DOT&KSM slot auction

Vote for Polkadot and Kusama projects to get rewards.Learn more

Dot & KSM slot auction
Polkadot
Kusama
My votes
Vote early to get more rewards
We open DOT slot auction channel to support Polkadot development and community. You can vote without any fees, and get rewards from both OKX and voted projects. To double rewards, vote as an early bird from 09:00 Nov 3 to 16:00 Nov 11 UTC. During official voting, OKX will vote on your behalf.
All
Project
Slot number
Votes
Lock-up period
Rewards
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Moonbeam
GLMR
2004
149,957.88 DOT
672 Days
150,000,000 GLMR
Success
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Acala
ACA
2000
87,196.85 DOT
672 Days
170,000,000 ACA
Success
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Astar Network
ASTR
2006
71,517.34 DOT
672 Days
1,400,000,000 ASTR
Success
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Centrifuge
CFG
2031
62,014.73 DOT
672 Days
67,500,000 CFG
Success
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Efinity
EFI
2021
44,016.74 DOT
672 Days
200,000,000 EFI
Success
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Clover Finance
CLV
2002
28,942.58 DOT
672 Days
200,000,000 CLV
Success
How it works
Early bird voting
Vote early to split 100,000 USDT in DOT from OKX and get extra rewards from the project team
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Official voting
Vote on OKX for your favorite projects to help them win slots
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Rewards distribution
When your project wins its slot, we’ll send you all the rewards for your voting
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Liquidity sharing
You’ll get OKDOT as a proof of your staked DOT at 1:1 ratio, and you’ll be able to convert OKDOT to get rewards without losing liquidity
Frequently Asked Questions
  • What is slot auction?
    Polkadot is composed of a relay chain and many parachains. A slot will be required for the connection between the relay chain and a parachain. With this connection, a parachain can share security with the Polkadot main chain and interact with other parachains. However, there will be a finite number of parachain slots. To ensure fairness in allocating parachain slots, we decided to use auctions. Anyone can participate. This process is called \"slot auction\".
  • How do I participate in slot auction through OKX?
    OKX provides users with access to participate in the slot auction. Users vote for the project at OKX, then OKX votes on the chain on behalf of users. If the project gains a slot, OKX will receive the rewards and distribute them to users. If the project does not gain any slot at auction, OKX will retrieve assets from the chain for users.
  • What is Polkdot?
    Polkadot is the third-generation permissionless blockchain launched by the core developer of Ethereum, Dr. Gavin Wood. The core concept of this design is instant scalability and extensibility. It aims to connect the current independent blockchains to achieve communication and data transfer across different blockchains.
  • What is Kusama?
    As the testnet of Polkadot mainnet, Kusama has entire functions of the Polkadot mainnet and acts as a temporary preparation ground for deployment on Polkadot. Risky functions will run on the Kusama network first. Correspondingly, possible problems will be eliminated in advance to ensure a smooth launch on the mainnet. Therefore, the slot auction will also be launched on the Kusama network first, and the auction rules will be consistent with those of the Polkadot mainnet.
  • Note
    OKX will try its best to ensure the smooth progress of voting. OKX only assists users to vote on the chain, but does not guarantee that the bid will be successful. OKX is not responsible for any assets loss caused by potential risks such as suspension/termination of business, bankruptcy, abnormal suspension or cessation of transactions by any third-party platform or project team. Please read the project introduction and voting rules carefully in advance.
  • When will I get rewards if the project wins?
    Projects distribute rewards in batches according to their own rules. We’ll collect the rewards and automatically send them to your funding account once each batch is ready.
  • Why didn’t I receive rewards when the project won?
    We vote on your behalf every 2 hours after the auction starts. But these are the candle auctions that have random ending times. For each auction, the ending time is different as it’s determined retroactively to make voting fairer. We can’t guarantee that your vote will go through because we don’t know when the auction ends. You’ll get voting assets back to your funding account without any rewards if your vote doesn’t go through.
  • What’s OKDOT and how do I use it?
    OKDOT is a voting proof issued by OKX that represents your staked DOT at a 1:1 ratio. After the auction ends, you’ll be able to convert DOT to OKDOT and then trade it on OKX. You’ll get voting rewards based on your initial voting assets, so any extra OKDOT purchased on OKX won’t give you extra rewards. When the slot lease period ends, you’ll need to convert OKDOT back to DOT at a 1:1 ratio.
  • What are the risks?
    We’ll do our best to ensure smooth voting. OKX helps with on-chain voting, but can’t guarantee that your votes will go through. OKX isn’t responsible for any asset losses caused by potential risks, including possible contract vulnerabilities, hacking incidents, business termination, bankruptcy and abnormal trading suspension or termination of third-party platforms or project teams. Always do your own research of the projects before voting.