$KSM

• Governance: KSM coin holders can participate in the governance of the Kusama network, including making proposals, voting on proposals, and participating in the decision-making process. This allows KSM coin holders to directly influence the future development and changes of the network.

• Staking and verification: KSM coins can be used for staking, that is, locking KSM coins in the network to support the security and operation of the network. Stakers can become validators, participate in block production and transaction verification, and receive staking rewards. Staking can also be used as a nominator to entrust their KSM coins to other validators to obtain part of the staking rewards.

• Paying transaction fees: When trading on the Kusama network, a certain amount of KSM coins must be paid as transaction fees. These fees are used to cover the cost of network operation.

• Economic incentives: KSM coins are used as part of the economic incentive mechanism to reward users who contribute to the network, including stakers, developers, and members participating in network governance.

• Cross-chain functionality: KSM coins also play an important role in Kusama's cross-chain interoperability. Due to the similar technical architecture of Kusama and Polkadot, KSM coins can be used in different parachains and cross-chain applications.

• Uniqueness and scarcity: The total supply of KSM coins is relatively limited, and its issuance and circulation are controlled by smart contracts, which provides a certain scarcity value for KSM coins.

• Experimental platform: Kusama is designed as a "canary network", an experimental platform for testing new features and improved technologies before the Polkadot mainnet is deployed. Allowing developers to innovate and experiment under real-world conditions.

• Interoperability: Kusama allows different blockchains to connect and communicate with each other, achieving cross-chain interoperability. This means that various different blockchains can exchange information and assets with each other on the Kusama network.

• High scalability: Kusama uses sharding technology, which allows the network to handle a large number of transactions and can be expanded as needed. This enables it to support large-scale decentralized applications (dApps).

• Rapid Upgrades: Kusama has the ability to upgrade quickly, allowing developers to quickly deploy and test new features and improvements without going through a lengthy review process.