Getting support on Bifrost SALP

tags: External

If you want to offer your contributor with liquidity crowdloan, please follow the necessary steps below, pass though a democracy and get suppot from Bifrost SALP:

1. Go to Bifrost Democracy

2. Submit preimage

3. Fill in the parameters

​​​​1. Choose one address with $BNC
​​​​2. Find `SALP`(for KUSAMA) or `SALP-lite` (for Polkadot) and choose `create` a new crowdloan fund
​​​​3. Put in your parachain Id
​​​​4. Input your crowdloan cap (unit BNC=KSM)
​​​​5&6. The lease period you want to bid for.
​​​​7. Copy the preimage hash
​​​​8. Submit preimage

4. Submit proposal

​​​​1. Paste the preimage hash you have copied in the previous step.
​​​​2. Deposit at least 100 BNC for this proposal.
​​​​3. Submit proposal

5. Wait for the referenda result

If the referenda passed, your SALP fund will be created, your contribution channel will be available on Bifrost dapp.

The whole process of democracy will estimately take 9 days.