

November 28, 2024
This staking guide explains how to stake Kusama tokens (KSM)
Kusama Staking Guide
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STAKE TOKEN
Kusama (KSM)
Kusama is Polkadot's canary network, providing a scalable and secure environment for developers to test bold innovations and decentralized projects.
APR 11.86%
Total Stake
NA
Market Cap
253.16MUSD
Token Price
15.52 USD
How many KSM do you want to stake?
Delegation Amount
640 KSM
$0.00
Daily Earnings
0 KSM
$0.00
Monthly Earnings
0 KSM
$0.00
Yearly Earnings
0 KSM
$0.00
November 28, 2024
This staking guide explains how to stake Kusama tokens (KSM)
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Network Product
Kusama is a decentralized, experimental blockchain network that serves as a testing ground for Polkadot. It allows developers to test new features and projects in a real-world environment before deploying them on Polkadot. Kusama is known for its fast-paced development and governance model.
Kusama is often referred to as Polkadot’s "canary network," meaning it’s a more experimental and flexible version of Polkadot. While both networks share similar architecture, Kusama has looser governance parameters, allowing for faster upgrades and innovation, making it ideal for early-stage projects.
KSM is the native token of the Kusama Network. It is used for staking, governance, and bonding parachains to the network. KSM holders can participate in network decisions, such as protocol upgrades and validator selection, and earn rewards by staking their tokens.
You can stake KSM tokens directly via Simply Staking by clicking the "Stake" button above. This allows you to delegate your tokens to a validator, contributing to the network’s security and governance while earning staking rewards.
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