$ 0.1437 USD
$ 0.1437 USD
$ 8.983 million USD
$ 8.983m USD
$ 333,772 USD
$ 333,772 USD
$ 2.325 million USD
$ 2.325m USD
65.49 million SDN
Issue Time
2021-08-31
Platform pertained to
--
Current price
$0.1437USD
Market Cap
$8.983mUSD
Volume of Transaction
24h
$333,772USD
Circulating supply
65.49mSDN
Volume of Transaction
7d
$2.325mUSD
Change
24h
0.00%
Number of Markets
26
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
-12.45%
1Y
-38.04%
All
-97.52%
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