Kasuma Parachain Auction4 Jun 2022 10:33
Morning all - Firstly a big caveat what follows is my current understanding, its for info only and please do not take it as gospel.
Pendulum will become a Kasuma parachain as a sister Parachain called Amplitude with a separate token AMPE. This is not at all unusual as it separates the ‘canary’ Kasuma blockchain from the Polkadot mainet Blockchain. The Polkadot Parachain will be Pendulum(PEN)
For example the first Polkadot parachains such as Acala and Moonbean have Kasuma Parachains as Moonriver and Karura.
Remember Kasuma is basically a test blockchain but unlike a traditional testnets users will be able interact on the Amplitude chain with real financial consequences. This set up encourages and opens up all sorts of collaborations and dApps to trial and test on it.
I expect a waitlist and referral set-up for the crowdloan to be announced pretty soon and my understanding is that this could earn up to 10/13 percent bonus AMPE, and potentially more depending on how much KSM are staked by any referrals that you make.
My current understanding is the Amplitude crowdloan will begin on or around 29th June (this could obviously change)
Exciting stuff (for me at least) and now only a few weeks before the journey really starts and everyone takes their positions.
Skol