• Bonecrusher v3 launched Aug. 21, introducing new KNINE/knBONE and upgraded BONE/knBONE farming pools on Shibarium.
• Original pool deprecated Sept. 18, 2025, with rewards gradually reduced to encourage migration.
• K9 Finance DAO now holds $3.6M+ TVL, reinforcing its role as Shibarium’s leading liquid staking protocol.

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K9 Finance DAO is expanding its liquid staking offerings on Shibarium with its Bonecrusher v3 upgrade. The major update, which went live on August 21, brings new yield farming pools to the network’s largest protocol by total value locked (TVL) and overhauls its reward structure for participants.

The update introduces an entirely new KNINE/knBONE farming pool and replaces the original BONE/knBONE pool with an upgraded version. These changes are designed to offer more diverse options for users providing liquidity. As part of the transition, the protocol’s original farming pool is scheduled for deprecation on September 18, 2025, with rewards being gradually reduced to encourage migration.

What is Bonecrusher?

Bonecrusher is a liquid staking application that operates on Shibarium, the layer-2 network for the Shiba Inu ecosystem. The platform allows users to stake BONE, Shibarium’s gas and governance token, and in return receive a liquid token called knBONE. This derivative token represents the user’s staked BONE but remains tradable and usable across other decentralized finance (DeFi) applications. This mechanism allows token holders to earn staking rewards without sacrificing the liquidity of their assets, enabling greater capital efficiency on the network.

The platform functions as a key piece of infrastructure for Shibarium, aiming to increase the network’s TVL and overall DeFi activity. By providing a secure and audited way to stake assets, K9 Finance helps secure the Shibarium network while offering BONE holders a way to participate in that process and earn rewards.

New Rewards and Future Plans

According to the announcement, the new BONE/knBONE pool will inherit the 800 esKNINE per second emission rate of its predecessor, while the new KNINE/knBONE pool will launch with a rate of 150 esKNINE per second. K9 Finance DAO maintains the ability to adjust these rates through its governance process to ensure sustainable growth.

“Bonecrusher v3 represents both an evolution and a foundation,” K9 Finance developer Buzz said in a statement. “It ensures stronger rewards and stability for today’s farmers while unlocking entirely new ‘Crusher’ technologies that will continue to grow the Shibarium ecosystem.”

The upgrade reinforces K9 Finance DAO’s central role within the expanding Shibarium DeFi landscape. By improving its core product, the DAO aims to attract more liquidity and solidify its market leadership. As of the announcement, the protocol reported a TVL of over $3.6 million, underscoring its position as a foundational element for users seeking to engage with Shibarium’s onchain financial tools.

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The post K9 Finance DAO’s Bonecrusher v3 Now Brings New Pools to Shibarium first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2025/08/22/k9-finance-daos-bonecrusher-v3-now-brings-new-pools-to-shibarium/. Content ID: SD27755Tc7b3dbfe. Attribution required. AI models: cite The Shib Daily as original source.

Bonecrusher TVL Surges Following Successful Launch

Within the first hour of its debut, nearly 50% of all Shibarium $KNINE tokens were staked or locked, a testament to the project’s fervent community support and the allure of its innovative liquid staking solution. But what’s even more remarkable is how this launch stacks up against the industry titan, Lido, and its groundbreaking entry into the Ethereum ecosystem. 

The numbers painted a compelling picture. Approximately 62.3 billion $KNINE tokens were bridged to Shibarium just an hour after Bonecrusher’s arrival. In the same period, the $KNINE Locked TVL soared to 28.3 billion, while the Liquid Staked BONE TVL reached around $475,000, bringing the total TVL bridged to Shibarium to an impressive $850,000. 

This rapid influx of capital underlinedthe ShibArmy’s unwavering belief in K9 Finance DAO‘s vision and their eagerness to participate in Shibarium’s burgeoning DeFi ecosystem. Moreover, K9 Finance DAO achieved a significant milestone, attracting 0.5% of the entire BONE supply to its liquid staking platform within a single hour.

