Shiba

K9 Finance

Shiba Inu

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<p dir="ltr">Shiba Inu (SHIB) is advancing its network push as its latest partner, K9 DAO, has made an important network announcement. The digital currency project has now&nbsp;<a href="https://twitter.com/K9finance/status/1789624563547976028" rel="noopener noreferrer nofollow">landed</a> K9 as a top validator with a focus on the&nbsp;<a href="https://u.today/shibarium-testnet-sets-major-new-record-in-last-five-days-details" rel="noopener noreferrer nofollow">PuppyNet testnet</a>.</p>
<h2 id="shiba-inu-and-security-boost">Shiba Inu and security boost</h2>
<p dir="ltr">Shiba Inu started as a meme coin, however, it has evolved in the past year to become a highly watched proof-of-stake (PoS) protocol. Through Shibarium, the project is looking to revolutionize the smart contracts ecosystem on Ethereum.&nbsp;</p>
<p dir="ltr">As shared earlier by the project, it onboarded K9 Finance DAO as one of its validators. The launch of a validator on PuppyNet marks one of the first attempts by K9 to contribute actively to Shiba Inu’s security.&nbsp;</p>
<blockquote>
 <p lang="en" dir="ltr">⚙️ Development Update ⚙️✅Validator Live on PuppyNet Check it out 👇👇<a href="https://t.co/yf0ekeeScL" rel="noopener noreferrer nofollow">https://t.co/yf0ekeeScL</a> <a href="https://t.co/x3P6m5ZQp7" rel="noopener noreferrer nofollow">pic.twitter.com/x3P6m5ZQp7</a></p>— K9 Finance DAO (@K9finance) <a href="https://twitter.com/K9finance/status/1789624563547976028?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 12, 2024</a>
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<p dir="ltr">PuppyNet is a testing ground for the Shibarium protocol. It helps developers to validate the functionality of updates, products and any innovation they want to upload on the mainnet. Per the update shared, running the validator is a mutually beneficial update for both Shiba Inu and K9 Finance DAO.</p>
<p dir="ltr">While K9 will help keep Shiba Inu secured, the massive SHIB community will also give enhanced visibility to the K9 project. Overall, K9 Finance will be able to distribute BONE rewards to KNINE holders, returning value to its native supporters.</p>
<h2 id="shiba-inu-and-strategic-partnerships">Shiba Inu and strategic partnerships</h2>
<p dir="ltr">Shiba Inu is touted as a major project that can establish itself as a top 10 token. Thus far, the project has maintained its building strategy. At the moment, it has inked strategic partnerships with&nbsp;<a href="https://u.today/shib-partner-bad-idea-ai-bad-announces-major-new-update-see-details" rel="noopener noreferrer nofollow">Bad Idea AI</a> to bring AI capabilities into the ecosystem.</p>
<p dir="ltr">It remains unknown what the roadmap for this partnership is; however, the protocol has expanded its influence with a linkup with&nbsp;<a href="https://u.today/major-ripple-partner-offers-shib-and-doge-gifts-details" rel="noopener noreferrer nofollow">SBI VC Trade</a>, a firm that is driving SHIB adoption through community-driven products and incentive products.</p>
<p dir="ltr">Amid this growing ecosystem of partners, the community is cautioned to stay vigilant for scammers, who might take advantage of the trend.</p>

Shiba Inu Partner Issues Major Development Update

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