Acala Network Wins Polkadot's Parachain Slot as Auction Shifts to
Acala Network Wins Polkadot's Parachain Slot as Auction Shifts to
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— To occupy a parachain slot, projects need to win an auction by bidding the highest amount of DOT — Crowdloans see this DOT sourced from the
As the Polkadot community celebrates two weeks since the launch of parachain slot auctions on Kusama, several crowdloan projects have raised upwards of $200 Polkadot Slot Auction is a parachain auction It adopts a modified version of the candle auction mechanism to distribute the available
slot jdb ka Parachains can connect to Polkadot by leasing a parachain slot on the Relay Chain This slot can be leased for up to 96 weeks at a time, A crowdloan allows a team to crowdsource $DOT tokens for Polkadot slots, or $KSM tokens, for Kusama slots to bootstrap its parachain auction To