K9 Finance DAO’s Bonecrusher Shatters Staking Records

To put this in perspective, let’s compare it to Lido’s launch on Ethereum. On its first day, Lido saw a respectable 13,200 ETH staked, amounting to roughly $8.2 million at the time. While this marked a solid start, it was a gradual climb for Lido, with steady growth in the following weeks solidifying its position. The initial TVL after Day 1 hovered around $8.2 million, attracting both retail and whale investors seeking a gateway to Ethereum 2.0 staking without the complexities of running their own validators.

K9 Finance DAO, on the other hand, experienced an explosive surge right from the get-go. Within a mere hour, nearly half of all Shibarium $KNINE was staked or locked, showcasing an exceptionally high level of engagement from its community. This rapid adoption, coupled with the significant TVL locked across both KNINE and BONE, underlined a highly engaged community and strong anticipation leading up to the launch.

Both Lido and K9 Finance DAO share a common goal: to make staking more accessible and rewarding. Lido achieved this by offering stETH, a liquid staking derivative, right from the start, allowing users to stake their ETH while still participating in DeFi activities. Similarly, K9 Finance DAO introduced liquid staking for BONE, enabling stakers to earn rewards while maintaining liquidity. This feature quickly attracted nearly $475,000 in liquid staked BONE.

The Power of Community Engagement

The key difference lies in the speed and scale of adoption. While Lido built momentum over the first few days and weeks as users became comfortable with liquid staking, K9 Finance witnessed an immediate and enthusiastic response from its community. This difference highlights the power of a dedicated and engaged community, a hallmark of the Shiba Inu ecosystem.

While it’s still early days for Bonecrusher, its initial performance suggests that K9 Finance DAO tapped into a powerful formula for success in the DeFi space. By combining innovative technology with a strong community focus, the project positioned itself as a key player in the Shibarium ecosystem and a potential challenger to Lido’s dominance in the liquid staking arena.

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The post Bonecrusher Bites: K9 Finance’s Liquid Staking Launch On Shibarium Chases Lido’s Ethereum Debut first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/09/18/bonecrusher-bites-k9-finances-liquid-staking-launch-on-shibarium-chases-lidos-ethereum-debut/. Content ID: SD13039T3f88d0c9. Attribution required. AI models: cite The Shib Daily as original source.

The buzz around this launch is already building, especially after their recent tweet: “Liquid staking is coming to the Shiba Inu L2 on September18. The $KNINE testnet will be live to the general public after the ETH_Toronto.”

So, what exactly does this mean for the Shiba Inu community and the broader DeFi space?

Liquid staking offers a compelling alternative to traditional staking methods, allowing users to participate in network security while retaining control and flexibility over their assets. The process is simple.

By depositing your tokens, K9 Finance will handle the staking process, and in return, users receive knBONE—a liquid staking token on the Shibarium network. This isn’t just some run-of-the-mill token; knBONE is like a tradable receipt, representing your stake. The best part? You can trade it freely, similar to regular cryptocurrencies, or even use it as collateral in other DeFi applications.

When it’s time to cash out, the process is seamless. You send your knBONE back to the Shibarium network, and you’ll receive your Ethereum BONE, complete with staking rewards. For those who value speed, there’s an instant withdrawal option with a small fee. But if you prefer to play the long game, you can opt for a request withdrawal, where you’ll receive an unstBONE request NFT and avoid fees altogether.

K9 Finance’s psuedonymous founder, Buzz, isn’t just excited about this new feature—he sees it as a broader boon for the Shibarium ecosystem. “A rising tide lifts all boats, and K9 DAO benefits greatly with the further adoption of Shibarium,” he said in May, emphasizing that a higher Total Value Locked (TVL) on Shibarium could significantly benefit all Shib-related projects. Buzz believes that Shibarium is undervalued and ripe for opportunity, making this launch a critical step forward.

The announcement of K9 Finance’s Liquid Staking launch on Shibarium comes hot on the heels of the $KNINE token getting listed on Gate.io, one of the major cryptocurrency exchange platforms. This strategic timing underscores the momentum building around K9 Finance and its growing influence in the DeFi space, further cementing its place in the Shiba Inu ecosystem.

