These days, we receive a lot of questions about how to get PLM/SDN tokens on various channels such as Discod, Telegram, and Email. Here is a template to answer these questions.
First of all, PLM and SDN are NOT listed either on centralized exchanges or decentralized exchanges yet. The only way to get PLM/SDN tokens is to participate in Polkadot/Kusama lockdrop as known as Crowdloan during Polkadot/Kusama Parachain Auction. (The date will be announced by Web3 Foundation)
If you join the Kusama lockdrop, you will receive SDN tokens, the native token for Shiden Network. If you join the Polkadot lockdrop, you will receive PLM tokens. The more DOT/KSM you lock, the more PLM/SDN tokens you will receive.
So, to get PLM or SDN tokens, HODL DOT and KSM tokens in your wallet and be prepared for the upcoming auctions.
You will be able to lock your KSM/DOT through our portal and centralized exchanges.
For the lockdrop, is it known for how long our DOT/KSM will be locked up? When we lock up DOT/KSM to get PLM/SDN, are there any other lockup benefits like apy or a dividend, etc?