BONE SHIBASWAP

What is BONE and how Does It Work?

Shibaswap is a decentralized exchange and automated market maker that operates on the Ethereum blockchain, which eliminates the reliance on a centralized intermediary for token transactions. It was initiated by the Shiba Inu community and offers the use of Shiba Inu (SHIB) token in scenarios through components such as token swapping, yield farming, and staking. It encourages engagement with various tokens, namely SHIB, LEASH, and BONE, through its operating model. It uses liquidity pools where token contributions can be made to ease trading. Those who contribute to these pools are given LP, or Fluidity Provider tokens, which have staking capabilities. The platform’s governance component allows for voting on proposals and decisions linked with the platform's progression. Additionally, it uses a burning mechanism where SHIB tokens get purchased and discarded, employing transaction fees, thereby influencing the number of tokens available.

The Vision and Mission Behind BONE

BONE is a utility token based on Ethereum that operates within the shibarium system and provides those who hold it with governance aspects, giving them an opportunity to participate in decision-making via voting processes. In addition, BONE presents a staking feature for users. BONE also incorporates a burn rate, thus modifying its volume over a period of time and introduces certain deflationary elements. The main aim of BONE is to streamline transactions within shibarium and facilitate its decentralized financial services. The role of BONE and the opportunities for user involvement align with shibarium emphasis on community interaction and equal opportunities, allowing you to be involved in the platform's growth and evolution. There is also a degree of involvement on the part of traders on the platform.

How to Buy and Store BONE?

To purchase BONE, Flooz.xyz offers a streamlined process. Flooz.xyz provides a one-stop solution to buy BONE, using a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet ensures seamless BONE transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz. This also ensures that you have access over your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your trades.

BONE Metrics:

• Current price: $0.3435

• Market cap: $85.84 M

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $95.62 k