As an experimental version of Polkadot (DOT), Kusama looks to directly address concerns in Polkadot’s coding vulnerabilities. Kusama’s main purpose is to enable devs to both test and deploy parachains on Polkadot. Kusama’s incentivization structure is the Nominated Proof-of-Stake consensus. The project was founded by Gavin Wood, who is also the founder of Polkadot and former CTO of Ethereum. The native KSM token that is has the ability to be staked also allows users to become validators. KSM has a circulating supply of 8.47 million and a total supply of 9.65 million tokens.
Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy Kusama, than our closest competitors.
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