The Equilibrium team is thankful to all supporters in the previous batch of auctions on Polakdot. More than 9,000 people have participated in our crowdloan bringing over 2M DOT collectively. This is an impressive result that proves our community’s confidence in Equilibrium and eligibility for our developments.
Batch 2 DOT refunds
We were racing neck-to-neck against our contender in batch 2 but unfortunately, luck wasn’t on our side. As such, regular crowdloan participants have got their DOT back automatically while those who contributed via our website (xDOT) have the following options:
- Keep their contributions in batch 3 — just vote “Yes’ here until March 14, 12PM UTC
- Get a refund — vote “No” or simply abstain from voting
Participants of PLO1 (April 2021) can also decide on standing by or opt-out by March 14. They can also give a say by this link. If they don’t vote now they will be able to request a reverse EQ/DOT swap on April 13.
Bonuses for batch 2 participants
If you voted to stay with us and keep your DOT in batch 3, you will enjoy the following bonuses in our crowdloan:
Note, that the special bonus of 300 EQ will be the maximum possible bonus in the crowdloan campaign in this batch.
New campaign summary
Here is numbers behind our brand new crowdloan:
If there is any leftover of the initial allocation after winning a slot in this campaign it will be transferred back to treasury and can be used for future crowdloans.
Early bird bonus
Our batch 3 campaign introduces a bonus for those who contribute DOT before March 20, 2022, at 11:59 PM UTC.
The early bird bonus amounts to 100 EQ : 1 DOT contributed (50% of base rewards respectively). All other bonuses will be guaranteed less than this one.
Referral bonuses
We have received over 800,000 DOT through our referral program. We would like to reward our exceptional referrers and partners for the previous batch with a consolation prize of 1 EQ on each DOT referred.
Our referral program is intact in the next batch as well. Here’s the bonus schedule:
Example: if you referred 1000 DOT in total, you will receive 5% * 1000 DOT * 200 EQ = 10,000 EQ tokens.
Institutional bonuses
If you are contributing more than 10,000 DOT at once from a single Polkadot address, you can expect a bonus of 50% on this particular contribution (no matter when exactly you contributed during the campaign).
FAQ
If I decided to stay after the previous batch and contribute more in this batch what will my bonus be?
You will receive a 300 EQ bonus (150%) on the amount from the previous batch and if you contribute an extra amount before March 20 you can expect a 50% early bird bonus on it.
What is the maximum applicable bonus for the current batch?
The maximum applicable bonus is a 50% early bird bonus.
Will there be any flash bonus events for this batch?
We don’t plan to introduce any flash bonuses for this batch.
What are your chances to win the slot in the current batch?
Our chances are very high, yet we’re completely in the hands of our outstanding supporters, so don’t hesitate and make sure Equilibrium secures a slot this time around.
What will you do if you lose again?
We will try once again, winning a slot and becoming a part of the Polkadot ecosystem is a top priority for us, Polkadot deserves innovation!
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Equilibrium’s crowdloan strategy in batch 3 was originally published in Equilibrium on Medium, where people are continuing the conversation by highlighting and responding to this story.
