Shiden Network Official Launch

Shiden Network announces that they officially enable token transfers on Shiden Network. This update allows token holders to transfer SDN tokens. Also, Shiden will implement the smart contract features soon so that developers can deploy both Ethereum smart contracts (EVM) and WASM smart contracts on Shiden Network.

The dApp staking is their unique feature that only Shiden and Astar network support in the Polkadot and Kusama ecosystem. In general, people underestimate the potential of things they have never seen before. However, Shiden believe that once this feature is implemented, the expansion of the ecosystem will surely accelerate. In addition to that, they will officially launch Astar Network Portal once it is fully ready.

About Shiden Network

Shiden Network is a multi-chain decentralized application layer on Kusama Network. Kusama Relaychain does not support smart contract functionality by design – Kusama Network needs a smart contract layer. This is where Shiden Network comes in. Shiden supports Ethereum Virtual Machine, WebAssembly, and Layer2 solutions from day one. The platform supports various applications like DeFi, NFTs and more.

INFO:

https://medium.com/astar-network/shiden-network-official-launch-38fe68d74812