Second round of Polkadot slot auctions: more DOT unlocked

Published on Jan 15, 20242 min read

All DOT locked up from the second round of the Polkadot slot auctions will be unlocked starting from January 16, 2024. OKX will roll out the unlocking and redemption process in two phases.

Phase One: The OKDOT2/DOT trading pair will be delisted on January 16, 2024, at 08:00 UTC.
Phase Two: All OKDOT2 will be redeemed for locked DOT at a 1:1 ratio between January 16 to 25, 2024.

All redeemed DOT will be distributed to your funding account.

Please note that once the OKDOT2/DOT trading pair is delisted, you won't be able to convert OKDOT2 to DOT until the second round settlements are completed. Additionally, due to the uncertainty of Polkadot on-chain operations, please refer to future announcements to get the exact settlement completion time.

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