[Motion 318](https://kusama.polkassembly.io/motion/318) is now up for vote: proposing to open **the third auction** on Kusama Network, for the next 7 days. The preimage, as follows: `auctions::newAuctions(duration, lease_period_index)`

- `duration`: 27000 (45hs: 3 less overall hours to give time for the winner to be picked)
- `lease_period_index`: 13 (current lease period)
- `threshold`: 13 / 19 council (greater than 2/3)
- Ending period: will be an additional 5 days (this is hardcoded on-chain)

You can find more information in the [Polkassembly post](https://kusama.polkassembly.io/motion/318): Please vote at your convenience!

 Create a new auction.

 This can only happen when there isn't already an auction in progress and may only be
 called by the root origin. Accepts the `duration` of this auction and the
 `lease_period_index` of the initial lease period of the four that are to be auctioned.

- Motion 318 is proposing to open the third auction on the Kusama Network.
- The auction will last for 7 days.
- The duration of the auction will be 45 hours.
- The lease period index is 13.
- The council will vote on this motion.

#318 Kusama Parachain Auction #3