Shiba Inu Team Says Launching K9 Finance Liquid Staking On Shibarium Tomorrow: Are SHIB Burns Set To Accelerate From Here On Now?
Portfolio Pulse from Benzinga Neuro
The Shiba Inu team announced the launch of the K9 Finance liquid staking platform on the Shibarium network, which is expected to increase the total value locked and transaction volume, potentially accelerating SHIB token burns and enhancing its value.
September 18, 2024 | 6:23 am
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The launch of K9 Finance on Shibarium is expected to increase the total value locked and transaction volume, potentially accelerating SHIB token burns and enhancing its value.
The introduction of liquid staking on Shibarium is likely to increase the total value locked and transaction volume, which are crucial for accelerating SHIB token burns. This reduction in circulating supply could enhance SHIB's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100