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 19th round of the Kusama (KSM) Slot Auction started on Dec 19th, 2021. As of 8:00 UTC on Dec 24th, 2021, Crust Shadow ranks at the top with 28,946.2905 KSM pledged and Gate.io CRU lock-up finance has locked in 305.809932 KSM.

The 2nd round of Polkadot auctions has started. The 6th round of the Polkadot (DOT) Slot Auction started on Dec 23rd, 2021. As of 8:00 UTC on Dec 24th, 2021, Efinity ranks at the top with 4.6203m DOT pledged and Gate.io EFI lock-up finance has locked in 1500.786851 DOT.

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



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Gate.io Team
December 24th