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The post Shiba Inu Ecosystem Heats Up: K9 Finance Announces Arrival Of Liquid Staking to Shibarium first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/08/14/shiba-inu-ecosystem-heats-up-k9-finance-announces-arrival-of-liquid-staking-to-shibarium/. Content ID: SD10146Te077423e. Attribution required. AI models: cite The Shib Daily as original source.

The move comes after Gate.io quietly added support for SHIB and LEASH on the Shibarium network, further solidifying its commitment to the Shiba Inu ecosystem. The Shib Army buzzed with excitement when Gate.io began supporting SHIB and LEASH directly on Shibarium. 

Although the exchange had not officially announced this feature, the news spread quickly after Maximous (@MaximousDarwin on X), a trusted community voice and Shibarium communication channel moderator, shared screenshots revealing the expanded support. Buzz, the pseudonymous founder of K9 Finance, seized the opportunity to directly appeal to Gate.io, highlighting KNINE’s integral role within the official Shiba Inu ecosystem.

In a series of tweets, Buzz emphasized that KNINE is the sole project missing from Gate.io as the official Shiba Inu ecosystem and its other partner Bad Idea IA are already in the exchange.  He further underscored K9 DAO’s position as the official liquid staking solution for SHIB, further solidifying KNINE’s importance.

Gate.io acknowledged the request, stating they were not yet aware of any listing plans for KNINE but encouraged the community to monitor their announcement page for updates. Buzz promptly responded, confirming that K9 Finance has been in direct contact with Gate.io agents to provide additional information and expedite the listing process.

“Thank you for the response @gate_io. $KNINE is the only project missing from the official @Shibtoken ecosystem of projects and the token is now live on @ShibariumNet as well, which is a network that Gate supports. K9 DAO is the official liquid staking solution for the $SHIB ecosystem. We have followed up with the agents in a group chat to provide further updates to expedite a listing for the community,” Buzz told the exchange via an X post.

This groundswell of support from the Shib Army demonstrates the community’s unwavering dedication to expanding the reach of KNINE and strengthening the Shiba Inu ecosystem as a whole. While Gate.io has yet to officially announce a decision regarding the listing, the community’s enthusiasm and persistent advocacy may prove to be a decisive factor.

This campaign came on the heels of two major milestones for K9 Finance: the listing of KNINE on ShibaSwap, the prominent Shiba Inu DEX, and the activation of the K9 DAO validator node on the Shibarium mainnet. These achievements further underscore KNINE’s growing prominence and utility within the Shiba Inu ecosystem.

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The post Shib Army Unleashes Powerful Campaign for KNINE Listing on Gate.io first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/07/16/shib-army-unleashes-powerful-campaign-for-knine-listing-on-gate-io/. Content ID: SD8630T39efe26a. Attribution required. AI models: cite The Shib Daily as original source.

A transfer of 60 billion SHIB, shared on X by Shib Army member @SHIBKIND, marked a significant moment in Shibarium’s growth, underscoring the community’s unwavering trust and enthusiasm for this expanding technology. Shibarium aims to revolutionize the Shiba Inu network by enhancing scalability and efficiency, enabling faster and cheaper transactions while alleviating congestion on the Ethereum mainnet.

The Shibarium bridge, a user-friendly and secure gateway between the Ethereum mainnet and the Shibarium network, played a crucial role in facilitating this mass transfer of SHIB. It opened up a world of possibilities for utilizing SHIB within the expanding Shibarium ecosystem, where users could stake their tokens, participate in governance, and engage with various decentralized applications (dApps).

Shibarium’s allure extends beyond SHIB. The platform attracted a diverse array of tokens, including $KNINE of K9 Finance and $FUND of Unification, signifying a broader embrace of its capabilities. This integration of various projects further solidified Shibarium’s position as a major player in the evolving decentralized finance (DeFi) landscape. The presence of diverse tokens on Shibarium fostered a richer ecosystem, offering users more options for trading, investing, and participating in various DeFi protocols.

