On April 25th, Astar Network recently announced that Shiden Network, the pioneer network, will participate in its second crowd loan auction to continue to hold its Kusama parachain slot. The Shiden Network will participate in the upcoming Kusama crowdfunding. The Astar team finally decided to proceed with crowdfunding for auctions. The funds obtained from all crowdfunding activities will be used to rent its parachain slot on Kusama. Once the lease expires, all the tokens of the crowdfunding will be refunded to Participant account. The crowdsale auction starts from April 22nd to April 28th, with the goal of collecting 15,000 Kusama Tokens (KSM), with a fixed budget of 350,000 SDN for the Shiden Token reward. It is reported that Shiden Network successfully took a slot in the first crowd-lending event in June 2021 and became a parachain on Kusama Network, and the slot lease period will end on May 16, 2022. Astar Network is the #1 smart contract hub for WASM + EVM on Polkadot.
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