The Mangata X Crowdloan Will Start on February 22nd at 15:00 UTC
TokenInsight news, the Mangata X Crowdloan will start on February 22nd at 15:00 UTC for bidding on Parachain slots on Kusama. The Crowdloan will be divided into four rounds, offering $330 million $MGX (8.25% of total supply) as rewards. The four rewards will be allocated tokens at 3.5%, 2.5%, 1.5% and 0.75%, in decreasing order.
In addition, users who have previously provided liquidity on Karura, Zenlink on Bifrost, Solarbeam on Moonriver or Sushiswap on Moonriver will be eligible for a 30% bonus on this Crowdloan.