Gate Join the KSM & DOT Slot Auction with One-Click on Gate

2021-11-15 08:04:24 UTC
45.538 views

Gate
supports the Polkadot Parachain Slot Auction, we have launched a
special HODL & Earn project. Users can simply lock up KSM/DOT to
support projects which take part in the auction, and earn on-chain
rewards! New users can sign up at Gate to participate.



The 14th round of the Kusama (KSM) Slot Auction started on November 8,
2021. According to data provided by Polkadot, as of 8:00 UTC on November 15, 2021, Genshiro ranks at the top with 31,385.9072 KSM pledged. The
Gate GENS lock-up finance has locked in 254.929509 KSM and the
remaining position amounts to 37245.070490 KSM.



The first
round of the Polkadot (DOT) Slot Auction started on November 11, 2021.
According to data provided by Polkadot, as of 8:00 UTC on November 15,
2021, Acala ranks at the top with 29.7691m DOT pledged. The Gate
ACA lock-up finance has locked in 7942.035256 DOT and the remaining
position amounts to 332557.964743 DOT.





KSM HODL & Earn projects:

KSM Slot: Lock-up KSM & Earn TEER: https://www.gate.com/hodl/759

KSM Slot: Lock-up KSM & Earn GENS: https://www.gate.com/hodl/724

KSM Slot: Lock-up KSM & Earn XRT: https://www.gate.com/hodl/727

KSM Slot: Lock-up KSM & Earn SGB: https://www.gate.com/hodl/729

KSM Slot: Lock-up KSM & Earn SKU: https://www.gate.com/hodl/730

KSM Slot: Lock-up KSM & Earn PKS: https://www.gate.com/hodl/607

KSM Slot: Lock-up KSM & Earn CRU and CSM: https://www.gate.com/hodl/609

KSM Slot: Lock-up KSM & Earn KSX: https://www.gate.com/hodl/599

KSM Slot: Lock-up KSM & Earn CRING: https://www.gate.com/hodl/600

Rate Subject to on-chain revenue



DOT HODL & Earn projects:

DOT Slot: Lock-up DOT & Earn GOV: https://www.gate.com/hodl/852

DOT Slot: Lock-up DOT & Earn ACA: https://www.gate.com/hodl/853

DOT Slot: Lock-up DOT & Earn ASTR: https://www.gate.com/hodl/854

DOT Slot: Lock-up DOT & Earn EQ: https://www.gate.com/hodl/855

DOT Slot: Lock-up DOT & Earn CFG: https://www.gate.com/hodl/857

DOT Slot: Lock-up DOT & Earn GLMR: https://www.gate.com/hodl/832

DOT Slot: Lock-up DOT & Earn RING: https://www.gate.com/hodl/864

DOT Slot: Lock-up DOT & Earn BNC: https://www.gate.com/hodl/865

DOT Slot: Lock-up DOT & Earn SUBG: https://www.gate.com/hodl/866

DOT Slot: Lock-up DOT & Earn MANTA: https://www.gate.com/hodl/872

Rate Subject to on-chain revenue





Methods:

App: Click“Gate Finance on the Markets page.

Web: Click“Finance”on the top of the homepage.





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: 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/DOT 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/DOT on-chain are unlocked in advance, we will
    also release the KSM/DOT to users right away.





    Rules

  4. Lockup token: KSM、DOT
  5. Fees: 0
  6. Annual interest rate is subject to the rate on chain
  7. When the project you support wins the auction, we will distribute interest according to the annual interest rate on-chain.
  8. Once the funds on KSM/DOT on-chain are unlocked in advance, we will also release the KSM/DOT to users right away.
  9. If the project you support fails in the auction, the funds of KSM/DOT you locked will be returned with no interest.



    *
  10. Other supported projects in the auction will be updated later on Gate Finance.
  11. Gate 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 Team

    November 15th, 2021