K9 Finance, the partner of Shiba Inu, has unveiled a preview of its upcoming mobile app, Bone Crusher. The app will allow users to access the staking platform on their mobile devices. K9 shared a video illustration demonstrating how users can stake Bone ShibaSwap (BONE) and earn rewards through the app.
The design of the Bone Crusher decentralized application (dApp) features a visually appealing and user-friendly mobile interface. The homepage of the dApp offers various options such as Stake, Unstake, Claim, Rewards, and FAQ. Additionally, there is a menu button that provides access to other options, including Real Yield Staking and Farming.
To use the K9 mobile app, users need to open the dApp on their mobile device and click on the “connect wallet” button in the top right-hand corner of the screen. They can choose their preferred wallet from the list or use “Wallet Connect” to access other hidden apps on their device. Once the wallet is connected to the K9 liquid staking and derivative platform, users can navigate to the “Stake” window, enter the desired amount of BONE to stake, and click the “Stake” button to complete the transaction.
To withdraw knBONE, users can click on the “Unstake” button at the top of the screen. The withdrawal request will be processed within 3-4 days. Once the request is approved, users can claim their knBONE rewards through the “Claim” window.
Bone Crusher is set to launch on the Shibarium mainnet in Q3 2024, following successful testing of the dApp by the end of this quarter. The V2 launch of Bone Crusher is scheduled for Q4 2024, marking a well-tested liquid staking product on Shiba Inu’s blockchain. The release of Bone Crusher is expected to significantly increase Shibarium’s total value locked (TVL), which currently stands at $2.51 million.
It’s important to note that this article is for informational purposes only and should not be considered financial advice. The views expressed in this article are the author’s personal opinions and do not reflect the opinion of The Crypto Basic. Readers are advised to conduct their own research before making any investment decisions, and The Crypto Basic is not liable for any financial losses.