About Karura

Karura serves as the comprehensive DeFi hub for Kusama, established by the Acala Foundation. It is a scalable, EVM-compatible blockchain optimized for decentralized finance, offering a range of financial services such as trustless staking derivatives (liquid KSM), multi-collateralized stablecoins (kUSD) backed by cross-chain assets, and an AMM decentralized exchange with micro transaction fees payable in any token. Kusama, known as Polkadot’s more adventurous and faster cousin, provides a multi-chain environment for innovative experiments. While independent from Polkadot, Kusama shares a similar architecture but operates with quicker governance and higher risk tolerance. Launching on Kusama allows Karura to explore cutting-edge financial innovations with the security of Kusama’s network, h...