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Binance Will Support Polkadot Ecosystem Development

2020-12-24 12:54

Fellow Binancians,

Binance is launching a series of initiatives to support Polkadot ecosystem development.

Available now:

  • Use DOT for high-yield farming of new tokens with Binance Lauchpool (Stake DOT now)
  • Stake DOT in Binance Locked Staking for up to 31.49% APY (Stake now)

Upcoming initiatives:

  • Users that stake DOT will qualify to participate in Community Coin votes for listing Polkadot-based projects on Binance and will also be eligible to receive airdrop rewards.
  • Binance will launch Polkadot Slot Auction support and provide a liquidity solution for staked DOT.

Additional details about the upcoming initiatives will be released at a later date.

Additionally, Binance has established a $10 million Polkadot Ecological Fund to support quality projects in the Polkadot ecosystem.

Token projects developing on Polkadot are welcome to contact us at commercial@binance.com

Thanks for your support!

Binance Team

2020/12/24

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