Karura is a platform that enables decentralized finance on the Kusama blockchain. Users can access various DeFi services, such as a decentralized exchange, a stablecoin, and a staking derivative. Karura is also compatible with Ethereum-based applications. Karura is the sister network of Acala, which is built for Polkadot. KAR is the native token that powers the platform and allows users to participate in governance and pay fees.