Announcing Altair: Centrifuge’s Kusama Parachain - Kingsman Ventures

Announcing Altair: Centrifuge’s Kusama Parachain

Altair

Take Your Assets Interstellar 💫 with Altair.

Altair combines the industry-leading infrastructure built by Centrifuge to finance real-world assets (RWA) on Centrifuge Chain, with the newest experimental features — before they go live on Centrifuge Chain.

Altair plans to be one of the first parachains live on Kusama. To show interest in participating in our crowdloan 👉 sign up here! 👈

Altair + Kusama = Rapid Progress 🚀

Kusama is an experimental development environment for teams who want to move fast and innovate, and to prepare for deployment on Polkadot. Kusama provides much faster and daring parameters — which will allow for rapid progress and growth on Altair.

The AIR Token 🦅

The AIR token is the native token of Altair. With basic functionality delegated to Kusama, the AIR token has no limits — it can become more than a traditional network token.

  • Pay for transaction fees
  • Secure the chain
  • Reward adoption

Token Distribution

At genesis, the Altair network will take a snapshot of the balances on Centrifuge chain to distribute AIR tokens to CFG token holders, 1 AIR : 1 CFG. The token supply will be 425 million at launch.

*Sections in yellow are undistributed and are subject to change

The Altair Crowdloan

Altair will bid on one of the first parachain slots on Kusama. In order to secure enough KSM — Altair will host a crowdloan for KSM holders. All participants that lock KSM for Altair’s parachain slot in the crowd loan will receive AIR as a reward.

AIR Rewards

For participating in the crowdloan, Altair will reward participants 50+ AIR : 1 KSM locked. The exact amount of AIR distributed to each KSM locked will depend on the price of the parachain slot and participation in the crowdloan.

Ready to take Flight

If you are interested in participating in the Altair crowdloan 👉 make sure to sign up and subscribe to our newsletter!

No Limits.

Centrifuge

The untapped multi-trillion dollar market of real-world assets (RWA) is now entering Decentralized Finance (DeFi) through Centrifuge: the first protocol to connect DeFi to the real-world. Businesses are using Centrifuge today to access the liquidity that DeFi offers, while investors finance assets for an attractive, stable yield.

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