Kusama (KSM) is the native cryptocurrency of the Kusama Network, a decentralized, open-source blockchain platform developed by Parity Technologies. It's a canary network for Polkadot, testing and refining new features before deployment.$KSM
Key Statistics:
- Market Capitalization: $234 million
- Circulating Supply: 9.7 million KSM
- Total Supply: 10 million KSM
- All-Time High: $621.71 (May 18, 2021)
- All-Time Low: $1.40 (Mar 13, 2020)
Tokenomics:
- Symbol: KSM
- Blockchain: Kusama Network
- Consensus: Nominated Proof-of-Stake (NPoS)
Use Cases:
1. Staking and validation
2. Governance and voting
3. Parachain allocation
4. Cross-chain interoperability
Exchanges and Wallets:
1. Binance
2. Kraken
3. Polkadot Wallet
4. Ledger Live
Community:
1. Website: kusama.network
2. Twitter: @kusamanetwork
3. Telegram: @kusamanetwork
Governance:
1. Governance Token: KSM
2. Voting: On-chain voting
3. Proposals: Community-driven
Partnerships:
1. Polkadot
2. Parity Technologies
3. Web3 Foundation
Kusama's unique features:
1. Fast and secure transactions
2.