Kraken Now Lets Users Back Contender Projects on Polkadot’s Kusama Platform
Kraken is adding support for Kusama parachain auctions, allowing users to effectively vote for their favorite projects.
More than 15,000 network stakeholders locked up KSM in favor of Karura being added.
The seed round was led by investment firm LD Capital, and included AU21, DFG, FBG and OKEx Blockdream Ventures.
Karura Swap opened for trading with $3.4 million in total value locked.
Pantera and Polychain are backing the project.
With auctions to win a place building on the Polkadot blockchain ecosystem beginning soon, projects are coming out with strategies to secure one of the coveted slots.