Validators process transactions and receive fees from users (supply-side fees).

Kusama is a security & interoperability platform for blockchains and applications. Kusama was founded by Gavin Wood and launched in 2019.

KSM holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue).

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Kusama

# Kusama Maximum token supply Methodology

## 1. Overview

The Kusama maximum token supply metric represents the theoretical upper limit of KSM tokens that can ever exist according to the protocol's design specifications. This is a static value of 10,000,000 tokens that is defined at the protocol level and does not change over time. Unlike circulating supply or total supply metrics, the maximum supply is a fixed parameter that reflects the protocol's monetary policy constraints.

## 2. Data sources

This metric is derived from:
- **Kusama protocol specifications**: The official protocol documentation and design parameters that define the maximum token supply
- **Genesis block configuration**: The initial blockchain configuration that establishes fundamental protocol parameters
- **Official Kusama documentation**: Canonical sources that document the tokenomics and supply mechanisms

## 3. Step-by-step calculation

### Component A: Maximum supply configuration
- **Purpose**: Establishes the fixed maximum token supply value for Kusama
- **Logic**: The maximum supply is set to 10,000,000 KSM tokens based on the protocol's design specifications. This value represents the theoretical upper limit of tokens that can ever be created, regardless of current circulating or total supply levels. A launch timestamp of September 20, 2019 is established to mark when this maximum supply parameter became effective.
- **Key fields**: The `token_supply_maximum` field contains the static value of 10,000,000, while the `timestamp` field marks the protocol launch date

### Final aggregation
- **Combining components**: Since this is a single static value, no aggregation of multiple components is required
- **Currency conversion**: No currency conversion is needed as this represents a token count rather than a monetary value
- **Time aggregation**: The metric uses a fill-forward strategy to ensure the maximum supply value is available for all time periods after the launch date, maintaining consistency across the time series
- **Final calculation**: The final metric value is the constant 10,000,000 KSM tokens for all time periods from the launch date forward, formatted with appropriate metadata including the protocol identifier and timestamp grain

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

KusamaKSM

Maximum token supply

Maximum token supply

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