Shiba Inu

K9 Finance, the official liquid staking partner of Shibarium, has <a href="https://x.com/K9finance/status/1831420613510267028" rel="noopener noreferrer nofollow">confirmed</a> that its Liquid Staking Derivative (LSD) platform will go live on September 18. This launch follows months of development and rigorous security measures. According to a recent announcement on X (formerly Twitter), the K9 team <a href="https://x.com/K9finance/status/1831691299944030212" rel="noopener noreferrer nofollow">declared</a> the completion of a smart contract audit conducted by SourceHat, a well-respected Web3 security platform.The audit focused on ensuring the security and transparency of the K9 staking solution, which will allow users to lock up BONE tokens and receive knBONE, a liquid staking token. The knBONE token will act as a tradable asset within the Shibarium ecosystem, providing users with flexibility in how they manage their staked assets.The Significance of Liquid Staking in ShibariumThis launch is particularly noteworthy as it represents the second phase of K9 Finance’s three-phase project, which began earlier this year. With the September 18 launch, K9 will expand the utility of Shibarium, enhancing both its functionality and security.Liquid staking allows users to stake their tokens while maintaining liquidity, offering the flexibility to trade staked assets without waiting for unstaking periods. The final phase of the project, Caninae, is expected to launch in the fourth quarter of 2024, bringing K9 Finance’s decentralized staking solution to its full potential.<a href="https://cryptotale.org/k9-finances-liquid-staking-launches-on-shibarium-on-sept-18/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

K9 Finance’s Liquid Staking Launches on Shibarium on Sept 18

CryptoTale

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