Michaela
K9 Finance DAO has resumed liquid staking for BONE tokens, enabling users to convert BONE into knBONE nearly instantly while participating in the Shibarium ecosystem.
Key points:
- K9 Finance DAO has resumed BONE liquid staking, allowing users to stake BONE and receive knBONE almost instantly, restoring one of Shibarium’s key DeFi functions.
- Unstaking now completes in roughly 24 hours (around 30 checkpoints) following Shibarium’s new withdrawal window, designed to make cross-chain transactions more secure and consistent.
- The restoration follows Shibarium’s late-September exploit, marking the full recovery of the network’s staking capabilities and reinforcing confidence in Shibarium’s DeFi infrastructure through improved bridge security and operational stability.
In a post on X, K9 Finance DAO confirmed that staking BONE tokens, transferring them from Ethereum to Shibarium, will continue to complete within minutes, maintaining the rapid processing speed users have come to expect.
Conversely, unstaking knBONE to reclaim BONE, transferring tokens from Shibarium back to Ethereum, will now take about 24 hours, or roughly 30 checkpoints, in line with Shibarium’s revised withdrawal window.
“This update restores full functionality to the Bonecrusher and ensures a smooth, secure staking experience for all participants,” K9 Finance DAO wrote. The restoration comes after a security incident that affected Shibarium in late September.
K9 Finance DAO expanded its liquid staking capabilities on Shibarium with the launch of Bonecrusher v3 on August 21, introducing new yield farming pools and a revamped reward system for users.
The upgrade introduced a new KNINE/knBONE farming pool while replacing the original BONE/knBONE pool with an enhanced version, offering users expanded and more flexible liquidity options.
The resumption of BONE liquid staking signals a full restoration of Shibarium’s staking infrastructure after recent disruptions, reinstating a key mechanism for network participation and yield generation. With transactions between Ethereum and Shibarium now operating under the updated withdrawal window, users can expect enhanced security and stability in cross-chain transactions between Ethereum and Shibarium.
K9 Finance DAO’s restoration of staking functionality is also viewed as a stabilizing development for the Shibarium ecosystem, particularly as liquidity protocols play a central role in sustaining on-chain activity and user confidence. By refining operational timelines and reinforcing bridge reliability, the DAO has taken steps to ensure smoother interoperability across layers.
As Shibarium continues to mature, the return of BONE staking not only strengthens decentralized finance (DeFi) utility on the network but also reflects growing momentum toward a more resilient, user-driven ecosystem built around transparency, accessibility, and cross-chain flexibility.
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Michaela 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 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.
