SherpaX Waitlist Event Results

This event attracted a total of 19,335 participants from 139 countries, completing a total of 140,122 effective tasks for a grand total of 2,502,605 Entries.

There are a lot of people with more than 1601 entries, so those who came in first made it on the top 100 list. The 100 lucky winners were randomly drawn on the chain. Two of these already won in the top 100, so instead, we rolled the dice again for two other users instead. For details, please see this list: https://docs.google.com/spreadsheets/d/1dkzjVJdjKsokIfoyFXlmn3UOsKgkTRxHWUkMK-uV9eg/edit?usp=sharing

About the rewards

KSX rewards: KSX can only be generated and transferred after SherpaX successfully bids on the parachain and goes online on the parachain, therefore, KSX rewards will be issued uniformly after the SherpaX parachain is online;

Crowdloan Bonus: When winning users participate in Kusama Parachain auctions, they lock KSM to support SherpaX with their registered KSM addresses. After successful bidding, they will automatically receive corresponding Bonus rewards.

In the survey of the SherpaX auction cycle in this event, 35% of the participants supported the 6-month and 24-month bidding period, 20% supported 12 months, and only 10% supported 18 months. Considering the long-term development perspective of the project, we decided to choose a 2-year lease term.

About ChainX

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ChainX is the largest Layer-2 network of Bitcoin, based on Substrate, and will evolve into the Polkadot Secondary Relay Chain.

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ChainX

ChainX is the largest Layer-2 network of Bitcoin, based on Substrate, and will evolve into the Polkadot Secondary Relay Chain.