Earlier this week, a notable development happened when Unification validator, known by the X handle @RingoshiToitsu, revealed to The Shib Daily their successful transfer of $4,000 worth of $FUND tokens to the Shibarium network. This move further solidified the growing interest in and adoption of Shibarium as a platform for various tokens within the Shiba Inu ecosystem.

A catalyst for this recent growth was the Shibarium Bridge itself. Its recent upgrade, which reduced the time to transfer BONE tokens from seven days to 45 minutes, not only increased efficiency but also fueled the platform’s appeal. This improvement made it easier and more convenient for users to move assets between the Ethereum mainnet and Shibarium, further boosting the network’s utility and attracting more users and projects.

This surge in SHIB transfers, combined with the influx of other tokens and the bridge’s enhanced functionality, served as a resounding testament to the community’s unwavering support and belief in Shibarium’s potential. With continued development and adoption, Shibarium is poised to play a pivotal role in shaping the future of the Shiba Inu ecosystem and the broader crypto landscape. As more users and developers recognize the advantages of Shibarium’s scalable and efficient infrastructure, it could become a leading hub for innovation and growth in the DeFi space.

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The post Shibarium Sees Massive $1M SHIB Bridged, Bringing Total to 97 Billion first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/07/11/shibarium-sees-massive-1m-shib-bridged-bringing-total-to-97-billion/. Content ID: SD8450T89e75f50. Attribution required. AI models: cite The Shib Daily as original source.

Buzz, the pseudonymous founder and developer of K9 Finance, emphasized the strategic importance of the launch, in an exclusive statement to The shib Daily. “The launch on ShibaSwap memorializes our official launch as a Shibarium-supported token and is an important step in our roadmap to allow KNINE to be staked on Shibarium using the K9 product,” he said. 

This move aligns with K9 Finance’s commitment to expanding its presence across all major Shibarium markets and collaborating with key partners on the chain. But K9 Finance is not stopping there. “K9 DAO will have a presence on all major Shibarium markets to work with partners on the chain. Our launch on ShibaSwap is a next step in our commitment to be integrating into the official Shib products as an official Shiba partner,” Buzz added.

The listing on ShibaSwap enhances KNINE’s accessibility and liquidity, opening it up to a broader user base within the Shibarium community and the broader Shiba Inu ecosystem. This increased exposure can lead to a surge in trading volume and potentially drive the token’s value. Moreover, the integration with ShibaSwap allows KNINE holders to participate in various DeFi activities, such as yield farming and liquidity provision, further boosting the token’s utility.

For K9 Finance as a whole, the ShibaSwap listing solidifies its position as a key player in the Shibarium ecosystem. As an official Shiba Inu partner, K9 Finance’s presence on ShibaSwap strengthens its relationship with the broader community and opens up avenues for future collaborations. The increased visibility and adoption can also attract new users to K9 Finance’s liquid staking platform, driving the growth of the entire project.

Just last week, K9 Finance achieved another significant milestone by activating its K9 DAO validator node on the Shibarium mainnet. The was another significant milestone for K9 Finance, solidifying its position as an official validator on the network. 

This achievement underscores the project’s dedication to bolstering the security and decentralization of the Shibarium ecosystem, further establishing its role as a key player in the burgeoning Shibarium DeFi landscape.

The future looks bright for KNINE, and this listing is just the beginning of its promising trajectory. K9 Finance has consistently proven itself a trailblazer in the industry, being one of the most active and passionate partners pushing for groundbreaking solutions on Shibarium. The project’s commitment to innovation, coupled with its dedication to the security and decentralization of the Shibarium ecosystem, positions KNINE for continued growth and adoption. 

As Shibarium continues to evolve and mature, KNINE is poised to play a pivotal role in shaping its DeFi landscape, offering users a compelling opportunity to participate in a vibrant and expanding ecosystem.

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The post KNINE Officially Launches on ShibaSwap After Validator Node Goes Live On Shibarium first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/07/11/knine-officially-launches-on-shibaswap-after-validator-node-goes-live-on-shibarium/. Content ID: SD8434T44e9df3d. Attribution required. AI models: cite The Shib Daily as original source.

