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Karura Wins The First Kusama Parachain Slot Auction

We are excited to announce that Acala’s Karura Network secured the first ever parachain slot on Kusama – Congratulations! Slot 1 Winner Karura (KAR) – Described as a Decentralized Finance (DeFi) hub and stablecoin platform for the Kusama network, Karura will operate on Kusama as a parachain and aims to host several different functions on…

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Kraken Breaks New Ground with First-of-its-Kind Parachain Auction Platform

Clients looking to support their favorite Kusama projects can now, for the first time, participate in Parachain Slot Auctions (or ‘Parachain Auctions’ for short) directly from the Kraken platform.  Key points to note:1. Parachain auctions are not available to residents of the US, Canada, Japan and Australia. 2. Only verified Intermediate accounts and higher are…