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Bone ShibaSwap


8/15/2022, 1:06:54 AM

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Bone ShibaSwap is on the rise this week.

The price of Bone ShibaSwap has risen by 1.31% in the past 7 days. The price increased by 3.69% in the last 24 hours. In just the past hour, the price shrunk by 0.85%. The current price is $1.040167 per BONE. Bone ShibaSwap is 97.50% below the all time high of $41.67.

The current circulating supply is 6,975,299.515 BONE.


What Is Bone ShibaSwap (BONE)?

Bone ShibaSwap is an integral part of the innovative reward system offered by ShibaSwap. ShibaSwap is a decentralized exchange (DEX) provided by the Shiba token, a meme token that evolved into an ecosystem. ShibaSwap is dedicated to building the prime Decentralized Ecosystem (DECO). ShibaSwap aims to provide a secure place to trade valuable crypto assets while remaining decentralized

ShibaSwap comprises three tokens: SHIB, LEASH, and BONE to create the next evolution in DeFi platforms. ShibaSwap allows users to DIG (provide liquidity), BURY (stake), and SWAP tokens to gain WOOF through the platform's income reward system. ShibaSwap platform allows users to access upcoming NFTs (non-fungible tokens) and additional tools such as portfolio trackers to make navigating the crypto world intuitive and straightforward.

According to the whitepaper, Bone ShibaSwap is designed to fit perfectly between the previous two tokens regarding circulation supply. Moreover, the token is a governance token that aims to allow the Shiba users to vote on the upcoming proposal on Doggy DAO (Decentralized Autonomous Organization). A governance token is a token that empowers its owners to participate in the voting to shape the future of a protocol. Doggy DAO is the ShibaSwap platform's DAO. The number of BONE tokens a token owner holds defines the vote's weightage in the upcoming endeavors. 

The ShibaSwap platform allows BONE token holders to earn rewards for providing liquidity to the network. Platform users can swap their ERC20 tokens for other coins. BONE owners can also stake tokens to gain returns. The platform offers a feature called Bonefolio that provides analytics for ShibaSwap. The platform has allocated 10 percent of the revenue generated to the multi-sig-controlled treasury or developers' fund. 

History of Bone ShibaSwap (BONE)

The whitepaper was published on April 29, 2021. Ryoshi is the founder of the ShibaSwap platform and the Shiba Inu. Further, the total supply of BONE tokens is 250,000,000 BONE.

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