Gushiken Yona
K9 Finance has recently made significant strides in the cryptocurrency landscape, unveiling a groundbreaking update to its flagship product, Bone Crusher, and securing official whitelisting on Shibarium’s Puppynet.
These dual announcements signify a monumental leap forward for the platform, offering supporters enhanced functionalities and access to a unique liquid staking derivative. Puppynet is Shibarium’s test net.
This strategic move solidified K9 Finance’s position as a trailblazer in the decentralized finance (DeFi) ecosystem as it introduced an innovative staking application on Shibarium, expanding staking options and taking inspiration from Lido’s success.
The unveiling of the Bone Crusher update sparked excitement among K9 Finance’s supporters. This update, accompanied by an instructive tutorial video, showcases the platform’s commitment to enhancing user experience and expanding its capabilities. The tutorial video provides a comprehensive guide to new features such as seamless wallet connectivity, BONE token staking, knBONE token swapping, and reward claiming in KNINE, BONE, and other tokens. It also hints at future developments, including liquid staking capabilities aligned with the platform’s DAO mission.
K9 Finance has Bone Crusher Update and Tutorial
The latest update to Bone Crusher brings a host of new features designed to empower users and enhance their interaction with the platform:
Connecting Wallets: Users can seamlessly connect their wallets for efficient and secure interaction with Bone Crusher.
Staking BONE Tokens: The update allows users to stake BONE tokens, contributing to network security and decentralization.
Swapping knBONE Tokens: Enhanced flexibility is provided through the ability to swap knBONE tokens within the platform.
Claiming Rewards: Users can claim rewards in KNINE, BONE, and other tokens, enriching their experience on Bone Crusher.
The accompanying tutorial video provides a comprehensive guide to these features and hints at future developments, including liquid staking capabilities aligned with the platform’s DAO mission.
Whitelisting on Shibarium‘Net‘s Puppynet
In addition to the Bone Crusher update, K9 Finance announced its official whitelisting on Shibarium’s Puppynet. This development brings a myriad of benefits to the platform and its community. $KNINE holders will now receive $BONE rewards through K9 Finance’s validator, enhancing engagement and participation within the ecosystem.
Moreover, the platform’s validator plays a crucial role in enhancing network security and decentralization, ensuring a robust and resilient ecosystem.
In addition to the Bone Crusher update, K9 Finance made a significant announcement on X (formerly Twitter) regarding its whitelisting on Puppynet. This development brings several benefits:
Reward Distribution: $KNINE holders will receive $BONE rewards through K9 Finance’s validator.
Network Security: The platform’s validator enhances network security and decentralization, ensuring a robust ecosystem.
Unique Offering: K9 Finance introduces the FIRST & ONLY Liquid Staking Derivative (LSD) for #Shib, adding a unique dimension to the ecosystem.
One of the standout features of this announcement is the introduction of the first and only Liquid Staking Derivative for #Shib, adding a unique dimension to the ecosystem. Buzz, K9 Finance’s pseudonymous founder and developer, expressed enthusiasm about this milestone, stating, “One small step towards crushing the FUD of ‘why isn’t $KNINE on Shibarium’. FUD will be crushed with actions and building. Now live on Puppynet.”
Read More
- Setting New Standard: K9 DAO Leads the Charge in DeFi with Trailblazing Governance Model
- K9 Finance Unveils Fresh Preview of Next-Gen DeFi Product on Shibarium
- Shiba Inu Strategic Partner K9 Finance Earns Prestigious Organic Listing on Major Global CEX
Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
