How many NODL tokens will I get for each DOT token that I contribute?
You will get a minimum of 20 NODLs per DOT.
850M NODL tokens will be distributed to the crowdloan participants, and the individual NODL reward amount will depend on the total amount of DOT tokens contributed to the Nodle crowdloan.
What do I need to participate in the crowdloan?
If you do not have DOT, you need to purchase some DOT tokens to participate. If you already have some DOTs, you need to ensure that the DOTs you want to use are on a non-custodial wallet like Polkadot.js, and are neither staked/bonded nor participating in a democracy holds.
You don't need to have a NODL address to participate, as the NODL address used to receive your allocation will be derived from your Polkadot contribution address.
What is the minimum amount to participate?
How long are the DOTs going to be locked in the crowdloan?
If the Nodle crowdloan campaign is successful, your DOT tokens will be bonded during the entire lease period and unlocked when the lease period ends, i.e., 96 weeks later.
If the crowdloan is unsuccessful, your DOT tokens will be unlocked at the end of the campaign.
When will I receive my NODL tokens?
If the Nodle project wins a parachain slot, you will receive your NODL tokens when the Nodle network launches as a parachain and when token transfers are enabled.
When will the Nodle crowdloan be live on Polkadot?
You can already join the waitlist today, and you will receive an email notification when the Nodle crowdloan opens.
What is the relationship between NODL and DOT?
There is no direct relationship between NODL and DOT. Practically, NODL is the native token of the Nodle Chain, and DOT is the native token of the Polkadot chain.
As part of the parachain crowdloan process, DOT holders will receive NODL tokens in exchange for bonding their DOTs during the entire period of the lease.
What wallets can I use to participate? Can I use Ledger?
You will participate in the Nodle crowdloan via this site, along with the Polkadot.js wallet extension. Please note that Ledger wallets, proxy accounts, and multi-signature wallets are not supported, even if they are connected to the Polkadot.js wallet. Doing so may prevent you from claiming your NODL rewards