Unique Network Wins a Parachain Slot

A crowdloan is a way for new projects on Polkadot and Kusama to get the support they need to connect to the Kusama or Polkadot network as a parachain.

Crowdloan contributions (DOT tokens for Polkadot project crowdloans) are bonded or locked into a Polkadot sponsored account for a designated period of time (a “lock period”).

While bonded, the contributed DOT tokens can be used to cover the cost of parachain lease (the amount needed to secure a parachain slot on the Polkadot network), but are never directly accessible by the project. If the project is unable to win an auction, the funds are returned to their owner and unlocked.

While both Unique and Quartz were built on Substrate, a modular platform for building blockchain, they differ in that Quartz is specifically built for the Kusama community. While Kusama utilises nearly all of the same code as Polkadot, it’s built more specifically for experimental projects that are looking to test and perfect scalability and interoperability. Quartz is the ideal place to jumpstart your plans for building your own NFT ecosystem/marketplace.

No. The receiving address used for the rewards will be the same as the address submitted for the crowdloan. Remember to explicitly declare your crowdloan address as a multi-chain address in the polkadot{.js} wallet

You will need to buy DOT from an exchange and transfer it to your polkadot.js wallet before you can participate in the crowdloan. In case you already have DOT bonded or staked, you will first need to unbond and allow a cooling period of 28 days before you can participate in Unique Network crowdloan.

To unbond the amount, click the three dots next to the account you want to unbond tokens for, and select "Unbond funds".

Select the amount you wish to unbond and click Unbond, then confirm the transaction. If successful, your balance will show as "unbonding" with an indicator of how many more blocks remain until the amount is fully unlocked.

This duration varies depending on the network you're on and will typically be four times as fast on Kusama as it is on Polkadot. The unbonding period is 28 days on Polkadot, and 7 on Kusama.

Once this process is complete, you will have to issue another, final transaction: Withdraw Unbonded, which will be available in the same pop-up. You can also check how long you have to wait in order to withdraw your stake in the Accounts page by expanding your account balance. There is a tiny icon beside the word "unbonding" that will eventually become an unlock icon once the remaining blocks get passed.

Then, you can click that icon directly to submit the withdraw transaction. Finally, your transferrable balance will increase by the amount of tokens you've just fully unbonded.

Unique Network Website (recommended)

• Polkadot.js
• Bifrost SALP on UNique Network Website
• Bifrost SALP App

Unique Network crowdloan will start on 14th march 2022.

What are the applicable bonuses and rewards

Read all about Unique Network’s crowdloan bonuses and rewards here:

https://unique.network/blog/unique-network-crowdloan-rewards-and-bonuses-explained/

You will be eligible for Whitelisting, MintFest and SSP.

Minimum DOT requirement to participate in crowdloan is 5 DOT. But you should have 6.1 DOT in your wallet so your wallet is not reaped. See the note on existential deposit here - https://support.polkadot.network/support/solutions/articles/65000168651-what-is-the-existential-deposit-). Do not worry if your wallet is reaped, you’ll still receive your crowdloan rewards.

You can participate in Mintfest until the end of the Crowdloan regardless of your contribution date.

Login in to your tokensoft account and check the DOT receiving address.

No. Your whitelisted wallet address can only receive 5% extra rewards for being whitelisted. However you can stack Whitelist, MintFest and Referral Rewards.Super Supporters can participate in MintFest, share/use referral links, or use white-listed addresses, but there will be no additional reward beyond their SSP bonus.

No, there is no referral limit. Referral rewards will be calculated according to the contribution of the person you’ve referred to.

Yes. UniqueMinter is on Quartz blockchain. You will need at least 5 QTZ to create a collection and mint NFT.

QTZ token is available on MEXC exchange, you can withdraw QTZ tokens to your Polkadot.js/Substrate/Quartz wallet.

You can stack Whitelist, MintFest and Referral Rewards.Super Supporters can participate in MintFest, share/use referral links, or use white-listed addresses, but there will be no additional reward beyond their SSP bonus.

Everytime someone contributes to DOT using your referral link both referrer and referee receive 5% extra rewards.

For example, if your friend contributes 10 DOT tokens using your referral link you and your friend receive 5% extra rewards on that contribution. The more people you refer, the more rewards you can receive.

Yes, 20 months linear vesting.

96 Weeks.

Mintfest is a series of events that we plan to do.

To participate you’ll need to mint your NFTs on UniqueMinter.

https://minter-quartz.unique.network

By doing so you’ll receive 5% more rewards in crowdloan. In addition to the 5% bonus rewards, we have a special judges panel as well which will decide the best NFTs minted in the MIntFest. The winning NFTs will be listed on Unique Network marketplace and the creators will have an option to sell it. Please note that to be eligible to for this you need to contribute to the Unique Network crowdloan.

Unqnft.io

It’s very easy to mint NFT on UniqueMinter. But if you need help our CTO Greg had a workshop at Ethdenver that will help you.

https://www.youtube.com/watch?v=LDLc3LPAHhE&t=1404s

Here are all the details of the MIntFest you need to know: https://unique.network/blog/get-ready-for-mintfest/

Unfortunately no. Take care not to submit your Ledger hardware wallet address as the address for the crowdloan since you can do this without triggering a warning. The Ledger wallet is capable of providing a multi-chain address but it cannot cryptographically sign transactions on the Unique chain yet. Since the rewards will be issued on the same multi-address as the one you submitted for the crowdloan, you will not be able to access your reward.

MintFest, Whitelist & Super supporter program rewards are available. Parallel Finance Referral Link can be used in addition.

Participation in Unique Network's Crowdloan through Bifrost SALP will give you the below rewards.

UNQ tokens as per calculator.

From Bifrost

• 0.2 BNC / DOT for extra bonus (for participation via Unique Network;s website)
• vsDOT+vsBond-Unique to unlock your 96 weeks bonding liquidity
• vsDOT+vsBond-Unique Mining Pool once Unique wins the auction.

For more information please visit https://t.me/bifrost_faq

You’ll receive vsDot right away but you’ll be able to trade that later when it launches.

For more information please visit https://t.me/bifrost_finance

Follow these steps,

1. Go to Bifrost.app
2. Connect same wallet
3. Go to vCrowdloan
4. Check my contributions

For more information please visit https://t.me/bifrost_finance

Within 3 months after the expiry of the parachain lease period, KSM/DOT can be redeemed 1:1 by using both vsKSM/vsDOT + vsBond-parachain in the Bifrost DApp.

For more information please visit https://t.me/bifrost_faq

Yes, you can get 0.04 BNC/DOT.

0.02 BNC + (0.02 Referrer /0.02 Referree)

You can receive higher rewards by contributing through our website https://unique.network/token/crowdloan