$KSM KSM Coin, full name Kusama, is a type of cryptocurrency that serves as the native utility token of the Kusama network. Kusama provides a way to test the Polkadot network in an environment close to reality, ensuring the security of the Polkadot network. It also allows future participants of the Polkadot network to rehearse in advance, such as validator nodes, parachain teams, and builders of Polkadot ecosystem tools can prepare in advance using Kusama.

The main functions of KSM include:

• Governance: KSM token holders can initiate votes on network governance.

• Staking Consensus: Network validators of the Relay Chain need to stake KSM tokens to run nodes.

• Joining Network Staking: Parachains need to stake a certain amount of KSM tokens when joining the network.

• Transaction Fees: KSM is used to pay for transaction fees generated from cross-chain information transfer.

The design philosophy of Kusama is to serve as a testing ground for Polkadot, allowing teams and developers to build and deploy parachains or try out Polkadot's governance, staking, nomination, and validation functions in a real-world environment. Kusama is not a "test network", but an early, highly experimental version of Polkadot that presents a real economic situation.

The total supply of KSM Coin is 8,058,000 KSM, and the most prominent feature of KSM tokens is that there is no upper limit on its supply; it is an inflationary token, with the number of KSM tokens increasing by 10% each year. The price and trading volume of KSM coins fluctuate with the market