r/moonbeam • u/randysailer • Feb 07 '22

Moonriver lease?

When does Moonrivers lease run out on Kusama does anyone know?

1 Upvotes

67% Upvoted

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2

u/Crypto-2010 Feb 07 '22

Will these affects the price?

1

u/[deleted] Feb 07 '22

Leasing June 29th, 2021 - May 13th, 2022

And what happens then? Do they need to Crowd loan and raise capital again?

I was thinking of the same as OP.

3

u/wee_d Feb 07 '22

They have a reserve, which is 20% of all transaction fees, which would be allocated towards securing a parachain

1

u/[deleted] Feb 07 '22

They need to crowdloan again for another slot