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Acala wins first auction at Polkadot: $1.3 billion DOT!

the primary parachain auction on Polkadot has concluded. Acala gained the auction.

It was once introduced that more than 81 thousand other folks locked over 32 million DOTs for Acala. This amount is approximately 1 billion THREE HUNDRED million greenbacks at current costs.

within the observation made on Acala’s reliable Twitter account, “we’d like to thank everybody who contributed to this ancient event. Many talented groups are competing to be a number of the best five tasks to be released on December 17th, appearing the ability of Polkadot. In that admire, we are all winners. we look forward to launching the multi-chain future with you!”

With over 32M DOT contributed by means of over 81,000 community participants, Acala has gained the first parachain auction on @Polkadot!

Thank You to everyone who took phase on this historical experience. (1/3)

— Acala – DeFi Hub of Polkadot (@AcalaNetwork) November 18, 2021

In The Meantime, the Moonbeam staff competing against Acala , politely congratulated Acala for successful the public sale. Moonbeam is expected to win the second one auction, which will start as of nowadays. the second public sale will finish on November 25.

DOT holders who lock their DOT in Acala will receive the ACA token in return. DOTs will remain locked for 2 years.

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