Polkadex Partners with Equilibrium to Offer an Enhanced Crowdloan Experience

Polkadex Crowdloan contributors not only get PDEX rewards, but also some extra bonuses & liquidity options thanks to our Crowdloan Launch Partner, Equilibrium!

Equilibrium Rewards for Polkadex Crowdloan contributors

Every Polkadexer who contributes to the Polkadex Crowdloan through Equilibrium will receive the following rewards:

  • Base reward starting from 0.1875 PDEX per DOT. That’s just the base reward. The final PDEX base reward amount will most likely be higher since PDEX rewards are paid as a % of your contribution to the total DOT contributed.
  • 15% early-bird bonus on all contributions made in the first 72 hours.
  • 5% on all contributions after the first 72 hours and till the 9th day.
  • An exclusive NFT for each of the top 1,000 contributors
  1. 10 EQ tokens per DOT
  2. 1 xDOT per every DOT
  3. 0.5 EQ per DOT referral bonus

Important

If you have 1 PDEX in your Polkadot.js account, you can contribute as much or as little DOT as you want without worrying about the existential deposit.

What is xDOT?

xDOT is a token that represents a Crowdloan contributor’s locked DOT position. Polkadex Crowdloan contributors will get 1 xDOT for every 1 DOT they contribute. Once the parachain lease comes to an end — 96 weeks after the parachain goes live — xDOT holders can redeem xDOT for DOT at a 1:1 ratio.

Full rewards breakdown and participation guide

For more details on how much PDEX you can get and how to participate in the Polkadex Crowdloan, check out the guide below:

About Equilibrium

Equilibrium is a cross-chain DeFi super-app that combines a money market and a spot market with margin trading. The platform performs the full gamut of DeFi functions from pooled lending and synthetic asset generation to decentralized trading. EQ is the native utility token that is used for communal governance of Equilibrium. xDOT is a liquid and tradeable wrapped DOT that unlocks liquidity of DOT locked in parachain auctions and delivers multiple crowdloan bonuses on Polkadot. Subscribe to Equilibrium’s Telegram, Twitter, Facebook, and Medium.

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