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Polkadot Parachain Auctions and Crowdloans

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Written by   25
1 month ago

If you are interested in participating to the upcoming Polkadot ParachainAuction and Crowdloan events, here are the important details that you should not miss.

Polkadot Auctions Schedule

Auction  #1: November 11 - November 18, 2021

Auction  #2: November 18 - November 25, 2021

Auction  #3: November 25 - December 2, 2021

Auction  #4: December 2 - December 9, 2021

Auction  #5: December 9 - December 16, 2021

You can pre-register or join the waitlist through the following links:






Parallel Finance:

The links also contain information about the tokenomics and lock-ups of DOT tokens. In return of participating on the crowdloan, you will get the token of the project equivalent to the DOT you lent and you can get all your DOT back at the end of the lock-up period. The maximum lock-up period is 24 months or 2 years.

You do not need to become a DOT whale or bagholder in order to participate on the crowdloan. You can lend as small as 1 DOT or any DOT that you are comfortable to lose. Remember, there is no certainty that each project will succeed and will give you massive returns.

(This is not a financial or investment advice. Kindly do your own research diligently.)

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Avatar for warliezdiaz
Written by   25
1 month ago
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Parachain auctions can lead to good developments for Polkadot. It will be like a pre-sale of projects that want to grab a Parachain slot, but there is more, of course. Moreover, there are only 100 slots. In other words, projects that want to be integrated into the Polkadot network will compete to raise funds from the community.

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