Polkadot Projects That Are HOT! My TOP 3!! (Ep 110)
Coin Bureau
00:00
Polko Dot - A Unique Crown Funding Mechanism
Polko dot has developed a unique crown funding mechanism called a power chain loan offering. This is where dot holders can loan their coins to their favorite polgadot projects during the two week para chain slot auction they are participating in. In exchange, the project can give its supporters its native tokens or other crypto currencies like stable coins,. The fine print on p los is that any dot loaned to polkadot projects that secure a parra chain slot is locked until their para chain least period ends. Any delegated dot could be locked up for up to two years.
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