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Ecosystem tasks, second layer methods which include DeFi apps & NFTs, will contend for Parachain lease rights via a candle auction program as well as the project which includes committed probably the most DOT/KSM will acquire Parachain lease rights. To incentivize Local community support toward a parachain bid, jobs will concern their native tokens in exchange for just a DOT Crowdloan. This method may be the Polkadot alternative to an ICO/IDO and assignments’ indigenous tokens will likely be “airdropped” for the DOT lenders (KSM for Kusama lenders).

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  To incentivize Local community guidance toward a parachain bid, assignments will problem their indigenous tokens in Trade for any DOT Crowdloan.  This method is definitely the Polkadot option to an ICO/IDO and projects' indigenous tokens might be "airdropped" into the DOT lenders (KSM for Kusama lenders).  Master Ventures intends to seize sizeable upside option by funding the Parachain bids and also investing directly into quite possibly the most promising tasks from the evolving Polkadot/Kusama ecosystem.

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In addition to capturing sizeable upside possibility by means of funding Parachain bids, we plan to fund leading early-stage investments from the DOT ecosystem and imagine we could increase considerable strategic worth to those projects.”

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This change to Lumia is aimed to represent a strategic transfer to boost the protocol's utility, governance, and attract equally existing and new stakeholders. By engaging its Neighborhood in this sort of essential selections, Orion Protocol aims in order that its developments are aligned with user passions along with the lengthy-expression sustainability on the System.

Polkadot will be on the list of distinct very long-time period profitable blockchains and ecosystems due to its cross-chain functionality, ease of growth & deployment as well as the strength of its progress community.

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Polkadot and Kusama are on track to start above fifty Parachains (2nd layer chains) about the next 18 months.  These Parachain slots will likely be auctioned off to the very best-bidder and these projects need to maintain DOT or KSM according to which protocol they plan to leverage.  Ecosystem projects, next layer methods like DeFi applications & NFTs, will contend for Parachain lease rights by way of a candle auction procedure as well as task that has dedicated by far the most DOT/KSM will get Parachain lease rights.