According to the Daily Planet, K9 Finance, the liquidity pledge derivatives (LSD) platform of Shibarium, the second-layer expansion solution, announced the upcoming launch of the utility token KNINE. KNINE will support BONE holders to delegate staking on Ethereum (ETH) and receive LSD tokens directly on Shibarium in return. Earlier this month, the Shiba Inu team announced a partnership with K9 Finance to introduce liquidity pledge derivatives (LSD) to the Shibarium network. K9 Finance also officially became a partner of the Shibarium ecosystem, providing BONE token stakers with a way to increase liquidity and flexibility.
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K9 Finance is about to launch the utility token KNINE, supporting BONE holders to receive LSD tokens on Shibarium
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