Gate’s 5th Round of KSM Slot Auctions are Ending Tomorrow. Bifrost Could be the Potential Winner of The 5th Round!

According to data provided by Polkadot, the 5th round of Kusama (KSM) Slot Auction will end on July 20th at 8:30 UTC. As of 2:00 UTC today, Bifrost is in the lead with 133,258 KSM pledged. Additionally, Gate Bifrost HODL&Earn has locked in 37.70 KSM.



All users are welcome to lock up KSM to help support projects and earn on-chain prize pools for bidding projects!





All users are welcome to participate in the following KSM Slot Auction.

Lock-in KSM to earn BNC: https://www.gate.com/hodl/597



Here are other ongoing KSM Slot Auctions you can participate in:



Lock-in KSM to earn KPN: https://www.gate.com/hodl/606

Lock-in KSM to earn PKS: https://www.gate.com/hodl/607

Lock-in KSM to earn KAZE: https://www.gate.com/hodl/608

Lock-in KSM to earn CRU&CSM: https://www.gate.com/hodl/609

Lock-in KSM to earn KSX: https://www.gate.com/hodl/599

Lock-in KSM to earn CRING: https://www.gate.com/hodl/600

*Interest rates are based on on-chain earnings





How to Participate:

1.Users can deposit or purchase KSM to enter a lock-in period. By entering a lock-in period, a user is directly boosting and supporting the corresponding bidding project. The following table includes this round of booster projects and their chain prize pool.

2.The slot auctions will be completed on the chain, therefore please pay attention to the auction results. If the auction for the slot is unsuccessful, the invested KSM will be returned automatically without interest.

3. After a successful auction, Gate will distribute interests to the user based on the actual on-chain revenue. If the chain is unlocked in advance, Gate will also unlock the KSM to the participating users accordingly.


Participation Rules:
1. Locked coins: KSM
2. Interest tokens: BNC, KPN, CRING, PKS, KAZE, KSX, CRU and CSM
3. Handling fee: 0
4. Annualized interest rate is based on on-chain earnings
5. Start date: Please refer to specific token trading rules
6. Once the auction ends: Gate will issue interest for users based on the actual on-chain earnings.
7. If the chain is unlocked in advance, Gate will also unlock the KSM to the participating users accordingly.
8. If a particular slot auction is unsuccessful, the invested KSM will be automatically returned.

*
1. Please be aware that the subsequent slots will be updated on Gate Official Website.
2. Gate only acts as an intermediary to provide users with the service of participating in auctions and does not bear any financial losses caused by project parties or on-chain security.

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July 19, 2021