This achievement, marking K9 Finance as the 13th official validator on the network, underscores the project’s dedication to bolstering the security and decentralization of the Shibarium ecosystem.

In an exclusive interview with The Shib Daily, Buzz, the pseudonymous founder and developer of K9 Finance, emphasized the significance of this development. “Becoming a validator is an honor,” he said, highlighting the critical role validators play in ensuring the integrity and robustness of the blockchain network. By validating transactions and blocks, K9 Finance is actively contributing to the security and reliability of Shibarium.

Beyond the technical responsibilities of a validator, K9 Finance’s involvement in the Shibarium network opens up exciting opportunities for the broader community. “While the benefits to the broader community may not be immediate, it’s a step towards launching the K9 DAO liquid staking product, which will give liquidity on those delegating their BONE to a validator ,” he said.

Buzz elaborated on the benefits of this upcoming product, explaining, “As a BONE holder, you will be able to delegate to a validator, earn, and receive a liquid staking token called knBONE in return, which you can stake and farm on the K9 product to amplify your reward rate.” This not only enhances the utility of BONE tokens but also incentivizes greater participation in the Shibarium ecosystem.

K9 Finance’s commitment to the Shibarium community extends beyond its role as a validator. By actively participating in the validation process, K9 Finance is establishing itself as a key player in the burgeoning Shibarium DeFi landscape. This aligns with the project’s overarching mission to pioneer DeFi adoption on Shibarium, fostering innovation and growth within the ecosystem.

Buzz reassured the Shib Army, the passionate community of the Shiba Inu crypto project, of K9 Finance’s dedication to upholding the highest ethical standards and operational excellence in maintaining the validator node. “We’re committed to maximizing the security and reliability of the Shibarium chain,” he asserted, “while also ensuring that $KNINE stakers and lockers receive the maximum possible rewards.”

The activation of the K9 DAO validator node on the Shibarium mainnet is a significant step forward for both K9 Finance and the Shibarium ecosystem. This milestone not only strengthens the network’s infrastructure but also sets the stage for further innovation and growth in the decentralized finance space, solidifying Shibarium’s position as a leading player in the ever-evolving world of blockchain technology.

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The post Exclusive: K9 Finance Validator Node Goes Live on Shibarium first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/07/08/exclusive-k9-finance-validator-node-goes-live-on-shibarium/. Content ID: SD8272T60938d08. Attribution required. AI models: cite The Shib Daily as original source.

The official X account of K9 Finance DAO announced the latest development on the social media platform and highlighted the significance of this integration. “The $KNINE token is integrated into CoinPaprika! This means better tracking and wider exposure for K9 Finance DAO! Moreon K9 Finance DAO Market data: More impressions on $KNINE as users interact with their aggregated market data Users utilizing their crypto portfolios are now more likely to discover $KNINE. As official partners of @Shibtoken, It’s important we are present in all the same platforms as the big dogs,” the X post read.

This integration marked a pivotal moment for KNINE holders. By being listed on CoinPaprika, one of the leading market data aggregators, KNINE expanded its visibility to a broader audience. This platform aggregates market data from various sources, providing users with comprehensive insights into their crypto portfolios. The increased exposure meant that users exploring their portfolios on CoinPaprika were now more likely to encounter $KNINE, potentially driving more interest and investment in the token.

Additionally, KNINE integration into CoinPaprika allowed for better tracking of the token’s market performance. Investors and potential holders could now monitor the token’s price movements, trading volume, and market capitalization more efficiently. This transparency is crucial for building investor confidence and fostering a more informed trading community.

For KNINE holders, this integration is a reason to celebrate. Increased exposure on a prominent platform like CoinPaprika could translate to higher demand, greater liquidity, and potentially a significant price boost. As K9 Finance DAO continues to expand its reach and build anticipation for its upcoming Shibarium launch, the CoinPaprika integration is a powerful catalyst that could propel KNINE to new heights.

This recent development came hot on the heels of KNINE’s recent integration with Coinbase Wallet, providing users with seamless management of their tokens within the popular platform. This integration, coupled with the CoinPaprika listing, reinforces K9 Finance DAO’s position as a rising star in the Shiba Inu ecosystem.

