$ 0.1526 USD
$ 0.1526 USD
$ 9.664 million USD
$ 9.664m USD
$ 522,760 USD
$ 522,760 USD
$ 3.419 million USD
$ 3.419m USD
65.712 million SDN
Issue Time
2021-08-31
Platform pertained to
--
Current price
$0.1526USD
Market Cap
$9.664mUSD
Volume of Transaction
24h
$522,760USD
Circulating supply
65.712mSDN
Volume of Transaction
7d
$3.419mUSD
Change
24h
0.00%
Number of Markets
26
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
+10.41%
1Y
-38.81%
All
-97.19%
Shiden Network is a multi-chain decentralized application (dApp) layer on the Kusama network, designed to support the deployment of cross-chain smart contracts. It acts as a parachain, leveraging Kusamas relay chain to enhance security and connectivity. Shiden primarily serves as a development environment for dApps that require high throughput and multi-chain interoperability, making it an ideal platform for developers looking to expand their applications across different blockchains.
The native token of Shiden Network, SDN, is used for transaction fees, staking, and governance within the ecosystem. Token holders can participate in decision-making processes, influencing the future development of the network. Additionally, SDN rewards validators and nominators who secure and maintain the network operations.
By focusing on scalability and user-friendly blockchain interactions, Shiden Network aims to drive innovation in the decentralized space, facilitating seamless communication between various blockchain platforms and fostering a more integrated blockchain ecosystem.
2 ratings