PARACHAIN AUCTIONS - EXPLAINED SIMPLY

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For any project to participate in the Polkadot or Kusama ecosystem as a parachain, they must lease a parachain slot via an auction process

Chains that wish to lease a slot and connect to the Relay Chain need to lock DOT for the entire duration of the lease Each parachain slot lease What is a parachain? A rundown of previous parachain slot auctions The launch of the first parachain slots on Kusama is a significant

enchanted prince slot recension Major Signals Gavin Wood has disclosed the schedule for auctioning Kusama parachains; Each slot requires ownership of about 10 million Winning a parachain slot on Kusama or Polkadot once it's fully deployed, is an expensive business Each auction will last a week, and in the