Top 3 Polkadot Parachain Auction Projects

dot slot auction   Dan dot slot

To nab a parachain, projects need to lock up a sometimes significant amount of DOT, which is loaned by token holders to lease their slot for two

Any chain that wishes to lease a slot and connect to the Relay Chain must lock DOT tokens for the duration of the lease Acquiring a parachain slot by staking DOT tokens Slots are offered in an auction process Projects that stake the highest amount of DOT tokens win the

slot machine gambling Polkadot parachain slots are leased, for a limited period, via slot auctions Projects bid for auction slots with collateral in the form of DOT tokens  slot auction is important for many projects What is a Parachain During the auction, Polkadot holders can choose to bond