Announcements Gate.io Join the DOT Slot Auction with One-Click on Gate.io（InvArch has launched）

Gate.io Join the DOT Slot Auction with One-Click on Gate.io（InvArch has launched）

2023-04-24 03:28:33 UTC 17829 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
Gate.io supports the Polkadot Parachain Slot Auction. The 43rd round of the Polkadot (DOT)  Slot Auction will start on Apr 28th. Gate.io has launched Lock-up [ DOT ＆ Earn VARCH](https://www.gate.io/slot_auction/10037 " DOT ＆ Earn VARCH"). Users who wish to participate in the DOT parachain slot auction should lock up in advance( [learn more](https://invarch.medium.com/polkadot-crowdloan-for-the-invarch-network-is-live-7a31f2c9ac13 "learn more")).

Join now: https://www.gate.io/slot_auction/10037
<img src=https://gimg2.gateimg.com/image/article/1682304036varch.jpeg width=60% />
Please note: Gate.io only serves as an intermediary to provide users with services to participate in auctions, and does not bear the responsibility of any capital losses caused by a project team or any issues with on-chain security.

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: The auction will be conducted on-chain. Please keep an eye out for the result. If the project you support is unsuccessful 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 slot, we will distribute the interest according to the on-chain annual interest rate. Once the on-chain KSM/DOT funds are unlocked, users will receive their KSM/DOT immediately.

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Gate.io Team
April 24th, 2023

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Gate.io Join the DOT Slot Auction with One-Click on Gate.io（InvArch has launched）

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