being offered this parachain auction?
I know
It is 15%, but that's stated that it's for the next 6 years, which is the next 3 parachain auctions
What do you mean six years
Why is it not clearly stated this time? It's strange!
Hahahahaah
https://moonbeam.foundation/glimmer-token/ Under Parachain Bonding, 15%: Tokens under Foundation control to be used to pay for the DOTs required for the Moonbeam parachain slot in years 1-6.
Compared with last time, Crowdloan's circulation is too large and the distribution ratio is too low. It takes 6 years and is too long. The proportion of the first distribution after the successful auction is unknown! The movr time is only 1 year, and 30% will be distributed directly after the successful auction. The gap is too big!
Does this mean to confirm the distribution of 15% to crowdloan? I don't think so! The rules have not been determined yet.
Right, it's ambiguous. We need someone to confirm the distribution for this upcoming crowdloan. I like moonbeam but if it's under 10% I probably won't participate.
Yeah, it’s a bit weird how come we don’t know the exact amount that will be distributed in this crowdloan
Will there be more detailed rules a week before the auction? Today, I learned from the ACA community manager that the ACA expects to give a very detailed explanation this week.
Right, I'm not fudding or anything, far from it. Movr was great and I have been quite excited about glmr. However, here we are already pre registered and unbonding and we still don't know what exactly we are buying. Couple that with the fact that VCs are making a killing on this, a percentage of tokens were already sold off during take flight event, and there will likely be overwhelming support no matter the offering because everyone is chasing those sweet MOVR gains, and idk, I might have to sit it out if it's too low. Sucks!
Will you participate in other one then or just hold your coins
Kinda harsh, but we’re just at at the bottom of the barrel 😅 even though all of us have a feeling that we are here very early
Will the project party be unwilling to share too much tokens with crowdloan because Movr is too successful?
I want to buy glmr. I'm not going to buy a crowded auction with only 5% up for grabs
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