ChainCatcher news, according to The Defiant, the new CEO of the Polkadot development organization Web3 Foundation, Fabian Gompf, stated in an interview that Polkadot is about to undergo a significant transformation. Polkadot will soon abandon the parachain slot auctions and adopt a new mechanism that allows application developers to rent block space as needed.

ChainCatcher message, the DOT lock-up for the first round of Polkadot slot auctions will be unlocked on October 24, 2023. OKX will support the unlocking and redemption of DOT in two phases.Phase 1: The OKDOT1/DOT trading pair will be delisted on October 26, 2023, at 16:00 (HKT)Phase 2: From October 26, 2023, to November 10, 2023 (HKT), the settlement of the locked DOT from the first round of Polkadot slot auctions will be completed (OKDOT1:DOT=1:1). After the settlement is completed, it will be credited to the users' funding accounts.According to OKX, after the delisting of the OKDOT1/DOT trading pair, there will be no channels available to exchange OKDOT1 for DOT until the settlement of the first round of Polkadot slot auctions is completed. Additionally, due to certain uncertainties involved in on-chain operations, please refer to the official announcements from OKX for the specific completion time of the settlement.

ChainCatcher news, according to the official announcement, the DOT slot auction lock-up will end on October 24, 2023. Binance users will be able to redeem their locked DOT tokens through the DOT slot auction page starting from October 26, 2023, at 14:00 (UTC+8).Starting from October 26, 2023, at 14:00 (UTC+8), users holding BDOT tokens in their spot wallets can redeem DOT at a 1:1 ratio using BDOT on the DOT slot auction page;On October 26, 2023, at 14:00 (UTC+8), users who participated in the DOT slot auction but did not convert their locked DOT to BDOT will automatically receive unlocked DOT in their spot wallets.

ChainCatcher news, the NFT ecosystem Moonsama wins the 42nd round of Polkadot parachain slot auction.Moonsama aims to unlock the potential of NFTs as truly practical elements in the Web3 space by developing infrastructure and practical solutions to accelerate the market entry of NFT-driven applications. (source link)

ChainCatcher news, Hashed Network wins the 40th round of Polkadot parachain slot auction. Hashed Network focuses on supporting flexible spending policies, native Bitcoin, and real-time proof of reserves for multi-signature digital asset vaults. (Source link)

ChainCatcher news, according to the official Polkadot announcement, Aleph Zero has won the 38th round of the Polkadot parachain slot auction.Aleph Zero is a Layer 1 privacy-enhanced blockchain based on the AlephBFT consensus, featuring scalability, low transaction fees, and developer friendliness. The AlephBFT consensus utilizes a directed acyclic graph architecture as an intermediate data structure to quickly achieve finality. (Source link)