Moonbeam Wins Second Polkadot Parachain Auction; Expands Rewards Pool By 50%

After losing the first parachain auction to Acala, Moonbeam has announced that it has won the second Parachain auction, thanks to a hugely successful crowd loan campaign. Moonbeam’s community contributed over 35 million DOT ($1.4 billion) to help Moonbeam secure the slot.