Shiden Network functions as a multi-chain decentralized application platform built on the Kusama Network. Since the Kusama Relay Chain does not inherently support smart contracts, Shiden provides the necessary layer for smart contract deployment. It supports Ethereum Virtual Machine (EVM), WebAssembly, and Layer 2 solutions from launch. The platform enables a variety of applications, including DeFi, NFTs, and more. As a Kusama parachain candidate (announced on 2021-05-14), Shiden aims to secure a parachain slot through a permissionless auction process. To obtain KSM tokens swiftly, the Shiden team is crowdfunding its slot lease via Kusama's crowdloan system, allowing KSM holders to lock their tokens for 11 months in exchange for SDN tokens as rewards. The Parachain Lease Offering (PLO) inv...
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