LOKITOSHI.SHIB retweeted
👇👇👇👀🧐🫡
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!
LOKITOSHI.SHIB retweeted
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!
LOKITOSHI.SHIB retweeted
Replying to @PixelRillaz @TWPicker
LOKITOSHI.SHIB retweeted
Replying to @PixelRillaz @TWPicker
LOKITOSHI.SHIB retweeted
Replying to @PixelRillaz @TWPicker
LOKITOSHI.SHIB retweeted
Replying to @PixelRillaz @TWPicker
LOKITOSHI.SHIB retweeted
Replying to @PixelRillaz @TWPicker
LOKITOSHI.SHIB retweeted
Replying to @PixelRillaz @TWPicker
LOKITOSHI.SHIB retweeted
Replying to @PixelRillaz @TWPicker
LOKITOSHI.SHIB retweeted
Replying to @PixelRillaz @TWPicker
LOKITOSHI.SHIB retweeted
Thank you so much for this amazing coverage of #TehToros in your big $SHIB-related media platform, @justdream! 🫶🫶🫶
Very clear and accurate points. Thank you for all that you do for the entire #ShibaArmy 🥰
Another great piece of content everyone should read. Love it!
Innovation Meets Tradition: The Teh Toros Collection Redefines NFT Ownership in Shibarium shibarmy.co/shibarmy-news/in… #SHIBARIUM #SHIBARMY
LOKITOSHI.SHIB retweeted
Innovation Meets Tradition: The Teh Toros Collection Redefines NFT Ownership in Shibarium shibarmy.co/shibarmy-news/in… #SHIBARIUM #SHIBARMY
LOKITOSHI.SHIB retweeted
With this, Mantra starts to share its revenue with Toros holders and the fulfillment of Participation in the Protocol City begins.
This makes us really excited as this marks the beginning of Mantra's Social Layer.
Now it's time to grow this thing together, #ShibaArmy! 🌊 🫶 🌊




















