Yeah because there’s only a certain percentage of the total GLMR allocated to the parachain auction.
Yes. Only 150 million supply for first year.
I almost fell for this trap as well. If you read closely, it says "1-6 years". This means, they intend to use the 150 million divided between 3 auctions. So, each auction will likely only have 50 million to allocate. This fact DRAMATICALLY decreases what you might think you will get in returns. This is very disappointing but it is what it is
Is it 150 mil glmr or dollar?
Moonriver was around 14 to 1 and the lock in was only a year. I think you are right it's not going to be anywhere near that equivalent based on those numbers
This is wrong, is 15% for a period of 1-6 years, so not will be used all for the first crowdloan
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