Gate.iosupportsthePolkadotParachainSlotAuction.The43rdroundofthePolkadot(DOT)SlotAuctionwillstartonApr28th.Gate.iohaslaunchedLock-upDOT&EarnVARCH.UserswhowishtoparticipateintheDOTparachainslotauctionshouldlockupinadvance(learnmore).
Joinnow:https://www.gate.io/slot_auction/10037
Pleasenote:Gate.ioonlyservesasanintermediarytoprovideuserswithservicestoparticipateinauctions,anddoesnotbeartheresponsibilityofanycapitallossescausedbyaprojectteamoranyissueswithon-chainsecurity.
Procedure
1.Lockup&EarnParticipation:UserscandepositorbuyKSM/DOTtojoinandsupportdifferentprojectsintheAuction.Projectdetails:
2.SlotAuction:Theauctionwillbeconductedon-chain.Pleasekeepaneyeoutfortheresult.Iftheprojectyousupportisunsuccessfulintheauction,thefundsofKSM/DOTyoulockedwillbereturnedwithoutinterest.
3.InterestDistribution:Whentheprojectyousupportwinsanauctionslot,wewilldistributetheinterestaccordingtotheon-chainannualinterestrate.Oncetheon-chainKSM/DOTfundsareunlocked,userswillreceivetheirKSM/DOTimmediately.
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Gate.ioTeam
April24th,2023
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