Our highest priority is to become one of the first Polkadot Parachains. And we are still discussing how to win the Parachain auction here.
I think many people are thinking about linear distribution like this (A).
*The number is not precise
We also have this type of distribution. (B)
Let’s compare (A) with (B).
- You can get 50,000 PLMs when you lock 1,000 DOTs and 100,000 PLMs when you lock 2,000 DOTs.
- You can get 40,000 PLM when you lock the same amount. On the other hand, you can get 150,000 PLMs when you lock 2,000 DOTs.
Case (B) is quadratic. And the more DOTs you lock, the higher bonus rate you can get. As a result, we can incentivize DOT holders to lock more tokens than expected.
We would like to find the best way to do the DOT Lockdrop.