Polkadot’s governing body has approved a major change to how projects access blockspace on the network, moving away from parachain slot auctions and crowdloans toward a new “Agile Coretime” model that sells blockspace more flexibly and programmatically. This marks the end of the candle-style parachain auctions that have been central to Polkadot’s economic and governance design since launch. Historically, projects that wanted to run as parachains on Polkadot or Kusama had to win a limited-term parachain slot lease via permissionless candle auctions, often financed through crowdloans where DOT holders bonded tokens to back specific teams. Slots were scarce, leases were fixed (up to two years on Polkadot), and auctions determined which projects could connect to the relay chain, making auctions and crowdloans a defining feature of the ecosystem’s capital formation and bootstrapping model. According to updated Polkadot support documentation, with the introduction of Agile Coretime on Polkadot and Kusama, “there will no longer be any slot auctions or crowdloans in the future,” and existing crowdloan funds remain locked only until their current lease periods end. The shift matters because it fundamentally changes how teams acquire execution capacity on Polkadot, how DOT is used and locked, and how new projects bootstrap community support. Instead of competing in infrequent, high-stakes auctions for long-term leases, projects will obtain coretime on a more flexible, pay-as-you-go basis, which is intended to improve resource utilization and lower barriers to entry for builders. For existing parachain projects, the end of auctions and crowdloans alters treasury planning and tokenomics, while for DOT holders it reduces one of the main long-lock use cases that previously shaped yield strategies and governance participation.

AI-generated background, compiled from web sources — not editorial content.

More coverage

Explore the topic

Loading related coverage…

Explore the full feed

Comments

Loading comments…