K9 Finance DAO’s Lock and Earn offers flexible staking for KNINE holders with high BONE rewards.
Lock and Earn provides customizable lock periods for tailored investment strategies on ShibariumNet.
The Shiba Inu ecosystem sees increased investor interest with the launch of flexible staking options.
LucieSHIB, a market lead at Shib.io, has expressed strong confidence in the ecosystem’s future. In a parallel development, K9 Finance DAO (KNINE) has announced the launch of “Lock and Earn,” the official liquid staking solution for the Shiba Inu ecosystem on ShibariumNet (PuppyNet).
The amount of crypto mess on my timeline makes me more bullish on the $Shib Ecosystem and #Shibarium than ever.$Knine team too!
— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) June 20, 2024
The new product, Lock and Earn, targets long-term KNINE holders who want to maximize their BONE rewards through flexible staking options. This innovative system allows KNINE holders to lock their tokens for predetermined periods, with the potential to earn attractive BONE rewards. The longer the lock duration, the higher the BONE annual percentage yield (APY) multiplier.
Product Update Video: Locking $KNINE 🧑🌾You've asked — We've delivered 🐶Presenting Lock & Earn 👇👇👇✅Lock Your $KNINE for Real Yield 🔒✅Longer locking earns higher $BONE APY Multiplier✅Custom locking periods for holdersNow Live on @ShibariumNet PuppyNetAre you a… pic.twitter.com/xridc2xbdK
— K9 Finance DAO (@K9finance) June 18, 2024
Lock and Earn accommodates various investment strategies. Whether users prefer shorter lock periods for immediate liquidity or longer lock-ins for maximized BONE yield, the system offers the flexibility they desire. This approach eliminates the rigidity of traditional staking options, providing a range of custom locking periods. This allows investors to tailor their staking strategies to individual needs and risk tolerance.
Lock and Earn is now live and operational on ShibariumNet. This official layer-2 scaling solution for the Shiba Inu ecosystem ensures a secure and efficient staking experience for all KNINE holders. The deployment of this product represents a significant step in the decentralization efforts within the Shiba Inu community.
The K9 Finance price is $0.000023, with a 24-hour trading volume of $656,297. The price has decreased by 3.55% in the last 24 hours. Despite this, its market cap is $3,196,436, with a circulating supply of 136,365,133,176 KNINE coins and a maximum supply of 999,999,999,999 KNINE coins.
The Shiba Inu community remains optimistic about the future, with Lock and Earn providing a new avenue for growth and rewards. The flexibility offered by this new staking option is anticipated to attract interest from the community, reinforcing the bullish sentiment expressed by LucieSHIB.
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