K9 Finance DAO Unleashes Bonecrusher v3: Game-Changing Pools Hit Shibarium
SHIBARUM JUST GOT SHARPER TEETH
The DeFi landscape shifts as K9 Finance DAO drops Bonecrusher v3—adding serious liquidity firepower to Shibarium's ecosystem. No more scratching at closed doors.
LIQUIDITY MINING GETS AN UPGRADE
New pools mean fresh yield opportunities. Stake, farm, compound—rinse and repeat. The mechanism cuts gas fees while boosting APY potential across Shibarium's native assets.
BEYOND MEME STATUS
Shibarium isn’t just dog-themed hype anymore. With v3, it’s building real utility—one leveraged pool at a time. Because what’s better than memes? Memes that print money. (Until the next ‘rug pull’ narrative drops, anyway.)
In Brief
K9 Finance DAO is expanding its liquid staking offerings on Shibarium with its Bonecrusher v3 upgrade. The major update, which went live on August 21, brings new yield farming pools to the network’s largest protocol by total value locked (TVL) and overhauls its reward structure for participants.
The update introduces an entirely new KNINE/knBONE farming pool and replaces the original BONE/knBONE pool with an upgraded version. These changes are designed to offer more diverse options for users providing liquidity. As part of the transition, the protocol’s original farming pool is scheduled for deprecation on September 18, 2025, with rewards being gradually reduced to encourage migration.
What is Bonecrusher?
Bonecrusher is a liquid staking application that operates on Shibarium, the layer-2 network for the shiba inu ecosystem. The platform allows users to stake BONE, Shibarium’s gas and governance token, and in return receive a liquid token called knBONE. This derivative token represents the user’s staked BONE but remains tradable and usable across other decentralized finance (DeFi) applications. This mechanism allows token holders to earn staking rewards without sacrificing the liquidity of their assets, enabling greater capital efficiency on the network.
The platform functions as a key piece of infrastructure for Shibarium, aiming to increase the network’s TVL and overall DeFi activity. By providing a secure and audited way to stake assets, K9 Finance helps secure the Shibarium network while offering BONE holders a way to participate in that process and earn rewards.
New Rewards and Future Plans
According to the announcement, the new BONE/knBONE pool will inherit the 800 esKNINE per second emission rate of its predecessor, while the new KNINE/knBONE pool will launch with a rate of 150 esKNINE per second. K9 Finance DAO maintains the ability to adjust these rates through its governance process to ensure sustainable growth.
FOR IMMEDIATE RELEASE
K9 Finance DAO Announces Bonecrusher v3 Upgrade, Expanding Liquid Staking Ecosystem on Shibarium
[August 20, 2025] – K9 Finance DAO, the leading liquid staking protocol on Shibarium and #1 by Total Value Locked (TVL), today announced the launch of…
“Bonecrusher v3 represents both an evolution and a foundation,” K9 Finance developer Buzz said in a statement. “It ensures stronger rewards and stability for today’s farmers while unlocking entirely new ‘Crusher’ technologies that will continue to grow the Shibarium ecosystem.”
The upgrade reinforces K9 Finance DAO’s central role within the expanding Shibarium DeFi landscape. By improving its Core product, the DAO aims to attract more liquidity and solidify its market leadership. As of the announcement, the protocol reported a TVL of over $3.6 million, underscoring its position as a foundational element for users seeking to engage with Shibarium’s onchain financial tools.
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Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
