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“Supply shock” predicted as Kusama (KSM) parachain auctions heat up “Supply shock” predicted as Kusama (KSM) parachain auctions heat up

“Supply shock” predicted as Kusama (KSM) parachain auctions heat up

Almost all of the Kusam auction slots are taken, with the second to last auction ending on Thursday.

“Supply shock” predicted as Kusama (KSM) parachain auctions heat up

Cover art/illustration via CryptoSlate

The Kusama ecosystem is filling out nicely as potential projects continue vying for auction slots.

According to Twitter user @DonnieBigBags, approximately 2.4 million Kusama tokens are locked in auctions, accounting for more than a quarter of the circulating supply.

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