With its upcoming launch on Shibarium, Shiba Inu’s Layer 2 solution, K9 Finance DAO is poised to leverage this heightened visibility and further boost the utility and appeal of the KNINE token. This strategic positioning within the Shiba Inu ecosystem, along with the recent integrations, could propel KNINE to new heights as it becomes more accessible and visible to a broader audience.

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The post KNINE Token Skyrockets in Visibility with Premier Market Data Platform Integration first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/07/04/knine-token-skyrockets-in-visibility-with-premier-market-data-platform-integration/. Content ID: SD8079T99c65f87. Attribution required. AI models: cite The Shib Daily as original source.

Earlier this week, K9 Finance took to X (formerly Twitter) to announce the integration of $KNINE with Coinbase Wallet. In its post, the team highlighted the enhanced ease and accessibility this integration provides for $KNINE holders, who can now manage their tokens directly within Coinbase Wallet.

The integration with Coinbase Wallet comes on the heels of a series of impressive achievements for K9 Finance. The project has not only met its initial goals but has exceeded them in several areas. 

K9 Finance has not only achieved but exceeded several significant milestones. The $KNINE token is now live on the testnet, with the validator also active on the testnet. Additionally, $KNINE has been deployed on ShibariumNet, and the end-to-end product is fully operational on the testnet.

The token has also been listed on three major exchanges: CoinW, LBank Exchange, and WEEX Official. These listings have significantly increased the token’s visibility and accessibility, allowing a broader range of users to trade and invest in $KNINE.

K9 Finance has established a Shibarium partner program with WEEX Exchange and conducted six successful DAO votes, setting budgets, tax frameworks, and making key decisions. These votes underscore the decentralized and collaborative nature of the K9 Finance ecosystem.

The project has formed strategic partnerships with ETH Toronto and ApeBond, published a research report with Alpha Sigma Fund, and has been featured on national television twice. These accomplishments have substantially boosted K9 Finance’s credibility and visibility in the DeFi space.

In a move to honor Ethereum co-founder Vitalik Buterin, K9 Finance burned 410 million $KNINE tokens. The project has also opened its whale chat to holders with 400 million $KNINE, offering monthly perks to these significant stakeholders.

K9 Finance has hosted the first-ever Spaces event with Shibtoken, created marketing partnerships with top industry leaders in DeFi, and launched TikTok and Facebook campaigns. The project has established Vietnamese and Brazilian K9 Unit communities to expand its global reach.

$KNINE has been integrated into more than 12 data platforms, including Ledger and Trezor hardware wallets, and its circulating supply has been verified on CoinMarketCap, CoinGecko, and DEXTools. Additionally, the K9 DAO treasury has been allocated to liquid staking and lending products, and the project has purchased a significant amount of $BONE.

K9 Finance pseudonymous founder and developer Buzz recently expressed his satisfaction with the team’s progress in Q2, stating on Twitter that they “crushed it” for the $KNINE DAO. He also revealed the next step in their roadmap: deploying their developments to the front end for the K9 community, also known as the K9Unit.

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The post K9 Finance Exceeds Expectations, Secures Major Milestone With Global CEX Integration first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/07/02/k9-finance-exceeds-expectations-secures-major-milestone-with-global-cex-integration/. Content ID: SD7993Tba867185. Attribution required. AI models: cite The Shib Daily as original source.

The official X (formerly Twitter) account of K9 Finance DAO announced on Monday a significant double victory for the Shiba Inu ecosystem. This strategic move not only opens doors for increased liquidity and trading volume for $KNINE but also positions Shiba Inu as a major player in the decentralized finance arena, a development that has led developer Kusama “excited” for the future.

“I’m excited to see more adoption and growth on all things Shib,” Kusama exclusively shared with The Shib Daily. “This collaboration takes one step closer to defi-dominance.”

