FAQ: Centrifuge CrowdloanWhen does the Centrifuge Crowdloan begin?Contributions begin Wednesday, December 15. The auctions start on 23 December; this is when the competition actually starts. From the 15th, everyone can contribute to our crowdloan, but the auction bidding begins on the 23rd.
How long do the Auctions last?Auctions on Polkadot have an open bidding period of approximately 1 week. At the end of the bidding period, the precise moment of the auction’s close is determined retroactively. This prevents last-minute “auction sniping” and promotes more accurate price discovery (See the case for candle auctions). All projects that did not win the auction can bid for the next slot in the same batch using the DOT locked in the crowdloan. Users do not need to vote again to confirm their bids.
How can I contribute to the crowdloanDOT holders can contribute either directly through the Centrifuge website or via the Polkadot portal. to be eligible for all bonuses, or through the wallets and exchanges that support our crowdloan. See the ‘Contribution’ section below for more information on supporting wallets and third party providers.
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