• Notifications Markets & Prices
      View more
    • Language & Exchange Rate Switch
    • Preference Settings
      Rise/fall colour
      Start-End Time of the Change
    Web3 Exchange
    Announcements Gate.io Join the KSM & DOT Slot Auction with One-Click on Gate.io(XOR has launched)

    Gate.io Join the KSM & DOT Slot Auction with One-Click on Gate.io(XOR has launched)

    2022-01-21 10:57:03 UTC 81728 Read
    Gate.io supports the Polkadot Parachain Slot Auction, we had launched the DOT / KSM slot auction page to help users quickly view the Lockup & Earn opportunities at their disposal in terms of the parachain auction. New users can sign up at Gate.io to participate.


    The 8th round of the Polkadot (DOT) Slot Auction started. As of 6:00 UTC on Jan 21st, Centrifuge ranks at the top with 3.5181m DOT pledged and Gate.io CTF lock-up finance has locked in 3237.960981 DOT.

    The 22nd round of the Kusama (KSM) Slot Auction started. Gate.io has launched <KSM Slot Auction: Lock-Up DOT & Earn XOR> .


    View now (web version): https://www.gate.io/slot_auction


    *The App version will be launched at a later date.
    Please note: Gate.io only serves as an intermediary to provide users with services to participate in auctions, and does not bear the responsibility of any capital losses caused by a project team or any issues with on-chain security.


    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: The auction will be conducted on-chain. Please keep an eye out for the result. If the project you support is unsuccessful 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 slot, we will distribute the interest according to the on-chain annual interest rate. Once the on-chain KSM/DOT funds are unlocked, users will receive their KSM/DOT immediately.


    Rules
    1. Lockup token: KSM/DOT
    2. Fees: 0
    3. Annual interest rate is subject to the on-chain rate
    4. When the project you support wins the auction, we will distribute the interest according to the annual on-chain interest rate.
    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 up will be returned with no interest.



    Gate.io is a Cryptocurrency Trading Platform Since 2013
    Top ranking, Trustworthy, Transparent


    Sign up to enter the crypto gateway and get 40% commission from referrals
    Download iOS/Android App right now.

    Reach out to us!
    Twitter: https://twitter.com/gate_io
    Telegram: https://t.me/gate_zh
    Instagram:https://www.instagram.com/gateioglobal
    Medium:https://medium.com/@gateio
    Podcast: https://gateio.buzzsprout.com/?ch=buzzs

    Gate.io Team
    January 21
    Share Posts
    Related Articles
    Gate.io Sesame Finance Launches Daily SharkFin Auto-Subscribe Feature and Staking Aggregator Page... Gate.io to Delist Waultswap (WEX) Gate.io Crazy Friday#73: Earn 4% High APR on Top Cryptos with 3-Days Lockup Period... Gate.io Has Added DBR Perpetual Contract Gate Learn Daily Study Challenge: Study, Quiz, and Compete for a $10,000 Prize Pool!...
    Language and Region
    Exchange Rate

    Select language and region

    Go to Gate.TR?
    Gate.TR is online now.
    You can click and go to Gate.TR or stay at Gate.io.