LOKITOSHI.SHIB

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[LOKITOSHI.SHIB @ICEXPERT1111]

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[Shytoshi Kusama™ @ShytoshiKusama]

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[Buzz 巴斯光年 @buzzdefi0x]

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!

[Adyna.sui @Adynasui]

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[LOKITOSHI.SHIB @ICEXPERT1111]

@PixelRillaz @Rodeeio Nice congratulations 🎉🍾🎈🎊 🦍🍌

[LOKITOSHI.SHIB @ICEXPERT1111]

@elonmusk Freedom of speech! 🫡

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