According to Foresight News, Parallel Network, a comprehensive L2 network, has announced that it will officially shut down its cKSM-related functions on July 11. At that time, users will need to exchange their cKSM for KSM.
Previously, Parallel developed a blockchain voting and pledging product on the Kusama chain, known as Crowdloan. Users could participate in Kusama's public lending by voting for KSM and receiving cKSM LP tokens issued by Parallel. However, with the upcoming closure of cKSM-related functions, users will need to make necessary adjustments to their holdings.
