The Shiba Inu team announced that liquid staking partner, K9 Finance DAO, will make revelation at this year’s ETHToronto conference. They shared this news via their official X handle, hinting at an exciting event for the KNINE and SHIB communities.
Expressing enthusiasm for K9 Finance, the Shiba Inu team highlighted several key milestones achieved by its partner. These accomplishments include launching closed-beta testing for its liquid staking platform, bridging the KNINE token to Shibarium, and becoming an official validator of the L2 scaling solution. The team also encouraged attendees to visit the Shiba Inu and K9 Finance booths at the conference for details on their upcoming reveal.
ETHToronto Conference
The ETHToronto conference is part of the Blockchain Futuristic Conference (BFC) and Canada Crypto Week, scheduled for August 13-14, 2024, in Toronto, Ontario. Interestingly, Shiba Inu will be one of the title sponsors.
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As a sponsor, Shiba Inu will have a booth to showcase its projects and those of its partners, including K9 Finance. Last year, Shiba Inu sponsored ETHToronto, announcing the mainnet launch of their L2 scaling solution, Shibarium.
Shibarium’s Success And Future Plans
Since its debut, Shibarium has processed over 400 million transactions, marking significant progress. This year, Shiba Inu plans another memorable experience, with K9 Finance making a major announcement.
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The K9 team will roll out the second phase of its liquid staking platform in Q3 2024. Moreover, this platform, launching on the Shibarium mainnet, will let users swap their staked BONE tokens for K9’s liquid asset, knBONE.
The upcoming ETHToronto conference promises to be a pivotal event for the Shiba Inu and K9 Finance communities. With significant achievements and exciting future plans, Shiba Inu continues to grow and expand its influence in the blockchain space.
