K9 Finance, a liquid staking solution within the Shiba Inu ecosystem, has unveiled two significant updates, including a live demonstration of its Bone Crusher platform and integration into Shibarium’s test network, Puppynet.
K9 Finance Showcases Upcoming Enhancements
K9 Finance has released a detailed tutorial video previewing the features of the Bone Crusher platform, set to be launched in the third quarter of this year. The video highlights wallet connectivity, staking capabilities, advanced token swapping, and an improved reward system to enrich user experience and engagement.
The wallet connectivity feature aims to streamline transactions, while staking BONE tokens directly on the platform enhances network security and user involvement. The token swap function provides users with flexibility in managing knBONE tokens, promoting accessibility in a DeFi setting.
The update’s diversified reward system allows users to claim rewards in KNINE, BONE, and other tokens, encouraging active participation within the ecosystem.
Additionally, K9 Finance has been whitelisted on Shibarium’s Puppynet, expanding its operational scope and reinforcing network security through distributed BONE rewards. A new liquid staking derivative for Shiba Inu on the testnet introduces unique possibilities for future DeFi staking advancements.
The progress on Puppynet aligns with K9 Finance’s roadmap for Q2, reflecting continuous development efforts towards enhancing the staking experience for users.
The founder of K9 Finance, Buzz, expressed excitement over these updates, emphasizing the platform’s commitment to overcoming challenges and expanding its presence within the Shibarium ecosystem.
As of the latest update, Shiba Inu is trading at $0.00002271.