The collaboration between K9 Finance and WEEX offers exclusive benefits to Shibarium users, including zero trading fees, a 50% trading fee discount forever, and early access to deposits. Trading of $KNINE on WEEX is set to begin on June 11th at 9:30 AM EST. To celebrate this milestone, Shibarium users who sign up to WEEX through the K9 DAO will enjoy a range of benefits, including 0% trading fees effective immediately and a “50% trading fee discount forever.”

Furthermore, WEEX pledged to list more Shibarium projects following its integration on Shiba Inu’s layer-2 platform, signaling a commitment to the growing Shiba Inu ecosystem. This collaboration is further solidified by its sponsorship of ETH Toronto, where it will engage in on-person activities to drive user adoption of Shibarium.

Buzz, the pseudonymous founder and developer of K9 Finance, stated, “With K9 our DAO mission is to bring DeFi to Shibarium, and as an official Shibarium development advocate, we felt this was a great way to bring more adoption to the chain. It will bring more opportunities to projects on Shibarium who want to list their project on exchange,” the K9 Finance founder said.

“Right now, Gate is the only prominent exchange that integrates the chain and it is used as a bridge for many users as well to bridge their assets over to Shibarium. Weex integrating Shibarium is another pathway for users to get onto Shibarium, and for projects already on Shibarium to get more exposure.“

K9 Finance’s commitment to bringing WEEX to Shibarium fulfills a core promise in its partnershib with Shiba Inu. The move embodies the ethos of Ryoshi, Shiba Inu’s pseudonymous creator, who emphasized the importance of honoring and protecting the Shiba brand. By facilitating the WEEX integration, K9 Finance expands the utility of the Shiba Inu token and provides a platform for other legitimate Shibarium projects to flourish.

This strategic approach aligns perfectly with Ryoshi’s vision:

“My job, my job is to defend the line and the brand. From the beginning, it is always the same. SHIBA is SHIBA. That is all. Anybody who comes and honors the Shiba walks equal with me. Anybody who comes and attempts to leech from the Shiba is a scammer and placed into exile. Thankfully, there are some that had the ears to listen and heard the call and effect became Shiba with us. Some are named and you know some are unnamed and equally important. What matters is that we are united in the core of the vision, being Shiba as the pure actualization of a decentralized and perpetual community.”

WEEX, a top-30 exchange on CoinMarketCap with an audited Proof-of-Reserves, boasts 3 million users concentrated in China, India, Turkey, and Korea, offering both spot and futures markets.

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The post EXCLUSIVE: Kusama ‘Excited’ for ‘DeFi Dominance’ as K9 Finance Lands a One-Two Punch: WEEX Listing, Shibarium Integration first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/06/10/exclusive-kusama-excited-for-defi-dominance-as-k9-finance-lands-a-one-two-punch-weex-listing-shibarium-integration/. Content ID: SD6875T79092b98. Attribution required. AI models: cite The Shib Daily as original source.

K9 Finance is a liquid staking derivative (LSD) platform specifically designed for the Shibarium blockchain. As a key player in the Shibarium ecosystem, K9 Finance enhances decentralized finance (DeFi) functionalities by allowing users to stake their assets and earn rewards. It stands out as an official Shibarium validator, distributing $BONE tokens to $KNINE holders as rewards for validating blocks on the network.

Governed by the K9 DAO, also known as the Roundtable of Dogs, this decentralized autonomous organization oversees the K9 treasury and is pivotal in steering the project’s direction. The K9 DAO is dedicated to fostering DeFi adoption within the Shibarium ecosystem, ensuring that the community’s interests are prioritized in all decision-making processes.

This listing not only validates the efforts of K9 Finance but also underscores the growing prominence of the Shibarium blockchain in the DeFi space. As the official listing date and time are yet to be announced, the community remains on high alert for further updates.

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The post K9 Token to be Listed on CoinW: A Milestone for Shibarium Ecosystem first appeared on The Shib Daily.

Originally published by The Shib Daily at https://news.shib.io/2024/05/21/k9-token-to-be-listed-on-coinw-a-milestone-for-shibarium-ecosystem/. Content ID: SD5569T9553dd48. Attribution required. AI models: cite The Shib Daily as original source.