Shiden Network is a multi-chain decentralized application layer on Kusama Network. Kusama Relaychain does not support smart contract functionality by design - the protocol needs a smart contract layer. This is where Shiden Network comes in. Shiden supports Ethereum Virtual Machine, WebAssembly, and Layer2 solutions from day one. The platform supports various applications like DeFi, NFTs, and more.<h3>Kusama Parachain Lease Offering Strategy</h3>Shiden Network is one of the Kusama Parachain candidates (2021-05-14). Parachains connect to the Relaychain by leasing a slot via permissionless auction. In other words, Shiden needs to win a slot auction to lease a Parachain slot. After the start of the lease period, Shiden will deploy its mainnet on the acquired slot.To collect KSM tokens as fast as possible, Shiden team has chosen to crowdfund its slot lease using Kusama’s crowdloan mechanism, allowing KSM holders to contribute by locking up their own KSM tokens for 11 months. The network will reward their contributions by providing SDN tokens.The PLO consists of both a “Crowdloan” and an “Auction”. Shiden Network will conduct its crowdloan before the auction. The team highly encourages KSM holders to join the crowdloan as soon as possible if they would like to participate in the PLO. The collected KSM will be used for the Parachain auctions.&nbsp;

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Exchange	Pair	Last Price	Change (24H)	High (24h)	Low (24h)	Spread	Volume (24h)

CoinW	SDN/USDT	USDT 0.229 $ 0.229	-2.43% -USDT 0.00569	USDT $ 0.238	USDT $ 0.224	2.487%	$ 301.83K SDN 1.32M
HTX	SDN/USDT	USDT 0.229 $ 0.229	-3.13% -USDT 0.0074	USDT $ 0.238	USDT $ 0.222	2.030%	$ 36.47K SDN 159.08K
MEXC	SDN/USDT	USDT 0.226 $ 0.226	-3.50% -USDT 0.0082	USDT $ 0.238	USDT $ 0.221	0.397%	$ 30.40K SDN 134.31K
Gate.io	SDN/USDT	USDT 0.226 $ 0.226	-3.99% -USDT 0.00938	USDT $ 0.240	USDT $ 0.223	0.574%	$ 28.54K SDN 126.36K
Gate.io	SDN/BTC	BTC 0.00...356 $ 0.225	-3.23% -Ƀ 0.00...119	BTC $ 0.00...376	BTC $ 0.00...352	0.728%	$ 8.75K SDN 38.87K
Gate.io	SDN/ETH	ETH 0.0000746 $ 0.229	-0.87% -ETH 0.00...655	ETH $ 0.0000778	ETH $ 0.0000728	0.013%	$ 8.59K SDN 37.56K
Kraken	SDN/USD	USD 0.231 $ 0.231	+1.76% $ 0.004	USD $ 0.225	USD $ 0.239	0.881%	$ 1.46K SDN 6.31K
Crypto.com	SDN/USD	USD 0.228 $ 0.228	-$ 0.0097	USD $ 0.232	USD $ 0.213	1.036%	$ 1.14K SDN 5.02K
Kraken	SDN/EUR	EUR 0.215 $ 0.232	+2.87% € 0.006	EUR $ 0.209	EUR $ 0.221	0.948%	$ 867.73 SDN 3.75K

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