Swype

Common question I get is "how big can @K9finance be for @Shibtoken" but more specifically $BONE & #Shibarium Let's break it down Note: these metrics are rough estimates $BONE delegated on ETH = 24 million $BONE staked on @ShibaSwapDEX on ETH (no APY) = 11.5 million Average % of L2 token used to delegate on other chains = 30% % of BONE delegated NOW = 10% So to summarize: - there is currently 35.5 million BONE currently delegated / staked ($22 million USD) - these stakers / delegators on average earn < 5% - these stakers / delegators (when K9 launches) could immediately use K9 and get more yield + a liquid staking token, that will represent that $22 million of TVL directly on Shibarium Now, imagine we (as the Shibarium community) were to reach industry averages. $BONE mCap as of today is approx $155M If we can reach just the industry average that is $50M of BONE that can be used within the K9 platform, which in turn would mint $50M of $knBONE directly on Shibarium for immediate liquidity to Shibarium Right now the Shibarium TVL is just above $1m - this would be a 50x in TVL just for hitting industry-standard metrics I'm making myself bullish for #Shibarium!