Emily Walker
The Shiba Inu community has initiated a petition calling on Binance to list Bone ShibaSwap (BONE), an essential token in the Shiba Inu ecosystem. This action intends to boost the ecosystem’s development and improve the utility of its main tokens—SHIB, BONE, and LEASH.
Hopes for a Successful Petition from the Shiba Inu Team
Lucie (@LucieSHIB), the marketing head for Shiba Inu, shared the news of the petition on X today, highlighting the shared benefits for all ecosystem holders. She emphasized that aiding BONE is not merely a matter of one token, but crucial for “the vitality and expansion of the whole Shib ecosystem.” According to her, the success of BONE is advantageous for all SHIB holders as it fuels Shibarium.
“All SHIB holders gain from BONE’s progress. Why? Because BONE fuels Shibarium, and every transaction on Shibarium contributes to burning SHIB. Increased BONE adoption leads to more Shibarium usage, which translates to greater SHIB burn rates, thereby reducing supply and potentially enhancing value for all holders. Supporting BONE directly aligns with SHIB’s deflationary goals,” Lucie explained.
She noted that LEASH holders would also benefit from BONE’s achievements. LEASH symbolizes exclusivity and rewards within the ecosystem, and the success of Shibarium and BONE enhances awareness and applicability of all three tokens.
“A successful petition for BONE sends a message to major exchanges, projects, and investors that the Shib ecosystem comprises more than just one token—it’s a vibrant community where SHIB burns, LEASH exclusivity, and BONE utility synergize. Such exposure attracts new holders and creates opportunities for all three tokens,” Lucie added.
The petition, initiated by SHIB team member Mazrael Leashtenant on Change.org, specifically requests Binance to include BONE in its listings, emphasizing its importance in transaction processing, network security, and community governance within the Shiba Inu ecosystem. It describes BONE as the gas token for Shibarium, a Layer 2 solution that enables rapid, secure, and cost-effective transactions. With a total supply of 250 million tokens, BONE is vital for paying gas fees, processing transactions, and promoting decentralized operations within the network.
The petition also notes that BONE holders can delegate their tokens to decentralized validators, thus ensuring the security and integrity of transactions on the network. As a governance token, BONE enables holders to influence the ecosystem’s future through proposals and voting. “BONE plays a key role in various decentralized applications, DeFi platforms, Play-to-Earn (P2E) games, and privacy-driven dApps; it is central to the evolving Shiba Inu ecosystem,” the petition mentions.
Reportedly, Shibarium, the Layer 2 blockchain of the ecosystem, has over 1.8 million wallet addresses and has handled 540 million transactions. It supports decentralized exchanges, gaming, and features advanced tools such as homomorphic encryption for privacy-focused applications like Shibdentity and ShyMode.
BONE can be acquired through various platforms, including ShibaSwap DEX, where users can buy it with fiat or other cryptocurrencies, as well as centralized exchanges like MEXC, HTX, OKX, Crypto.com, and Gate.io. The petition argues that listing BONE on Binance would benefit the entire ecosystem by enhancing token accessibility, which would help users, developers, and businesses foster further decentralized innovation.
Historically, the Shiba Inu community has effectively utilized petitions to push for exchange listings and enhance the ecosystem. In early 2021, a united effort resulted in SHIB being listed on Coinbase Pro, significantly improving its visibility and market value. A subsequent large-scale petition was crucial in its addition to Robinhood in April 2022, expanding trading options.
Currently, the petition has collected 75 signatures. Lucie’s message concluded with a rallying phrase: “Let’s demonstrate our unity and ensure that SHIB, BONE, and LEASH fulfill their potential. Together, we rise!”
At the time of this report, SHIB was trading at $0.00002602.
