Key Takeaways

• Polkadot founder Gavin Wood wrote in a blog post that Kusama is ready to host parachain slot auctions.
• Kusama will host parachains before auctions go live on Polkadot.
• The auctions will last for five weeks and determine which project gets to operate a parachain on the canary network.

Polkadot’s founder Gavin Wood has announced that parachain auctions on Kusama should take place from next week.

First Parachain Auctions to Launch

Parachain auctions on Polkadot’s canary network Kusama will begin from Jun. 15, the project founder Gavin Wood wrote in a Tuesday blog post.