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Gate.io Join the KSM & DOT Slot Auction with One-Click on Gate.io（The 4th round of the DOT Slot Auction started）
Gate.io Join the KSM & DOT Slot Auction with One-Click on Gate.io（The 4th round of the DOT Slot Auction started）
2021-12-03 07:45:42 UTC
42040 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 16th round of the Kusama (KSM) Slot Auction started on Nov 27th, 2021. As of 9:00 UTC on Dec 3rd, 2021, Subsocial(has FINISHED) ranks at the top with 100,420.6061 KSM pledged and Gate.io SUB lock-up finance has locked in 792.414364 KSM.
The 4th round of the Polkadot (DOT) Slot Auction started on Dec 2nd, 2021. As of 9:00 UTC on Dec 3rd, 2021, Clover ranks at the top with 3.8268m DOT pledged and Gate.io CLV lock-up finance has locked in 1254.512282 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.
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 | Your Gateway to the Blockchain Universe
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/gateio_copytrading_global
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs
Gate.io Team
December 3rd
The 16th round of the Kusama (KSM) Slot Auction started on Nov 27th, 2021. As of 9:00 UTC on Dec 3rd, 2021, Subsocial(has FINISHED) ranks at the top with 100,420.6061 KSM pledged and Gate.io SUB lock-up finance has locked in 792.414364 KSM.
The 4th round of the Polkadot (DOT) Slot Auction started on Dec 2nd, 2021. As of 9:00 UTC on Dec 3rd, 2021, Clover ranks at the top with 3.8268m DOT pledged and Gate.io CLV lock-up finance has locked in 1254.512282 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.
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 | Your Gateway to the Blockchain Universe
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/gateio_copytrading_global
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs
Gate.io Team
December 3rd
