Enjin Gradient Hero
Efinity
November 23, 2021

Frequently Asked Questions

Find all Frequently Asked Questions about the Efinity Crowdloan, Polkadot, Parachains and More.

Written by
Tassio Rafael
Pen Icon

General

Note: You can no longer participate in the crowdloan - Efinity has won the 6th parachain auction.

When will the Parachain auctions start?

With 7.7M $DOT contributed by over 20,000 community members, Efinity has won the 6th parachain auction!

Note: You can no longer participate in the crowdloan - Efinity has won the 6th parachain auction.

How long is the Parachain lease?

The Lease duration is 96 weeks and ends on the 20th of October, 2023.

What are the benefits of participating in a Crowdloan campaign?

Efinity tokens (EFI) will be vested linearly over the 2-year period. The top 250 Crowdloan contributors will each receive one special NFT, and 250 more will be randomly distributed to lucky winners.

What happens if Efinity does not get an auction slot?

Efinity has won slot 1 of the 6th batch of parachain auctions!

What happens to the DOT locked up during the duration of the lease?

The DOT is locked from the time it is contributed until the full duration of Efinity's parachain lease (96 weeks) has ended.

Participation

How to participate in the Efinity Crowdloan?

You can participate in the Efinity Crowdloan using the Polkadot{.js} extension via the Efinity Crowdloan page or through Huobi, Kraken, Gate.io, KuCoin and Bifrost. You can also participate through the Polkadot page, Parallel Finance page, and Equilibrium.

Note: You can no longer participate in the crowdloan - Efinity has won the 6th parachain auction.

How long are the DOT tokens I contribute locked/bonded?

The DOT is locked for 96 weeks. After the end of the parachain lease period, the DOT you used to join the Efinity Crowdloan will be unlocked, and in your full control.

Which wallets can I use?

You can use any wallet that supports DOT/EFI and is able to connect to the https://polkadot.js.org/extension/ extension. The Enjin Wallet app supports both Polkadot (DOT) and Efinity (EFI) — you can download the app for Android or iOS.

Note: You can no longer participate in the crowdloan - Efinity has won the 6th parachain auction.

Will my DOT be returned after the Parachain lease ends?

Yes, after 96 weeks, you will get your DOT back.

Is there a minimum contribution amount?

The minimum contribution depends on how you participate. For supporters who contribute directly, the minimum contribution is 5 DOT and 0.1 DOT for the fee.

Note: It's important to make sure that there is at least 1 DOT remaining in the account after contributing to the Efinity crowdloan—Polkadot accounts are automatically deleted on the network when they hold less than 1 DOT.

For supporters who participate via an exchange, please check the requirements of the relevant exchange.

Note: You can no longer participate in the crowdloan - Efinity has won the 6th parachain auction.

Eligibility

Is the Crowdloan available in my country?

The crowdloan is not available to citizens or residents of the United States of America, including any state of the United States of America, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island, and the Northern Mariana Islands (“U.S.”), Canada, People’s Republic of China, Democratic People’s Republic of Korea, Cuba, Belarus, Syria, Iran, Iraq, Democratic Republic of Congo, Sudan, South Sudan, Zimbabwe, Ukraine and People’s Republic of Crimea.

Can I increase my contribution after it's been submitted?

Yes, you can increase your crowdloan DOT contribution for as long as the crowdloan campaign is ongoing.

Looking for Efinity Rewards? Learn more here.
Enjin Gradient Prefooter

Submit a Ticket

Drop us a message and we will get back to you in on time.

Contact SupportEnjin IconHemisphere Icon Pyramyd Icon Pyramid IconTorus Icon
Download the Enjin Wallet
Google Play Logo App Store Logo
Join the movement to decentralize the Metaverse
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.