SKU Airdrop & Parachain Auctions by Clover Finance

Published on: 30.08.2021

Clover Finance released information about Sakura Airdrop and SKU Parachain Auction.

The Clover Finance team will be airdropping $SKU to the following eligible users:

Coinlist Rd. 3 Participants, Users who participated in the previous Sakura crowdloan, and the Pre-crowdloan Campaign participants will receive SKU airdrops by Sept. 8th, 2021.

Note, users who have participated in the other coinlist rounds will also receive the SKU airdrop after they start to receive their CLV tokens.

Clover mobile users from both the iOS and Android apps will receive a SKU airdrop by Sept. 10th, 2021. Please note, to be eligible for this airdrop, a user has to be active on the mobile wallet app for at least 7 days. This airdrop eligibility is still open until Sept. 9th, 2021–8am UTC. After this all users who have been active on the app for at least 7 days or longer since launch date will receive the airdrops on Sept. 10th.

Sakura will be participating in the upcoming Kusama parachain auctions. The crowdloan is officially open and live for Sakura Finance (Parathread 2016).

The current status of the crowdloan can be seen directly on polkadotjs.

Sakura auction details:

There will be at least 150 SKU per KSM for crowdloan contributors, and up to a maximum of 210 SKU per KSM depending on the result of the crowdloan.
There will also be a 5% extra bonus for the first 1,000 participants of the crowdloan if Sakura secures a parachain slot.
Sakura has set their maximum cap raise amount to 100,000 KSM. After this mark has been met, no more KSM bids will be eligible.
There is a minimum bid amount of 0.1 KSM per contribution
Sakura will be bidding for a maximum of 8 lease periods, which means a 48 week parachain slot auction bid.