Kusama (KSM) is the native cryptocurrency of the Kusama Network, serving as a testbed for Polkadot innovations. With a current price around $32.05[5], Kusama operates on a proof-of-stake model, rewarding users for validating transactions through staking, creating an inflationary asset with a 10% yearly inflation rate[1]. Founded by Gavin Wood in 2019, Kusama shares the same white paper as Polkadot and uses a nominated proof-of-stake consensus algorithm for blockchain validation[4]. Kusama's governance structure allows for quicker protocol upgrades compared to Polkadot, offering a platform for experimental development and innovation in the blockchain space[4]. The network's relay chain connects various blockchains, enabling parachains to run independently while sharing data and security within the ecosystem[4]. Kusama's price history has seen significant fluctuations, from an all-time low of $0.9143 in 2020 to a peak of $623.75 in 2021, showcasing its volatility and potential for growth[1].