The second validator auction will take place in June. Those wishing to become a validator candidate should start the whitelisting process now . The deadline for submitting your email address is the 31st of May, 2020, at 23:59 UTC.
The Trustlines validator auction is a Dutch auction held to discover the fair price of a validator slot. Successful bidders become the set of validators for the Trustlines Blockchain for the duration of the new validator period. The people who bid for a validator slot in the auction will have their stake locked until the end of the validator period. The validators can then withdraw their stake after the locking period ends.
Read the full post at the Trustlines Blog