In the past year, we have experienced so much together with you and we truly want to thank every single one of you who supported Clover along the way, without you we wouldn’t be at where we are right now.
Before we dive into details about our Crowdloan reward distributions through different channels, here are some data recap about the concluded Clover Parachain Auction:
- 9,752,487 $DOT has been raised in the Polkadot Parachain Auction Crowdloan event from all channels
- 11,768 contributions has been made from 5,465 wallet addresses
- Leading Blocks: 79.53%
Crowdloan Reward CLV Distribution
Calculation of Base Reward Rate follows this simple formula:
- 200,000,000 ÷ Total $DOT Contributed
Since we have received total of 9,752,487 $DOT in Crowdloan, for each $DOT you will receive:
- 200,000,000 ÷ 9,752,487 = 20.5075895 $CLV
Besides base rewards, different contribution channel may entitle you additional rewards allocated by us or our partners:
- via Clover Website Crowdloan Page:
- 20.5075895 $CLV Base Rewards for each $DOT contributed
- For each $DOT contributed, you will be eligible to claim 1 LUCKY NFT
- 28% of the $CLV reward will be released on 15th of January 2022
- Remaining 72% of the $CLV reward will be unlocked and distributed each month in the next 23 months
- via Binance, Huobi & OKEx:
- 20.5075895 $CLV Base Rewards for each $DOT contributed
- 30% of the $CLV reward will be distributed to the exchanges on 15th of January 2022
- Remaining 70% of the $CLV reward will be unlocked and distributed each month in the next 23 months to the exchanges
- For exchange specific reward and distribution schedule, please refer to each exchange’s announcement and rules
- via Polkadot.js & other Exchanges:
- 20.5075895 $CLV Base Rewards for each $DOT contributed
- 28% of the $CLV reward will be released on 15th of January 2022 to the corresponding party
- Remaining 72% of the $CLV reward will be unlocked and distributed base on each exchange’s own reward timeline
- via Parallel Finance (https://crowdloan.parallel.fi/#/auction/polkadot):
- 20.5075895 $CLV Base Rewards for each $DOT contributed
- A bonus of 5 $CLV per DOT will be rewarded for the first 800,000 DOT contributed. The bonus reward per contributor will be capped at 10,000 $CLV maximum reward
- Bonus $PARA will be rewarded by Parallel Finance
- 28% of the $CLV reward will be unlocked at first distribution
- Remaining 72% of the $CLV reward will be unlocked and distributed each month in the next 23 months
- Date of distribution will be announced by Parallel Finance
LUCKY NFT
If you participated in the Crowdloan from Clover Website Crowdloan Page, you are eligible to be in the draw of LUCKY NFT on Binance Smart Chain, we have collected your BSC address when you made the contribution.
Simply visit LUCKY NFT Page here to draw, claim and upgrade your LUCKY NFTs from 17th of Jan 2022.
CLV Staking
CLV staking functionality is fully integrated and users can start staking their CLV to validators to participate in decentralizing and maintaining the Clover network from Jan 14th 2022.
We firmly believe that creating better and more active network participation is key to decentralization success, thus bringing users the optionality of staking is critical to achieve this goal. We are actively working with our partners to bring more ways of participating in the CLV staking, please stay tuned.
For now you may simply follow guideline here to stake your CLV:
https://docs.clover.finance/clover-chain/staking/stake-as-a-nominator
And if you are interested in becoming a validator for Clover network, you may follow the guideline here:
https://docs.clover.finance/clover-chain/staking/running-a-validator-or-rpc-node
Clover Full Speed Ahead
In the past a few weeks after the Parachain Auction, you may notice that we are continuing to bring new partners onboard with Clover, and this won’t stop here. We have so much more to deliver.
Community-wise, you will experience much more throughout our socials! We are running the Global Ambassador Program and soon our lovely ambassadors will pop up in the neighbourhood.
Again, thank you! We cannot wait to build 2022 together with all of you.
About Clover Finance
Clover is a one-stop infrastructure platform for cross-chain and decentralized applications. The Clover chain is a Substrate-based specialized Layer 1 chain that is EVM compatible and cross-chain interoperable. Infrastructure made ready for scaling dApp in the multi-chain universe. The Clover wallet is a multi-chain all-in-one wallet, for Day-to-Day, Defi, Gaming purposes.
Featured by Coinlist as one of the most noteworthy projects in 2021 and backed by major industry institutions such as Polychain Capital, Alameda Research, Huobi and OKex’s Ventures Arm, with our multi-dimensional products lineup, including Multi-Chain Wallets, Clover dApp Interaction Protocol, Clover EVM and Universal Cross-Chain Support, Clover uniquely positioned itself as “Passport to the Omniverse.”
Reach Clover Finance on
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