[//]:content-type-MARKDOWN-DONOT-DELETE Gate.io supports the Polkadot Parachain Slot Auction. The 44th round of the Polkadot (DOT) Slot Auction will start on June 1st. Gate.io has launched Lock-up [ DOT ＆ Earn VARCH](https://www.gate.io/slot_auction/10038 " DOT ＆ Earn VARCH"). Users who wish to participate in the DOT parachain slot auction should lock up in advance. Join now: https://www.gate.io/slot_auction/10038 Please note: Gate.io only serves as an intermediary to provide users with services to participate in auctions, and does not bear the responsibility of any capital losses caused by a project team or any issues with on-chain security. Procedure 1.Lockup & Earn Participation: Users can deposit or buy KSM/DOT to join and support different projects in the Auction. Project details: 2.Slot Auction: The auction will be conducted on-chain. Please keep an eye out for the result. If the project you support is unsuccessful in the auction, the funds of KSM/DOT you locked will be returned without interest. 3.Interest Distribution: When the project you support wins an auction slot, we will distribute the interest according to the on-chain annual interest rate. Once the on-chain KSM/DOT funds are unlocked, users will receive their KSM/DOT immediately. Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io [Sign up](https://www.gate.io/signup "Sign up") to enter the crypto gateway and get 40% commission from [referrals](https://www.gate.io/referral "referrals") [Download iOS/Android App](https://www.gate.io/mobileapp?ch=ann27560 "Download iOS/Android App") right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter: https://twitter.com/GateioVIP Telegram: https://t.me/gate_io API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team May 31st, 2023