The 6th round of the Kusama (KSM) Slot Auction started on September 1, 2021. According to data provided by Polkadot, as of 8:00 UTC on September 3, 2021, Calamari ranks at the top with 116,842.5899 KSM pledged. The Gate.io KMA lock-up finance has locked in 87.672095 KSM and the remaining position amounts to 37412.327905 KSM.
Additionally, Genshiro is in second with 9,119.2250 KSM pledged. As of 8:00 UTC on September 3, 2021, Genshiro has locked in 7.014645 KSM and the remaining position amounts to 37492.985355 KSM.
All users are welcome to lock up KSM to help support projects and earn on-chain prize pools for bidding projects! New users sign up at Gate.io to participate.
projects:
KSM Slot: Lock-up KSM ＆ Earn SKU: https://www.gate.io/hodl/730
KSM Slot: Lock-up KSM ＆ Earn SGB: https://www.gate.io/hodl/729
KSM Slot: Lock-up KSM ＆ Earn KMA: https://www.gate.io/hodl/728
KSM Slot: Lock-up KSM ＆ Earn XRT: https://www.gate.io/hodl/727
KSM Slot: Lock-up KSM ＆ Earn KILT: https://www.gate.io/hodl/726(removed)
KSM Slot: Lock-up KSM ＆ Earn PICA: https://www.gate.io/hodl/725
KSM Slot: Lock-up KSM ＆ Earn GENS: https://www.gate.io/hodl/724
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 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
Methods:
App: Click“Gate.io Finance on the Markets page.
Web: Click“Finance”on the top of the homepage.
Procedure
1. KSM Lockup & Earn Participation: Users can deposit or buy KSM to
join and support different projects in the Auction. Project details:
2. KSM 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 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 on-chain are unlocked in advance, we will also
release the KSM to users right away.
Rules
1. Lockup token: KSM
2. Interest token: KPN, PKS, KAZE, CRU and CSM, KSX, CRING, SKU, SGB, KMA, XRT, KILT(removed), PICA, GENS
3. Fees: 0
4. Annual interest rate is subject to the rate on chain
5. When the project you support wins the auction, we will distribute interest according to the annual interest rate on-chain.
6. Once the funds on KSM on-chain are unlocked in advance, we will also release the KSM to users right away.
7. If the project you support fails in the auction, the funds of KSM 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
September 3rd, 2021
