Top 5 Altcoins for Maximum Polkadot Parachain Rewards
Polka dot the eighth largest Cryptocurrency with a market Capitalization of 48 billion dollars Kicked off its first parachain auction On the 11th of november and investors Are lining up not too surprisingly and Get this nearly 2.5 billion dollars in Dot tokens dot have been contributed Already via crowdfunds but where should You be locking your dot where will you Get the maximum rewards and is there a Way you can keep using your locked dot In this video we’ve tried to remove the Hype and identify the actual reward Value each project promises to deliver Let’s deep Dive guys my name is matty and if you’re New to this channel we are altcoin buzz A crypto investment research company We’ve been in this cryptocurrency game For a number of years now and we’ve been Making millionaires since all the way Back in 2017 not by accident either but Because we’ve been diligent investors And have made some very high profile Public bets on major winners like Ethereum binance cardano crypto.com Engine matic network chili’s quant Network polkadot uni swap and many other 100x projects so guys if you don’t want To miss out on the next potential crypto Moonshot or altcoin gem be sure to hit Like subscribe to our youtube channel Altcoinbuzz also hit the bell to receive
Notifications because that way you’re Making sure that youtube alerts you Every time we publish new content before Going any further just a reminder that Any kind of investment entails Corresponding risk and so you guys know It already but i’ve got to say this Video does not represent financial or Investment advice if you watched our Last couple of videos on polka dot Parachain auctions you have a good sense Of what we’re excited about in this Space and where we’ve kind of hinted That if you’re interested at least this Is where you should be parking your dot But before you actually go ahead and Contribute your dot we want to overview These projects once again and give you a Crystal clear insight into how the Rewards work we’re going to look at the Numbers we’re going to look at the Potential returns across all of these Projects that we’ve already touched on And we’re going to start with akala Which is the defy hub of polka dot it’s An ethereum compatible platform for Smart contracts and the platform offers A trustless staking derivative known as Liquid dot a multi-collateralized stable Coin that’s a usd and an amm de-x that’s An automated market maker decentralized Exchange acala has partnerships with Chain link moon river scheiden network And others and major investors currently
Include the likes of digital currency Group poly chain capital alameda Research and coinbase ventures all of These have invested and expressed a lot Of interest in acala akala has a total Supply of 1 billion aca out of which 17 Or 170 million are allocated Specifically for crowd loans and the Crowd loan target is 50 million dot if You participate in a calapara chain Auctions you will get the following Rewards first of all you’re going to get The base rewards you’re also going to Get a self referral at ten percent and You’ll get a bonus vip only reward Applicable for referral more than three Thousand dot at ten percent we’re going To exclude this from our calculation as This is not feasible for most users However it’s something that you know if You’re a baller or a high roller you Ought to know that it exists you can Also participate in quest at two percent If you would have participated in Kerrura’s crowd loan at two percent with All of these bonuses your reward for Every dot will look like the following 3.88 aca that’s considering the 100 Target is met one nft which might have Some benefits in the future and may Accrue further value and one lcd ot Lcdot is a unique value proposition Where you get this liquid dot as a Reward and can mint a usd in a callus
Platform with that ausd you’re going to Be able to buy back a percentage of dot So ideally you’re not losing your dot Staking rewards so the final rewards now Look like the following 3.88 aca 1 nft And 0.26 dot or 14 of the staking Rewards for 22 months and just for your Information karura which is the canary Chain of akala did an all-time high of 13.22 cents with a supply of 80 million So as far as we see it the positives Associated with the kala are ic dot the Fact that an nft that you acquire may Have further value down the line and That it’s a probable top 50 d5 project At least as we see it considering the Negatives however the dot is locked up For two years however and importantly You can still use lc dot and Intelligently earn rewards the best Place to participate is via acala’s Crowd loan page shown here next up on Our list is littentree we all know that Polka dot has a very unique identity in The blockchain world and so it really is Worth talking about an identity Aggregator which is litantry in this Context because littentree is a Decentralized multi-chain identity Aggregation protocol and with littentree Users can manage their identities and Get real-time credit primary token is Lit it has a supply cap of 100 million Tokens it also happens to be in my
Opinion the best ticker in the game lit And lit is available on binance and is Trading near five dollars right now Let’s talk about the crowd loan rewards Evaluation so littentree has a total Supply of 100 million lit that’s 100 Million lit out of which 20 or 20 Million are allocated for the crowd loan The crowd loan target is 8 million dot So if you participate in the litten tree Parachain auctions you’re going to get The following rewards base rewards You’ll also get a bonus however an early Bird bonus at 10 percent and a bonus in The form of decentralized identity tasks If you get verified with littentree at Ten percent so with all of these bonuses And participating via parallel finance Your reward for every dot will look like The following three lit considering the 100 target is met four para one c dot Which is parallels liquid dot one dot Which is the domain name for polka dot Name systems a minimum of ten dot to be Locked and also it’s going to be free For the first year and c dot is a unique Value proposition where you get this Liquid dot as a reward and can mint a Stable coin to buy back dot so ideally You’re not losing your dot staking Rewards and therefore the final rewards Now become for every dot stake three lit Again that’s considering the 100 target Is met four para 0.26 dot at 14 staking
