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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