K9 Finance logo
WebsiteApe Terminal Launchpad

K9 Finance (KNINE)

IDO

K9 Finance is a liquid staking derivative (LSD) platform for the Shibarium blockchain, providing the fundamental cornerstones of real DeFi in the Shibarium ecosystem.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

minotaurus bannerminotaurus banner

Overview

Project industryFinance Services & Banking
Product typePlatform
WhitepaperK9 Finance White Paper Open

What is K9 Finance

K9 Finance is the leading liquid staking solution for Shibarium - providing a simple way to earn with your digital tokens through Real Yield 1 . By staking with K9 Finance your tokens remain liquid and can be used across a range of DeFi applications, getting extra rewards in a variety of manners; including those DeFi protocols that may be built on top of K9 Finance. The general elements of K9 Finance are as follows:

Staking Pool: Protocol to manage deposits, staking rewards, and withdrawals on Shibarium.

knBONE: Unlike traditional $BONE staking, where users cannot access the $BONE they have delegated to a Shibarium validator, users staking $BONE through K9 Finance receive $knBONE in return. Backed 1-to-1 with $BONE, $knBONE is freely transferable, allowing users to continue to use their tokens in other DeFi platforms for leveraging collateral, lending, or farming, while still helping to secure the Shibarium network.

DAO: $KNINE token holders who comprise the leadership of the project to govern the direction.

Validator(s): Entity that manages a secure and stable infrastructure for running a validator client on Shibarium.

Shibarium is and remains a primary focus of K9 Finance. That’s affected the organizational structure - the governance is implemented through ERC20 $KNINE token due to the architecture of Shibarium nodes. Despite being the primary focus, K9 does have the ability to grow outside of the Shibarium ecosystem as well through the DAO governance process to build similar liquid staking infrastructure for other chains.

Details

IDO (Ape Terminal Launchpad): Mar 01, 2024 - Mar 07, 2024
Token supply: 999,999,999,999 KNINE
Total tokens for sale: 243,911,686,775 KNINE
Hard cap: 1,606,399 USD

Legal

Registration year: 2023

Token info

Ticker: KNINE
Type: Utility-token
Token price in USD: 1 KNINE = 0.00001 USD
Token distribution:
Ape Terminal - 1%
Pre Sale - 7.6%
Seed / KOL Sale - 16.79%
Founding & Future Team - 20%
Marketing & Treasury - 34%
Airdrop - 7%
Liquidity - 3.61%
Advisors - 10%

K9 Finance Roadmap

1
Q1 2024
  • DAO formation
  • Branding
  • Social setup
  • SKNINE Pre Sale
  • SKNINE Token Generation Event
2
Q2 2024
  • Architecture Design
  • Audits
  • Testnet Deployment - Hesperocyoninae
  • Bug Bounties
3
Q3 2024
  • K9 Finance v1 launch - Borophaginae
  • Shibarium bridge
  • Shibaswap integration
4
Q4 2024
  • K9 Finance v2 launch - Caninae

Project team

Buzz
Buzz
Buzz twitter
Turbo
Turbo
Turbo twitter
Lucie
Lucie
Lucie twitter
Sentinel
Sentinel
Sentinel twitter
Seth
Seth
Seth twitter
RagnarShib
RagnarShib
RagnarShib twitter
Mr. Lightspeed
Mr. Lightspeed
Mr. Lightspeed twitter
Mahyar
Mahyar
Mahyar twitter
Xanders Shib
Xanders Shib
Xanders Shib twitter
Shane
Shane
Shane twitter
Daisie
Daisie
Daisie twitter
Turtle
Turtle
Turtle twitter
Shima
Shima
Shima twitter

Social media

K9 Finance web-siteK9 Finance RedditK9 Finance TelegramK9 Finance InstagramK9 Finance X (Twitter)K9 Finance Github

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Crypto Projects

Newly Published