As Kusama prepares to launch its parachain slot auctions through crowdloans, users can participate by staking KSM to earn rewards in respective parachain tokens. This article provides a detailed breakdown of token allocations for 11 major projects competing in the auctions, with updates to follow as new participants emerge.
1. Karura (Acala)
- Token: KAR
- Total Supply: 100 million
- Allocation for Auctions: 11% (11 million KAR)
Reward Structure:
- Minimum 12 KAR per KSM staked
- 30% released immediately upon Karura's launch
- 70% linearly vested over 48-week lease period
- KSM Lockup: Full duration of the lease
2. Shiden Network (Plasm)
- Token: SDN
- Total Supply: 45 million
- Auction Allocation: 22% (9.9 million SDN)
Key Features:
- 11-month KSM lockup (1 month full, 10 months linear release)
- Staking rewards available during vesting
3. Sakura (Clover)
- Token: SKU
- Total Supply: 1 billion
- Reward Pool: 20% (200 million SKU)
Distribution:
- 28% upfront, 72% linearly over 12 months
- 200 SKU per KSM minimum
4. SherpaX (ChainX)
- Token: KSX
- Initial Supply: 21 million
- Auction Allocation: 80%
- Rewards: 10 KSX per KSM
- Post-Auction: Tokens distributed via Statemint parachain
5. Altair (Centrifuge)
- Token: AIR
- Total Supply: 425 million
Rewards: 50+ AIR per KSM
- 25% immediate, 75% vested
6. Moonriver (Moonbeam)
- Token: MOVR
- Total Supply: 10 million
- Auction Pool: 30% (3 million MOVR)
Dynamic Allocation:
- Rewards proportional to individual KSM contribution
- Example: 1% of total KSM = 30,000 MOVR
7. Khala (Phala)
- Token: K-PHA (1:1 with PHA)
- Fixed Reward: 100 PHA per KSM
- Cap: 1.5 million PHA (15,000 KSM max)
8. Crust Shadow (Crust)
- Dual Reward: CRU + CSM
Release Schedule:
- 30% upfront
- 10% per lease period thereafter
9. Bifrost
- Token: BNC
- Reward: 10 BNC per KSM
- Liquidity Solution: vsKSM tokens minted for stakers
10. Crab Network (Darwinia)
- Token: CRING
- Daily Reward: 25 CRING per KSM (15% APY)
- No Lockup: Tokens distributed post-auction
11. Genshiro (Equilibrium)
- Token: GENS
- Total Supply: 1.2 billion
- Auction Pool: 20% (240 million GENS)
- APY: Up to 30%
FAQ Section
Q: How long is KSM locked during auctions?
A: Typically matches the parachain lease duration (e.g., 48 weeks). Some projects offer partial liquidity earlier.
Q: Can I unstake KSM early?
A: No—KSM remains locked until the lease ends or the auction fails.
Q: Are rewards taxable?
A: Consult local regulations; upfront tokens may be taxable immediately.
Q: What happens if a project loses the auction?
A: Your KSM is returned, and some projects still offer partial rewards (e.g., Crab Network).
Q: How are rewards calculated for dynamic pools like Moonriver?
A: Your share = (Your KSM / Total KSM) × Reward Pool.
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👉 Track live auction data and APY comparisons
This guide reflects tokenomics as of initial auctions; verify project updates before participating.