Gate.io supports the Polkadot Parachain Slot Auction, we have launched a special HODL & Earn project. Users can simply lock up KSM/DOT to support projects which take part in the auction, and earn on-chain rewards! New users can sign up at Gate.io to participate.

The 14th round of the Kusama (KSM) Slot Auction started on November 8, 2021. According to data provided by Polkadot, as of 8:00 UTC on November 15, 2021, Genshiro ranks at the top with 31,385.9072 KSM pledged. The Gate.io GENS lock-up finance has locked in 254.929509 KSM and the remaining position amounts to 37245.070490 KSM.

The first round of the Polkadot (DOT) Slot Auction started on November 11, 2021. According to data provided by Polkadot, as of 8:00 UTC on November 15, 2021, Acala ranks at the top with 29.7691m DOT pledged. The Gate.io ACA lock-up finance has locked in 7942.035256 DOT and the remaining position amounts to 332557.964743 DOT.


KSM HODL & Earn projects:
KSM Slot: Lock-up KSM ＆ Earn TEER: https://www.gate.io/hodl/759
KSM Slot: Lock-up KSM ＆ Earn GENS: https://www.gate.io/hodl/724
KSM Slot: Lock-up KSM ＆ Earn XRT: https://www.gate.io/hodl/727
KSM Slot: Lock-up KSM ＆ Earn SGB: https://www.gate.io/hodl/729
KSM Slot: Lock-up KSM ＆ Earn SKU: https://www.gate.io/hodl/730
KSM Slot: Lock-up KSM ＆ Earn PKS: https://www.gate.io/hodl/607
KSM Slot: Lock-up KSM ＆ Earn CRU and CSM: https://www.gate.io/hodl/609
KSM Slot: Lock-up KSM ＆ Earn KSX: https://www.gate.io/hodl/599
KSM Slot: Lock-up KSM ＆ Earn CRING: https://www.gate.io/hodl/600
*Rate Subject to on-chain revenue

DOT HODL & Earn projects:
DOT Slot: Lock-up DOT ＆ Earn GOV: https://www.gate.io/hodl/852
DOT Slot: Lock-up DOT ＆ Earn ACA: https://www.gate.io/hodl/853
DOT Slot: Lock-up DOT ＆ Earn ASTR: https://www.gate.io/hodl/854
DOT Slot: Lock-up DOT ＆ Earn EQ: https://www.gate.io/hodl/855
DOT Slot: Lock-up DOT ＆ Earn CFG: https://www.gate.io/hodl/857
DOT Slot: Lock-up DOT ＆ Earn GLMR: https://www.gate.io/hodl/832
DOT Slot: Lock-up DOT ＆ Earn RING: https://www.gate.io/hodl/864
DOT Slot: Lock-up DOT ＆ Earn BNC: https://www.gate.io/hodl/865
DOT Slot: Lock-up DOT ＆ Earn SUBG: https://www.gate.io/hodl/866
DOT Slot: Lock-up DOT ＆ Earn MANTA: https://www.gate.io/hodl/872
*Rate Subject to on-chain revenue


Methods:
App: Click“Gate.io Finance on the Markets page.
Web: Click“Finance”on the top of the homepage.


Procedure
1. Lockup & Earn Participation: Users can deposit or buy KSM/DOT to join and support different projects in the Auction. Project details:

2. Slot Auction: Auction will be conducted on chain, please keep an eye on the result. If the project you support fails in the auction, the funds of KSM/DOT you locked will be returned without interest.
3. Interest Distribution: When the project you support wins an auction, we will distribute interest according to the annual interest rate on-chain. Once the funds on KSM/DOT on-chain are unlocked in advance, we will also release the KSM/DOT to users right away.


Rules
1. Lockup token: KSM、DOT
2. Fees: 0
3. Annual interest rate is subject to the rate on chain
4. When the project you support wins the auction, we will distribute interest according to the annual interest rate on-chain.
5. Once the funds on KSM/DOT on-chain are unlocked in advance, we will also release the KSM/DOT to users right away.
6. If the project you support fails in the auction, the funds of KSM/DOT you locked will be returned with no interest.

*
1. Other supported projects in the auction will be updated later on Gate.io Finance.
2. Gate.io only serves as the platform to provide users with services for participating in the auction, and does not bear any financial losses caused by the project’s team or the security of the chain.

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Gate.io Team

November 15th, 2021