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International Business Times
International Business Times
Business
Marvie Basilan

K9 Finance's $KNINE Token: Reshaping DeFi On Shibarium, One Block At A Time

Shibarium DeFi
K9 Finance is a liquid staking derivative (LSD) platform tailor-built for #shibarium. (Credit: K9finance/X)

KEY POINTS

  • $KNINE is expected to drive more interest and activity on the Shib ecosystem
  • $BONE holders will be able to delegate on ETH and receive an LSD token in return directly on Shibarium
  • Liquid staking on Shibarium will "lift all boats in the Shib ecosystem": K9 Finance founder Buzz

K9 Finance, a liquid staking derivatives (LSDs) platform for leading layer-2 scalability solution Shibarium, is once again making headlines in the decentralized finance (DeFi) realm as it gets closer to the launch of its utility token, $KNINE – the first of its kind in the Shib ecosystem.

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