Lido On Kusama price
StKSM

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Lido's liquid staking on Kusama. Using Lido, KSM holders can:

Stake their KSM to earn staking rewards every 24 hours.
Stake KSM without the delay of bonding/unbonding periods via third-party protocols.
Earn additional yield by leveraging the Kusama DeFi space (e.g. use staked KSM as collateral).
Maximise their staking rewards through dynamic reallocation to the most profitable KSM validator nodes.
Minimise their risk of KSM slashing events.
When staking KSM with Lido, users will receive a staked KSM (stKSM) in return, pegged 1:1 to KSM. stKSM is a rebasable token similar to stETH with rewards reflected through a daily balance increase. As such, when staking KSM with Lido, your stKSM wallet balance will grow on a daily basis as staking rewards are earned.

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