Gairika Mitra
K9 Finance, Shiba Inu’s liquid staking partner, has reminded everyone through its X account that the Mainnet launch is just seven days away.
On its X post, K9 shared that its liquid staking platform will be enabled on both the Ethereum and Shibarium networks. Through this move, K9 aims to strengthen its presence as the first on the Shibarium, allowing users to leverage the power of $BONE tokens on Ethereum. Users can then simultaneously tap into the new opportunities provided on the network.
🚀 7 DAYS UNTIL K9 MAINNET LAUNCH! 🚀
— K9 Finance DAO (@K9finance) September 11, 2024
🎉Today's Highlight: Multi-Chain Functionality! 🎉
The K9 Liquid Staking Platform operates on both Ethereum & Shibarium Networks!!
This lets us harness the power of $BONE on Ethereum while introducing the first official Liquid… pic.twitter.com/F5c0CzRUta
K9 is also offering a dual-chain approach that will help users stake assets more efficiently and at a lower cost. With the help of liquid staking, users can stake tokens without losing their liquidity. This means that their assets can be used or traded elsewhere, without sacrificing the rewards.
In order to help users access Shibarium seamlessly, K9 provided a guide that will help manually add the Shibarium Network to digital wallets. Users can click the link https://chain.shibrpc.com and then tap into the full capabilities of the Shibarium network without additional complexity.
On another note, K9 Finance is offering a daily giveaway of $100 in $KNINE tokens. Participants are asked to repost the official announcement and tag three friends to enter.
K9 has earned a great reputation for itself for its decentralized finance (DeFi) initiatives and growing community of investors. With Shibarium, a Layer 2 network, things have gotten a lot more interesting. The company, which passed its Smart Contract Audit in August, is reportedly preparing for expanded use cases and offering users new ways to interact with their $BONE tokens and participate in DeFi.
The team is also gearing up for its weekly DAO, as announced in its social media post. In an earlier interview with The Shib Daily, Buzz, the pseudonymous founder and developer of K9 Finance, talked about DAO’s key role in maintaining decentralized governance within the crypto ecosystem.
$KNINE, the native token of K9 Finance, is available on various exchanges.
Read More
- Buzz Reaffirms Crucial Role of K9 Finance DAO in Supporting Decentralized Governance
- $KNINE Gains Momentum on Stocktwits: A Growing Trend in the K9 Partnershib
- K9 Finance Gears Up to Reveal Game-Changing Staking for the Shiba Inu Ecosystem
Gairika holds positions in BTC. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications 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.
