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Announcements Gate.io KSM Slot Auction (3rd Round) is about to End (Shiden’s Leading)

Gate.io KSM Slot Auction (3rd Round) is about to End (Shiden’s Leading)

2021-07-05 10:15:51 UTC 60152 Read
According to Polkadot data, there is only one day left before the end of Kusama slot auction (3rd round). Up to July 5th 08:00 UTC, token Shiden leads with about 137,020 KSM locked.


Welcome Your Participation:
KSM Slot: Lock-up KSM & Earn SDN: https://www.gate.io/hodl/598


Welcome all users to lock up KSM to support the project and earn rewards from on-chain prize pools of bidding projects!


How to Participate:
App: Click on “Gate.io Finance” at the “Markets” Page
Website: Click on the “Finance” at the top menu bar - “HODL & Earn”


Other KSM Slot Auction Projects

KSM Slot: Lock-up KSM & Earn KPN: https://www.gate.io/hodl/606
KSM Slot: Lock-up KSM & Earn PKS: https://www.gate.io/hodl/607
KSM Slot: Lock-up KSM & Earn KAZE: https://www.gate.io/hodl/608
KSM Slot: Lock-up KSM & Earn CRU and CSM: https://www.gate.io/hodl/609
KSM Slot: Lock-up KSM & Earn K-PHA: https://www.gate.io/hodl/595
KSM Slot: Lock-up KSM & Earn BNC: https://www.gate.io/hodl/597
KSM Slot: Lock-up KSM & Earn SDN: https://www.gate.io/hodl/598
KSM Slot: Lock-up KSM & Earn KSX: https://www.gate.io/hodl/599
KSM Slot: Lock-up KSM & Earn CRING: https://www.gate.io/en/hodl/600
*Interest rates are based on on-chain earnings


Participation Process:
1. Join a Lock-up KSM Project: Users can support specific bidding projects by depositing or purchasing KSM and take part in the lock-up KSM project.
Users can top up or buy KSM and participate in this lock-up, and participate in the corresponding lock-up finance that helps the corresponding auction items.

2. Bid KSM Slot: Slot bidding will be completed on the chain, so please pay attention to the results of the bidding. If the slot auction is unsuccessful, the KSM invested will be automatically returned without interest.

3. Issue Interests:
After a successful auction, we will issue interest to users based on the actual on-chain earnings. Once the chain is unlocked early, we will also unlock the KSM early to participants.


Rules
1. Lock-up Token: KSM
2. Interest Tokens: KPN, PKS, KAZE, CRU and CSM, K-PHA, BNC, SDN, KSX, CRING
3. Handling Fee: 0
4. Annualised returns are based on on-chain earnings
5. Start Time: 2021-06-14 6:00 UTC
6. After the auction, we will issue interest to users based on actual on-chain earnings
7. Once the chain is unlocked in advance, we will also unlock relevant tokens for participants early
8. If the slot auction is unsuccessful, the KSM invested will be returned automatically

*
1. Please be aware that the subsequent slot auctions will be updated on the “Finance” page.
2. Gate.io is only acting as an intermediary to provide users with the service of participating in auctions, and will not be responsible for any financial loss due to project or on-chain security.



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Gate.io Team

July 6th, 2021

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