Glossary term

Polkadot Crowdloan

Projects who compete to reserve a spot on the Polkadot chain ask their supporters to stake Polkadots (DOT) to support their projects. This process of collecting staked DOTs…

  • Updated May 21, 2022
  • First published May 21, 2022
  • Reading time 1 minute
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Definition

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Projects who compete to reserve a spot on the Polkadot chain ask their supporters to stake Polkadots (DOT) to support their projects. This process of collecting staked DOTs is referred to as Polkadot Crowdloan.

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