With $ billion staked, Acala wins the first Polkadot parachain

website polkadot slot auction Polkadot has limited parachain slots, so projects must lease a slot through candle auctions to become a parachain Winning a slot allows a schackenborg slot solgt Parachain auctions are held on the Polkadot or Kusama

polkadot slot auction The opening period lasts for 1 day and 18 hours and starts as soon as the auction starts During that period parachain candidates place their  At the end of this period, the slot will go back for auction, and the team bids for a slot again These slots are fungible, and teams can  Wood placed a focus on making the system more “agile” and “the slot auction model is most certainly not agile,” he said, because it “creates

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