Kusama Submits Motion 438, Sets Year-Round Parachain Auctions
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- Kusama network has officially passed motion 438.
- Parachain auctions are now set for the rest of the year.
- KSM remains competitive despite market depression.
Kusama network has officially passed motion 438. In detail, parachain auctions are now set for the rest of the year. This is the result of the discussion made by various teams in the network.
TL;DR auctions will occur roughly every 100,800 blocks (every 7 days) until January 2023.
< ...Council passed Motion 438, scheduling the parachain auctions for the rest of the year. TL;DR auctions will occur roughly every 100,800 blocks (every 7 days) until January 2023.
— kusama (@kusamanetwork) February 21, 2022
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Read more: https://coinquora.com/kusama-submits-motion-438-sets-year-round-parachain-auctions/
Text source: News – CoinQuora – Latest Cryptocurrency and Block
