What is Altair? Information about AIR token & how to join Crowdloan Altair on Kusama

• Overview of the Altair . project
• Basic information about the AIR . token
• Instructions to join Crowdloan Altair on Kusama
• summary

Overview of the Altair . project

What is Altair?

Altair is inspired by one of the fastest spinning stars in the galaxy and is currently in the auction stage to be the Parachain on Centrifuge 's Kusama . Project Altair was born with the aim of connecting real-world assets with DeFI. Altair will serve as an environment allowing developers to test and test their products before being launched on Centrifuge Chain.

Altair's role in Centrifuge

Altair's most important role for Centrifuge is to create an environment where Centrifuge can directly verify the viability and quality of its products before launching on the Centrifuge Mainnet.

Altair's partner

Altair's partners include: Karura , Kylin Network, Acala...

Investors of Altair

Investors of Altair

Altair's investors include: Galaxy Digital, BlueYard, IOSG Ventures, Atlantic Labs, AU21 Capital, Fabric Ventures...

Investors of Altair

Basic information about the AIR . token

What is the AIR token used for?

AIR is Altair's native token with the following functions:

• You can use AIR to pay transaction fees and secure the chain through staking
• The AIR token is used as a reward for the network
• In addition, AIR holders have the right to vote, contributing to the project's system administration

Information about the AIR . token

• Token Name : Altair
• Ticker : AIR
• Blockchain : Kusama
• Contract Address : Updating
• Total  Supply : 505,000,000 AIR
• Circulating Supply : 90,000,000 AIR

AIR . token distribution

• Ecosystem Development : 22.3%
• Community Rewards Reserve : 9.8%
• AIR Crowdloan Rewards : 15.8%
• CFG Snapshot : 46.7%
• Network Rewards : 5.2%

AIR . Token Allocation

How to get AIR?

• CFG holders will receive Airdrop after the project conducts Snapshot
• Join Altair's Crowdloan program. Details can be found at centrifuge.io/altair/crowdloan/

Instructions to join Crowdloan Altair on Kusama

Altair . Parachain Auction Information

• Auction information of the project : Altair Round 2 
• Total amount raised : 131,115 KSM (US$45,926,956)
• Contribution : 9,697
• Reward : 1 KSM = 400 AIR
• Pool Bonus : 15.8%
• Referral Bonus : 5%
• Instant Unlock Bonus : 25%
• 48 week release bonus : 75%

Steps to Join Altair's Crowdloan

First, you need to login your assets to Polkadot.js extension, make sure your account has enough fees to pay the transaction (approximately 0.00008 KSM) plus the amount of KSM that you have you want to contribute to Crowdloan Altair.

Step 1 : You go to Crowdloan contributions tab on Polkadot.js.

Step 2 : You select “ contribution ” and enter your desired amount of KSM.

Step 3 : After the screen appears " authorize transaction ", you click on the item " Sign and submit ".

Step 4 : Then a message will appear for you to enter your wallet password and click “ Sign the transaction ” to complete the transaction.

summary

Above is all information about Altair project and AIR token as well as detailed instructions to join Altair's Crowdloan on Kusama. Project Altair is an indispensable piece of Centrifuge in particular and Kusama in general. With a team of many years of experience in Blockchain technology combined with major partners such as Karura, Acala, Altair's ability to win this Parachain auction is very large, you can research carefully before Make investment decisions for yourself.

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