Primed for Polkadot

First BAJU, now AJUN — we’re on our way to a Polkadot Parachain!

You knew it was coming: thanks to you, our Kusama campaign was successful, and now, it’s time to seek a home on Polkadot. We have set our sights on auction 31, with a leasing period from November 20, 2022, to September 25, 2024.

Get ready: the auction runs from this Friday, October 28, and here are all the details.

Participants will be rewarded with 10 AJUN per DOT staked — those who already contributed to our Bajun campaign will enjoy a higher rate of 12 AJUN. Please note to receive this 20% bonus, you must contribute through the same wallet as previously used.

The campaign is capped at 200,000 DOT, and rewards form a ~0.5% allocation of total AJUN issuance.

Want to know more about the AJUN token? It’s a utility token that will be needed by both developers and gamers on the Ajuna Network, to deploy games, join tournaments, pay fees, participate in governance, and more — you can read all the details here.

After the excitement of winning a Kusama slot for the Bajun Network, this round feels like a real family affair as we enjoy support from those who have already recognized our potential. We are grateful to those who have already contributed and happy to contribute ourselves once again in this auction, too so that we can move forward faster with bringing Ajuna games to the world.

How to participate:

You can support Ajuna directly from the Polkadot crowdloan website — full instructions in this video. And since we are rooted within a great ecosystem, you can also participate already through a number of major wallets, just as for our Kusama campaign.

FACTS:

Crowdloan Cap: 200'000 DOT
Reward: 10 AJUN per DOT
Reward Pool: ~0.5% (2'400’000 / 500’000’000 AJUN)
Reward Bonus: 20% (for Bajun Crowdloan Participants, same address used)
Vesting AJUN: linear vesting over the lease period (96 weeks)

FAQ

More questions? We have more answers!

What exactly are Polkadot parachains?

Polkadot is a groundbreaking blockchain network that solves the scalability problem by running multiple “parachains” in parallel, allowing for many more transactions to be processed. Polkadot provides the infrastructure, while each parachain leaseholder can design their own chain to provide services as they wish. It’s an efficient, flexible and secure way of running a decentralized network.

How are parachains allocated?

Polkadot (and Kusama) use a “vote with your wallet” system to determine who gets to take up a slot on the platform and build on Polkadot’s infrastructure. Parachains are allocated by auction, but instead of simply going to the richest bidder, they go to those with the most support. The goal is to ensure that the services available are what the community most needs and wants.

What is a crowdloan?

Parachain bidders ask their communities to help them win the auction by staking tokens to increase the bid. By staking DOT, supporters show in a very concrete way that they believe in the project and want to benefit from its services.

Although it is called crowdlending, the tokens are never really transferred to the bidding campaign; rather, they are locked for the duration of the lease. The token holder never loses custody of their assets, but cannot use them for anything else. Parachain bidders usually offer rewards, mainly in the form of their own tokens, for staked DOT.

Why does Ajuna need a Polkadot parachain as well as Kusama?

Kusama is Polkadot’s “canary network” — a smaller, cheaper, more innovative platform designed to provide a testing ground for new projects. We won a Kusama parachain for our Bajun Network, but that wasn’t just a trial phase. Bajun fulfils the same role in the Ajuna ecosystem that Kusama does in Polkadot: it is a more affordable platform for new, experimental projects. We will continue to run both networks in parallel.

What is the relationship between Bajun and Ajuna?

Just as Kusama is a more affordable platform for new, experimental projects, Bajun is a testing ground for small games, or for innovations on bigger Ajuna games. Bajun will also be where we try out new features, ensuring that Ajuna Network services are fully tested and optimized.

How do rewards work?

When crowdloan supporters contribute to a parachain auction, their DOT is locked for the period of the lease, which can run for up to 96 weeks. (If the bid is unsuccessful, of course the tokens are returned after the end of the campaign, not the end of the lease.) In return they get incentives, depending on how much is staked.

For Ajuna’s Polkadot auction, we are offering 10 AJUN tokens per DOT staked, with a 20% bonus for those who already supported us in our Kusama auction.