Member Info for ragnarr

Thats the key Duke - Kasuma mainnet launch is probably 6-8 weeks (my guess) and I think will tie in with spacewalk lauch as well so the cross bridge network is fully functional, but they could launch a limited functionality version before that and add.
But in the meantime I believe we will get sone development news on Dtransfer as I would think they will want that functionality ready from the get go, and that is RNS worthy as its a revenue generating business, whereas the Kasuma slot (albeit extremely important milestone) is all about testing and proving the chain (at this point).
All just my view.

Anyone invested here for exposure to Satoshipay/Dtransfer/Pendulum might want to listen to what Tim Draper gas to say about the future of finance
https://www.youtube.com/watch?v=ibMh9t9i5bA

https://pendulum-chain.medium.com/amplitude-wins-kusama-parachain-slot-80e07781ddbd

I think it is quite important to take into account the current market conditions and to have raised the percentage level of KSM against the hard cap - over 80 % - in the climate is quite impressive, and a huge endorsement. Of the 42 auctions held so far only 7 or 8 gave done better, and they were from the first few batches when crypto and DeFi were at the highs.

no worries - respect :-)

Crypto - the more i learn the less i seem to know - always learning and happy to listen and be corrected.

Cryptobot - but thats no different in TradFi. pretty well every piece of financial legislation is flawed per se and financial institutions have had to deal with that since inception. DeFi will be no different. The important thing is that official regulation is one of the keys to mass adoption of digital assets.

Agreed there will almost certainly be some issues with it and some adjustments along the way. The authorities dont want to kill crypto, they have realised it is the inevitable future so they now need to gain some control and inevitably gain financially from it. IMO

Dark - Just bad wording it cant ‘loose’ the contract. In technical terms Pendulum is really just the name given to the smart contract blockchain network that has been developed by Satoshipay. Same goes for Amplitude.

Duke - agreed and I like this from the RNS
The fast progress of Pendulum and the Polkadot ecosystem may accelerate the mission at SatoshiPay to offer instant cross-border payments on blockchain sooner than expected with further news expected in the near future

Duke - from what i can gather the Pendulum boys cant believe how well its gone - top stake so far 4000KSM - thats about 200,000 usd.

Dark - in simple terms the amount of KSM staked in a parachain auction is a direct community view on how important the project is and how good the investment is deemed to be. The whole point of Polkadot/Kasuma auctions is that only the best offerings make the cut.

From memory I dont think any Parachain winner has achieved more than about 30000 (approx) this year - Amplitude is on over 17000 already.

edit - last five auction winners

Shifty - absolutely brilliant start - to put it into context the five auction winners
Bajun network 1.6M
listen 1.1m
Kabotcha 625k
Tanganika 265k
Imbue 175k

Amplitude is on in 850k ….on day one !

Full Amplitude (AMPE) Tokenomics released (finally)
https://medium.com/pendulum-chain/amplitude-ampe-tokenomics-2063d3bafde0

Full Amplitude tokenomics details set to be released later today.

Whilst we wait this report may be of interest
State of Crypto
https://a16zcrypto.com/wp-content/uploads/2022/05/state-of-crypto-2022_a16z-crypto.pdf

Related news
ALTCOINSPolkadot: Can DOT dare to dream of bull run amid growing investor interest?
https://ambcrypto.com/polkadot-can-dot-dare-to-dream-of-bull-run-amid-growing-investor-interest-in-the-blockchain/

For those that may be paricipating, Bifrost is offering to contribute to the Amplitude crowdloan via their SALP system. Contributors will have their liquidity unlocked this way, without having to wait a year to gain it back.

SALP info
https://medium.com/bifrost-finance/bifrost-launch-salp-2-0-unlocking-unlimited-liquidity-for-slot-derivatives-6f86a0cfe4b3

Looks like tokenomics are out
https://parachains.info/auctions/kusama-42-47

1 KSM : 600+ AMPE

25% released upon TGE (token generation event), 75% released linearly over 48 weeks
up to 20% Early bird bonus
up to 10% Waitlist bonus
10% referral bonus (5% for referrals / 5% for referrers)

Crypto - great link :-)