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      Polkadot Slot Auction Announcement: Unlocking First-Round Projects

      OKX's logo OKX

      Dear OKX User,

      The lock-up of DOT for the first round of Polkadot slot auction projects will be unlocked on October 24, 2023. OKX will roll out the unlocking and redemption of DOT in two phases.

      Phase One: On October 26, 2023, at 8:00 (UTC), the OKDOT1/DOT trading pair will be delisted.

      Phase Two: From October 26, 2023, to November 10, 2023 (UTC), the settlement of the first round of Polkadot slot auction locked DOT (OKDOT1:DOT = 1:1) will be completed.

      After the settlement is completed, the funds will be distributed to the users' funding account.

      Please note: After the OKDOT1/DOT trading pair is delisted, there will be no channels available to convert OKDOT1 to DOT until the settlement of the first round of Polkadot slot auction is completed. Additionally, due to the uncertainty of on-chain operations, please refer to the official OKX announcement for the specific settlement completion time.

      OKX will continue to provide you with better products and services!

      OKX Team
      October 20, 2023 (UTC)

      Read the original article at okex

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