Moonsama won auction #7 in April 2023 to claim Parachain Slot 3334 on Polkadot. This will allow Moonsama to launch its parachain called Moonsama Network and join Polkadot's thriving ecosystem.
- Leasing Period: May 8, 2023 - March 12, 2025
- Crowdloan ID: 3334-64
- Funds Raised: 133,995 DOT ($687,396)
- Leading Blocks: 100%
- Reward: 1 DOT : 111.9 SAMA
- Crowdloan Cap: 500,000 DOT
- Reward Pool: 15m of 1b (1.5%)
- 20% of SAMA unlocked on launch day
- 80% vests linearly over 96 weeks
Winning a parachain slot on Polkadot is a major milestone for Moonsama. Benefits of launching the Moonsama Network as a Polkadot parachain include:
- Shared Security - Relies on the entire Polkadot relay chain for security, avoiding risks of standalone chains.
- Seamless Interoperability - Can seamlessly connect and exchange data with other parachains via Cross-Chain Message Passing (XCMP).
- On-Chain Governance - Polkadot's sophisticated governance system allows network upgrades through stakeholder voting.
- Cross-Chain Transfers - Assets can be transferred to and from external chains via Cross-Chain Message Passing (XCM).
- Easier Bridges - Building bridges to external chains like Ethereum is simplified.
- EVM Compatibility - Frontier EVM pallet provides an EVM execution environment, enabling easy migration from Exosama Network.
The Moonsama Network parachain will become the primary network for all Moonsama products and services. It provides a more decentralized, secure, and connected environment compared to the standalone Exosama Network.
The Exosama Network will continue operating as a community-run test network for developers building on Moonsama. Teams can deploy and experiment with new features in a lower risk environment before upgrading to the Moonsama Network parachain.
For further details please see the information links below: