According to Foresight News, the full-chain L2 network Parallel Network announced that it will officially shut down cKSM-related functions on July 11, when users will need to exchange cKSM for KSM. Crowdloan is an on-chain voting and staking product previously developed by Parallel on the Kusama chain. Users can participate in Kusama crowd lending by voting KSM through Crowdloan and receiving cKSM LP tokens issued by Parallel.