Rewards for 22 months and one dot domain Name for polka dot name systems so the Positives as we see them they include c Dot they include the fact that there’s a Failure compensation of 13 apy that’s 0.12 lit and the fact that you have a Top 3 distributed id project in the Future the negative however is that Again your dot is locked up for two Years and in this case no referral Bonuses unfortunately and as far as the Best way to participate our Recommendation is that you do so via Parallel finance which is shown here the Third project on our list is astar so This is a scalable interoperable and Decentralized web 3.0 platform it’s Closely related to scheiden network and Is the winner of kusama’s auction number Three scheiden as you may know is a Multi-chain dapps hub on kusama and Astar has a 150 000 ether as far as its Total value locked it’s tvl and it aims To connect ethereum and cosmos Blockchains to the polka dot ecosystem Let’s talk the crowd loan rewards Evaluation now astar has a total supply Of 7 billion astr out of which 20 or 1.4 Billion are allocated for crowd loan and The crowd loan target is 35 million dot If you participate in a star’s parachain Auctions you’re gonna get the following Rewards base reward bonus reward Including an early bird at twenty
Percent a bonus referral reward at only One percent but it still exists and a Bonus for scheiden participants at 10 Percent and so with all of these bonuses Your reward for every dot will look like The following 52.4 astr that’s considering of course The 100 target is met so positives for This project are the fact that you’re Getting rewards if you’re a schieden Participant vested tokens can be used For decentralized application staking Negatives however is that again d.o.t is Locked for two years that’s kind of to Be expected it’s a bit of a default Assumption but it is a negative another Negative is that there’s no liquid dot In this case the best way to participate In our opinion is via astar’s crowd loan Portal that is shown here number four on This list going back to a video that we Made in august is affinity by engine if You’re not familiar with this project Affinity is trying to solve some of the Problems faced by the nft that’s Non-fungible token space it’s going to Provide a user-friendly platform for the Mainstream nft experience but Furthermore it helps developers to build Their nfts on flexible smart contracts For users and collectors effinity is Offering an interoperable platform with Negligible gas fees and as affinity Makes nfts accessible for all the
Overall nft adoption is very likely Gonna go up so here’s a sense of what You can expect as far as the crowd loan Rewards effinity has a total supply of 2 Billion efi out of which 10 or 200 Million are allocated for the crowd loan And if you participate in effinity’s Parachain auctions you’re going to get The following rewards a base reward and Your reward for every dot is going to be 1 5 15 efi so positives here we have a Lot of faith in this team which is super Credible it’s a very experienced team And by extension as a positive this Project has the support of engine you’re Also getting b b-dot that’s b-d-o-t by Binance negatives however dot once again Is locked up for two years and Unfortunately you’re not getting any Bonus rewards the best way to Participate as we see it is through Binance shown here and last but not Least we have moonbeam the project that Has received the maximum crowd loan Contribution until now and maybe you Guys are wondering whatever happened to Moon river well as you know there are a Lot of relatives that moon river is Sending over to get a piece of the Parachain action moonbeam is one of them So specifically let me kind of dumb this Down the language is kind of strange if You’re hearing it for the first time but Yes moonbeam is the relative project of
Moon river which is kusama’s second Parachain and moonbeam helps to build Decentralized applications on polka dot So moonbeam dapps can integrate with Bitcoin and ethereum as well and the Native token is glimmer that’s glmr Which has a total supply of 1 billion Here’s what the crowd loan rewards look Like so moonbeam has a total supply as i Mentioned of 1 billion glimmer 10 of Those or 100 million glmr are allocated For the crowd loan and the target of That crowd loan is 100 million dot if You participate in the moonbeam Parachain auctions you’re going to get The following rewards base rewards and With all of the bonuses the reward you Get for every dot will be equivalent to One glimmer Again as always that’s considering 100 Target is met so positives 30 of the Tokens distributed at the beginning of Evm moon river and another positive is The performance in kusama’s auction You’re getting about 22 movr per ksm Which is equivalent to a six thousand Nine hundred and sixteen dollar all-time High not bad negatives well your dot Once again is still locked up for two Years and there aren’t really any extra Rewards to speak of here the best way to Participate in our humble opinion in the Moonbeam crowd loan is through binance Because binance offers a 20.9 apy and a
Share of 2750 mover movr for early adopters you Can also stay liquid with bdot which is An important consideration so tokens Received are going to be one glmr plus One b dot okay here’s an important Summary table and you may want to pause The video this is an important one to Understand or at least study for some Time before you go ahead and make your Decision but this is where everything is Really summed up we’ve quantified things We’ve tried to make this very simple as Far as its presentation but it Represents a comparison of all the Rewards with the consideration with the Assumption that 100 of the target will Be achieved so again we very much like These five projects but which one you May choose to invest in could very well Depend on what kind of reward structure They’re offering so this is where it all Kind of comes together we’ve also in This table indicated our recommendation On where best to participate in the Crowd loan and as a bonus tip you can Always check the live bonus from dot Market cap if you haven’t already that’s A cool website.marketcap.com So there it is guys we hope the polka Dot parrot chain auctions are a huge Success if you’ve watched this video up Until now and you’ve absorbed most of The details hopefully you can make an
Informed decision if you’re still Watching don’t forget to like subscribe To our youtube channel altcoinbuzz and Hit the bell to receive notifications as A friendly reminder none of this is Financial advice but best of luck of Course if you do choose to invest stay Safe members of the altcoin buzz army Check out these other videos which Should be popping up right about now Have a great weekend and as always we do Hope to see you again soon in our next Video take care