vsKSM (Voucher Slot KSM) is the vsToken for KSM crowdloan on Kusama. It is issued by SALP (Slot Auction Liquid Protocol) - the in-house Bifrost decentralized protocol. Bifrost SALP aims to release liquidity of contributions in Kusama/Polkadot crownloan through the issuance of derivatives.
vsKSM enables contributors to convert the vsKSM in exchange for the original Token at any time, so as to achieve the purpose of releasing liquidity. While, vsKSM/KSM pair also supports the arbitrage space for users.
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Explore apps and services using vsKSM:
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