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Topic: HydraDX/Basilisk (Polkadot/Kusama ecosystems) (Read 100 times)

legendary
Activity: 1932
Merit: 4602
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Today there was news inside the HydraDX / Basilisk project, the team distributed bonus BSX tokens, which were put for participation in LBP HydraDX^
The distribution ratio of BSX to HDX is 10.98:1

https://github.com/galacticcouncil/Basilisk-crowdloan-ui/blob/e471774fc94c31bcff4a2a556aa4749f35187a56/scripts/airdropBsxToHdx/data/airdropData.json
https://t.me/HydraDXAnnouncements/180
And here you can check:
https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc-01.basilisk.hydradx.io#/accounts
legendary
Activity: 1932
Merit: 4602
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https://twitter.com/PolkaWarriors_/status/1448168619456614401
"1/At the moment we see there is a huge activity as their LBP pools for bootstrapping are going to be released soon.
Check the infographic and unleash the SNEK "

"2/ Basilisk will release 2 pools for LBP one is KUSD/BSX the other is KSM/BSX. This long awaited event is the one which will settle the floor price for $BSX. This event will be held for 5 days. After this LBP pools will gradually evolve into XYK Pools when liquidity is sufficient"
________________________________________________
X3
https://twitter.com/hydra_dx/status/1468273787774939143
"*The 3Xing*

The tribe has spoken: when HydraDX becomes a Polkadot parachain, all HDX wallet balances will be multiplied by 3.

Except for the allo for the team & investors and treasury, which remains unchanged.

Nothing special, just tribal democracy taking over."
__________________________________________________
HydraDX Crowdloan Update
https://hydradx.substack.com/p/hydradx-crowdloan-update
"Given the current state of the parachain auctions, and driven by our honest ambition to not overpay for the slot, we have decided that it is best to update the target of our crowdloan to parachain slot #9 (previous target was #8).

This means that the rewards for crowdloan contributions will start decreasing linearly once HydraDX secures a 15% lead for slot #9 (auctioned in the period Feb 3-10). The rewards will be at their lowest point (10% of the usual rewards) for contributions made after we are leading by 25% or more.

At the time of publishing, HydraDX is leading the race for slot #9 by 16%. This means that the rewards for crowdloan contributions are already declining (currently at 93%)."
______________________________________________

HydraDX Omnipool
Two-token design explained / Rebranding LHDX to Lerna (LRNA)
https://hydradx.substack.com/p/hydradx-omnipool-part-2
"The announcement of the second token, which we provisionally called Liquid HDX (LHDX) for the lack of better naming at the time, led to some confusion in the community. The confusion was rooted in a misunderstanding about the relationship between the pool token and the main protocol token HDX."
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
September 23, 2021, 09:10:10 AM
#1
Kusama ecosystem
Basilisk         Wins Auction for Parachain in the Kusama Ecosystem


https://bsx.fi/
https://twitter.com/bsx_finance
https://t.me/bsx_fi
https://discord.gg/S8YZj5aXR6


Token Allocation
https://dotmarketcap.com/coin/basilisk

"Basilisk is not just a canary network or fork of HydraDX. It's a complementary sister chain where new projects can use Basilisk's own implementation of Balancer Liquidity Bootstrapping Pool to bootstrap liquidity for their tokens."

Introduction to Basilisk
https://docs.bsx.fi/
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