Voting on the first round of Polkadot Parachain Slot Auction has begun. Heres a short overview of all projects that aim to snatch a spot as parachain!

Binance kicked off the first round of the parachain slot auctions for the Polkadot ecosystem.

Every DOT owner and all those who consider becoming one can now start voting on the projects that aim to become a parachain.

Voting will lock your DOT tokens for ~716 days and slot auction voters will get rewarded with lock-up rewards in the form of the token of the project they voted for.

With binance starting a warm-up week there is also a small pre auction period reward distributed for people that vote on the first slot auction on binance.

Also note voting on Binance grants bDOT which is exchangeable for DOT on a 1:1 ratio. So you won't loose liquidity for voting on a slot auction.

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Here's a short overview of all the project that DOT holders will be able to vote on:

1. Moonbeam: A smart contract EVM parachain bridging Ethereum Solidity smart contracts to the Polkadot ecosystem
2. Clover Finance: A blockchain ecosystem already bridges multiple chains and when deployed as parachain aims to become a multichain bridge with EVM, DeFi protocols etc. for the Polkadot ecosystem
3. Astar Network: A multi-chain dApp Hub that aims to bridge Ethereum, Cosmos and other chain dApps and Layer 2 Scaling solutions to the Polkadot ecosystem
4. Litentry: A substrate based DID-Aggretation project that offers Identity management, Identity staking, decentralized identity storage aswell as other usecases that aim to give users control over their data.
5. Manta Network: A substrate based zk-SNARK privacy protocol that aims to offer end to end privacy and anonymity by allowing users to create anonymous versions of tokens deployed on Polkadot and it's parachains. It also offers a anonymous Decentralized Exchange that allows users to trade anomized tokens and use them on corresponding anonymous DeFi protocols
6. Bifrost Finance: A DeFi protocol that aims to liquiditise staking tokens and create derivative versions allowing users to stake their tokens without loosing out on liquidity. F.e. Polkadot users will be able to stake their DOT tokens and get liquid vDOT tokens that they can then lend out in DeFi protocols
7. Efinity: A substrate based deflationary cross-chain NFT parachain developed by the folks behind Enjin. The project aims to become the go to blockchain for the NFT's, gaming and content creator space featuring smart contracts, fuel tanks a NFT launchpad, multisig wallets and more.
8. Parallel Finance: A DeFi protocol that allows lending, leveraged staking, interest rate swaps and auctioned crowd loans
9. Acala Network: A DeFi network that aims to become a liquidity hub of the Polkadot ecosystem. Acala is a Layer 1 smart contract capable network with EVM that allows users to gain yield on their assets. The network allows users to pay gas fees in any token that is tradable on the network.

You can vote here https://www.binance.com/en/dotslot