Gushiken Yona
Buzz, the pseudonymous founder of K9 Finance, in an interesting delve into the intricacies of crypto nomenclature, embarks on an exploration of the symbolic depths behind the moniker ‘Bone Crusher’ in a recent crypto revelation. This unveiling seeks to unravel the layers of meaning and significance embedded within the name, shedding light on the ethos and mission driving K9 Finance’s latest venture.
Bone Crusher is the flagship product of K9 Finance, representing a revolutionary mobile liquid staking application. As the official liquid staking derivative platform of Shibarium, K9 Finance introduces Bone Crusher as a cutting-edge tool designed to empower users in the dynamic world of decentralized finance (DeFi).
This innovative app enables users to seamlessly stake their assets while maintaining liquidity, unlocking new avenues for yield generation and financial flexibility. With Bone Crusher, K9 Finance aims to redefine the staking experience, offering a user-friendly interface and robust features tailored to meet the evolving needs of the crypto community.
However, certain members of the crypto community have expressed concerns about the product’s name, believing it is intended to undermine BONE, the governance token of ShibaSwap and the official gas fee token of Shibarium. This prompted Buzz to clarify the rationale behind the chosen name. On the social media platform X (formerly Twitter), K9 Finance’s pseudonymous founder elaborated on the reasoning behind the name that has become contentious.
To address the controversy, Buzz explained that the name “$BONE Crusher” is not meant to compete with BONE but to complement it. “Why does K9 DAO call the product $BONE Crusher? It is not that KNINE is a BONE competitor that is looking to replace BONE. Quite the opposite! KNINE is built to support and elevate BONE,” Buzz explained.
K9 Finance’s roadmap outlines the evolutionary stages of a dog, emphasizing three key phases. Explaining the significance of the product name, the founder stated, “Borophaginae is the ancestor to a Canine and the second evolutionary period of a dog. This is a Latin word that serendipitously translates to ‘bone crushing dog’ in English. Our second phase of our roadmap is Q3 when our product, which locks BONE, will launch on Shibarium.”
The roadmap’s evolutionary theme reflects the progression of the K9 product, from alpha to beta to release. As the founder explained, “This style of representing the roadmap as an evolution of a dog mirrors the evolution of the K9 product from alpha, to beta, to release. It symbolizes the evolution from being a historic dog to a modern day K9!”
Earlier this month, K9 Finance made significant strides in the cryptocurrency landscape by unveiling a groundbreaking update to its flagship product, Bone Crusher. The latest update introduces several new features designed to empower users and enhance their interaction with the platform. Users can now seamlessly connect their wallets for efficient and secure interactions with Bone Crusher.
Additionally, the update allows users to stake BONE tokens, contributing to network security and decentralization. Enhanced flexibility is provided through the ability to swap knBONE tokens within the platform. Furthermore, users can claim rewards in KNINE, BONE, and other tokens, enriching their experience with Bone Crusher. An accompanying tutorial video offers a comprehensive guide to these features and hints at future developments, including liquid staking capabilities aligned with the platform’s DAO mission.
Bone Crusher is set to launch sometime in the third quarter of this year, further expanding K9 Finance’s innovative offerings.
Read More
- K9 Finance Drops Bone Crusher Update and Shibarium’s Puppynet Whitelisting
- K9 Finance Announces Major Update, Hailing ‘A Win for Decentralized Infrastructure on Shibarium’
- Global Media Platform Highlights Shiba Inu Lead Developer Shytoshi Kusama and K9 Finance
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.
