadot Parachain Slot auctions:

  1. Lack of liquidity during Parachain lease period
  2. Inability to borrow against bonded DOT
  3. Inability to opt out from one project to support another during bonding period

The main benefits from Ankr’s Parachain Liquid Bonding solution are:

  • Liquidity enabled through auction or borrowing
  • High Yield product that can be sold at a premium (buyer of aDOTp GLMR through auction get remaining GLMR rewards)
  • Borrow against Liquid Bonding tokens to leverage or unlock liquidity
  • Become a Parachain Market Maker by buying/selling Parachain Liquid Bonding tokens
  • Receive extra Ankr rewards for some winning projects

Holders of aDOTp tokens will be able to trade those tokens through auctions on Bounce Finance, and borrow against aDOTp through OnX Finance.

Aditionally, Ankr will count on its strategic partners to unlock new DeFi use cases for Parachain Liquid Bonding tokens with additional incentivize programs!

Note that if you sell your aDOTp, you will no longer be able to claim any GLMR or ANKR rewards.

If you use your aDOTp in DeFi for example on OnX Finance you will still be able to claim your GLMT and ANKR rewards.

About Ankr

Ankr is an all-in-one portal built to support the growth of Web 3.0. We provide multi-chain DApp development tools, crypto staking solutions, and our decentralized global node infrastructure that powers it all over a growing number of chains.

Our Ankr Protocol, RPC, and API tools create publicly available and incredibly scalable solutions to help DeFi developers and users keep up with an industry undergoing exponential growth. The ANKR utility token is tradeable on Coinbase, Gemini, and more.

Join us at Ankr.com in paving the way for the open internet of the future.

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Ankr Network
Ankr Network

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Ankr Network- The Blockchain Cloud Infrastructure
Ankr Network- The Blockchain Cloud Infrastructure

Ankr makes infrastructure for deploying any blockchain node easy, accessible, affordable and instantly distributed across the globe. Website: https://ankr.com Telegram: https://t/me/ankrnetwork Node market: https://app.ankr.com Node support group: https://t/me/AnkrNodeSupport

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