- K9 Finance, the liquid staking solution for the Shiba Inu ecosystem, has announced two major updates: a live demo for its Bone Crusher platform and its integration into Shibarium’s test network, Puppynet.
- The update includes a detailed tutorial video that showcases forthcoming features set to enhance the Bone Crusher platform.
- K9 Finance has also been officially whitelisted on Shibarium’s Puppynet, extending the platform’s operational capabilities within the Shibarium ecosystem.
K9 Finance announces major updates for the Shiba Inu ecosystem, including a live demo for its Bone Crusher platform and integration into Shibarium’s Puppynet.
Shiba Inu’s Staking Solution Is Coming
The latest update from K9 Finance includes a detailed tutorial video that showcases forthcoming features set to enhance the Bone Crusher platform. This video serves as a preview, highlighting the capabilities that will be available with the mainnet release scheduled for the third quarter of this year. The new wallet connectivity feature will allow users to link their digital wallets securely with the platform, simplifying transactions and interactions. The upcoming update will also introduce the platform’s staking functionality, enabling users to stake BONE tokens directly through the platform. An advanced token swapping feature will enable users to seamlessly swap knBONE tokens within the platform, offering them greater flexibility in managing their digital assets.
Whitelisting On Shibarium’s Puppynet
Alongside the preview of the Bone Crusher update, K9 Finance has also been officially whitelisted on Shibarium’s Puppynet. This development extends the platform’s operational capabilities within the Shibarium ecosystem. With this whitelisting, K9 Finance can now distribute BONE rewards through its validator, increasing the attractiveness of holding KNINE tokens. The validator’s role is crucial not only for the distribution of rewards but also for enhancing the network’s security and promoting decentralization. A particularly exciting feature announced in conjunction with this development is the introduction of the first and only liquid staking derivative for Shiba Inu on the testnet.
Conclusion
These updates from K9 Finance are significant developments for the Shiba Inu ecosystem. The enhancements to the Bone Crusher platform and the whitelisting on Shibarium’s Puppynet will improve user experience, increase the attractiveness of holding KNINE tokens, and contribute to the decentralized nature of the ecosystem. These features are expected to be available with the mainnet release scheduled for the third quarter of this year.
