Bone ShibaSwap (BONE) offers governance voting, staking rewards, and a decentralized exchange for the Shiba Inu ecosystem. More
Fully Diluted Valuation | $40.91M |
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24H Trading Volume | $2.93M |
24H Low / High | $0.16 / $ 0.17 |
Circulating Supply | 249.89 M |
Total Supply | 250.00 M |
Max Supply | 250.00 M |
Categories | Meme 5 more |
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Founder | Anonymous |
Website | shibaswap.com |
Socials | 1 more |
Chains | Ethereum Ecosystem |
Explorer | Arkhamintelligence 3 more |
Contracts |
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Name | Pair | OG Score |
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Bone ShibaSwap (BONE) Overview
Governance Token and Staking Rewards
Bone ShibaSwap (BONE) is a key component of the Shiba Inu project, alongside SHIB and LEASH. BONE serves as a governance token within the ShibaSwap decentralized exchange platform, empowering holders to participate in voting on proposals within the ecosystem. Additionally, BONE is utilized as a staking token in ShibaSwap's liquidity pools, enabling users to earn rewards. The token's supply dynamics are influenced by its role within ShibaSwap, with block rewards distributed to liquidity providers and stakers on the platform.
Strategic Positioning and Voting Weight
With a total supply of 250,000,000 tokens, BONE is strategically positioned between the circulation supplies of SHIB and LEASH. Holding more BONE increases a user's voting weight in future governance decisions, aligning with the project's commitment to community-driven governance.
Functionalities and Ecosystem Integration
ShibaSwap offers users a range of functionalities, including DIG (providing liquidity), BURY (staking), and SWAP (token exchange), all of which contribute to earning $WOOF returns through a unique passive income reward system. Additionally, the platform provides access to upcoming NFTs and features such as portfolio trackers, enhancing the overall user experience in the crypto space.
Founding and Launch
Founded by the anonymous individual or group known as Ryoshi in 2020, the Shiba Inu project introduced BONE in conjunction with the launch of ShibaSwap in July 2021. The project aims to create a metaverse platform integrating SHIB, LEASH, and BONE, with the vision of developing the "best Decentralized Ecosystem (DECO) on the planet."
Governance and User Engagement
BONE's role as a governance token allows owners to engage in governing activities, propose future developments, and vote on the decentralized autonomous organization (DAO) known as Doggy. Users can participate in various activities on the platform, including providing liquidity, staking tokens, swapping ERC-20 tokens, earning rewards, migrating Uniswap V2 liquidity to ShibaSwap for additional BONE, and utilizing BONEFOLIO for analytics.
Bone ShibaSwap (BONE) stands out for its innovative governance token system, allowing users to actively participate in shaping the future of the Shiba Inu ecosystem through voting and proposals.
Bone ShibaSwap (BONE) was founded by an anonymous individual or group known as Ryoshi, who also founded the Shiba Inu project in 2020.
You can buy Bone ShibaSwap (BONE) on MEXC, Gate.io, HTX, Crypto.com, CoinW cryptocurrency exchanges.
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