Lark Davis Rates Polkadot-Based Projects; Moonbeam Ranks First

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Moonbeam, Acala, Parallel Finance, and Astar are top-performing Polkadot-based projects.
Polkadot completes 40 parachain auctions on the network and 60 on Kusama.
Japan Virtual and Crypto-assets Exchange Association approved Efinity token (EFI).

Crypto expert and author Lark Davis tweeted on February 26 about the latest developments in the Polkadot ecosystem. He also shared an article his team curated highlighting the best-performing Polkadot-based projects that users should be aware of.

The developments on Polkadot have been exciting to watch lately.

So many good projects are being built.

Are you eyeing any potential #investment in the $DOT ecosystem?
— Lark Davis (@TheCryptoLark) February 26, 2023

The document speaks about the completion of nearly 40 parachain auctions on the network and 60 on Kusama. Moreover, Polkadot is very close to achieving the halfway point for its 100 parachain maximum.

Davis’ team believes that the greater the number of DOT tokens getting locked up, the more rewards are produced, which is powering further incoming plans and projects on the Polkadot blockchain.

According to the article, Moonbeam (GLMR) is at the top of the…

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