auction?
depends on the how many DOT are contributed to the crowdloan
Hi Polkadot.js is asking me for the verifier signature? What's that about? Thx
So for now it shows 1 GLMR per DOT. So this can change right? It doesn't make sense because there are 1B GLMR tokens.
If you contribute can you see how many tokens you will get? Or is that only after the crowdloan is complete?
you must accept the Terms and conditions before participating
only after the crowdloan closes. it depends how many DOT are contributed
on http://crowdloan.moonbeam.foundation
Ultimately rewards will be calculated based on the total number of total DOT contributed. your dot contributed / total DOT contributed *100mm GLMR rewards
Ah I see. This may not be favorable to us early participants because we get a small chuck of rewards for our DOT that is now locked for 2 years, and then someone else who waits for launch, can use the same quantity of DOT to buy a huge supply of GLMR. Also their DOT is still liquid. What does Moonbeam think about this? A concern or not a concern at all?
yes, your total rewards depends on the total number of DOT contributed. and there are no early rewards for contributing. So you can def wait to contribute if you think that is smarter for you
Ok I already contributed. This is similar to an Airdrop right? But its differnet because DOT gets locked for 2 years with no staking rewards. Dang!
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