CandleFocus Shiba Inu Partner K9 Finance Goes Live on DeFiLlama with $1.05M TVL
2024-09-24
Author: Content Editor
K9 Finance, the official liquid staking protocol for Shiba Inu blockchain Shibarium, has been listed on DeFiLlama. This allows users to monitor K9 Finance's activity directly through DeFiLlama's dashboard, indicating a growing interest in the protocol. K9 Finance's financial metrics include a total value locked (TVL) of $1.05 million and $169,860 staked in its KNINE token. Additionally, K9 Finance recently introduced the Bonecrusher liquid staking solution on Shibarium, which saw significant participation with 2.5 million BONE tokens staked and $1.5 million staked in farming knBONE tokens. However, there has been some confusion regarding K9 Finance's ecosystem, with the lead developer of Shiba Inu clarifying that Shiba Eternity is not part of the K9 ecosystem.
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