Today news
About the same in other media
21.12 - 08:21
Parallel Finance wins fourth round of Polkadot parachain slot auctions
Reading now: 976
ambcrypto.comWhile you might be used to the adrenaline rush of a real life auction – or one in a movie – crypto auctions come with their own share of drama. Polkadot’s ongoing parachain slot auction is one example of this.
Parallel Finance announced that it had won the fourth parachain slot auction, with contributions totaling about 10.75 million $DOT [around $285.10 million at press time] with more than 30,000 supporters. Other winners so far are Moonbeam, Acala, and Astar.
Source: Polkadot.js.org
So why is this a big deal? Well, Parallel Finance [PARA] is a DeFi protocol that aims to bring decentralized financial services to one billion people. A lot of hopes are riding on the protocol, as Parallel Finance noted,
“5) For Parallel’s crowdloan, Nearly 80%
Read more on ambcrypto.comAbout this in other media
These factors can bring stability for Yearn.Finance, going forward ambcrypto.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
