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Information

Data from
Issue Time
1970/01/01
Initial Price
US $ 0.28994396
Circulation/Max
229.92M/250.00M
Dominance
0.01%
ROI+ 8,151.00%
$0.28994396$41.67355339
Low · 2022/05/122022/05/12 · High

Information

What is the description of the coin?

$BONE is the governance token of the ShibaSwap ecosystem, enabling the #ShibArmy to vote on future proposals. The voting power of users is determined by the amount of BONE they hold. With a total supply of 250,000,000 tokens, BONE fills the gap between the previous two tokens in terms of circulation supply. 

ShibaSwap, the next generation DeFi platform, is formed by the combination of $SHIB, $LEASH, and $BONE. It offers users the ability to DIG (provide liquidity), BURY (stake), and SWAP tokens to earn $WOOF Returns through an innovative passive income reward system. Additionally, the Shiba Inu platform provides access to upcoming NFTs and useful tools like portfolio trackers, making it easy and intuitive to navigate the crypto world.

Answers

What Is Bone ShibaSwap (BONE)?

Bone ShibaSwap (BONE) is the governance token of the ShibaSwap decentralized exchange (DEX) that allows the Shiba Inu community, also known as Shib Army, to vote on proposals, submit proposals, and access future NFTs. The more BONE tokens users hold, the more significant their votes become.

BONE is an Ethereum-based token in the Shiba ecosystem, which includes Shiba Inu (SHIB) and Doge Killer (LEASH) tokens. SHIB is referred to as the "Dogecoin (DOGE) killer" and is currently the second-largest dog-inspired memecoin in the crypto space.

ShibaSwap was launched on July 7, 2021, enabling platform users to trade SHIB tokens for other cryptocurrencies. BONE serves as a middle link in the ecosystem, where SHIB holders provide liquidity for BONE reward tokens. Users can stake tokens to earn rewards, with the amount and duration of staked tokens determining the rewards.

Who Are the Founders of Bone ShibaSwap?

The Bone ShibaSwap project was established by the team behind Shiba Inu (SHIB), which was founded in 2020 by an anonymous individual or group known as Ryoshi.

BONE was introduced to the community concurrently with the launch of the decentralized exchange (DEX) ShibaSwap in July 2021.

What Makes Bone ShibaSwap (BONE) Unique?

The ShibaSwap team is developing a metaverse platform that combines three tokens, SHIB, LEASH, and BONE, with the goal of creating "the best Decentralized Ecosystem (DECO) on the planet."

BONE is a governance token for ShibaSwap, allowing owners to participate in governing activities, propose future development, and vote on the decentralized autonomous organization (DAO) known as Doggy.

On the platform, users can DIG (provide liquidity as SSLP), BURY (stake SHIB, LEASH, BONE), SWAP ERC-20 tokens and receive WOOF returns (rewards), FETCH (migrate Uniswap V2 liquidity to ShibaSwap and earn additional BONE), and utilize BONEFOLIO (analytics for ShibaSwap).

Shiba Inu is currently the second most valuable memecoin by market capitalization, with a value of $5.2B and reaching a peak of $40B in the past.

How Many Bone ShibaSwap (BONE) Coins Are There in Circulation?

Bone ShibaSwap (BONE) is the governance token for the Shiba universe based on the ERC-20 standard. It can be traded on its own DEX, ShibaSwap, where Shib Army members can exchange tokens for listed digital assets.

The maximum supply of Bone ShibaSwap is 230,000,000 coins, with 229,923,351 BONE currently in circulation as of May 2023.

According to the document posted on GitBook, 10% of all emissions are allocated to the Multisig-controlled treasury/Development Fund, and 0.05% of the exchange trade fees are awarded to holders of the tBONE token. Approximately 13,824,000 BONE tokens are released monthly for stakers and liquidity providers (LPs).

How Is the Bone ShibaSwap Network Secured?

Bone ShibaSwap (BONE) is an ERC-20 token based on the Ethereum blockchain, secured by the Proof-of-Stake (PoS) consensus algorithm, with a set of decentralized nodes validating transactions. Additionally, all tokens in the Shiba ecosystem (SHIB, LEASH, BONE) and the Bone ShibaSwap smart contracts have been audited by CertiK.

Where Can You Buy Bone ShibaSwap (BONE)?

As of May 2023, Bone ShibaSwap (BONE) is available for trading on ShibaSwap, Uniswap (V3), Gate.io, Poloniex, Bitget, and other platforms.

To stay updated on BONE prices in real-time, you can download the CMC mobile app and track the live prices of BONE, BTC, and other cryptocurrencies.

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