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TechFlow reports that Polkadot's liquid staking protocol Equilibrium has announced its participation in the ongoing batch of parachain auctions, launching a crowdloan campaign.
The campaign aims to secure 50,000 DOT for its parachain slot, with a duration of two years.
To incentivize participation, 1 million Q tokens will be distributed as rewards, equivalent to 0.83% of the total supply.
Polkadot liquid staking protocol Equilibrium announced it has joined the ongoing batch of parachain auctions and launched a crowdloan campaign. The initiative aims to secure 50,000 DOT for its parachain slot with a two-year lease. To reward participants, 1 million Q tokens will be distributed, representing 0.83% of the total token supply.
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