Polkadot Parachain Auctions!! ULTIMATE 101 GUIDE!! (Ep 289)
Coin Bureau
00:00
What Is a Parra Chain Slot Auction?
There are three main types of para chains, with these being para chains, para threads and common good para chains. Regular power chains are acquired by the pawra chain slot auction process. This system is very similar to that of a traditional auction. Can bid for their slot using either their own dot or k s m, or they can leverage a crowd loan system called a parra chain loan offering (p l o)
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