Shytoshi Kusama of Shiba Inu May Request Binance to Add BONE – Here’s the Process

Shytoshi Kusama of Shiba Inu May Request Binance to Add BONE - Here's the Process


Following the successful release of the Shibarium Layer-2 blockchain tech beta Puppynet in March, the Shiba Inu (SHIB) community seeks cryptocurrency exchanges to list Bone ShibaSwap (BONE). Plenty of major cryptocurrency exchanges including OKX, Huobi, Crypto.com, Gate.io, and Poloniex have listed BONE.

Now, the community has two questions for lead developer Shytoshi Kusama, when Shibarium mainnet will be released and when Binance Crypto exchange will list BONE?

Binance Crypto exchange Can List BONE on Shytoshi Kusama’s Request

The Shiba Inu (SHIB) team confirmed BONE as the only gas crypto token for Shibarium transactions and a reward crypto token for validators and delegators. Shibarium will offer the advantages of scalability, quicker transaction times, lower charges, and an expanded development framework.

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With the Shibarium mainnet launch expected by the year’s end, most things around the Shibarium blockchain tech will involve BONE crypto token. In reality, validators will lock a certain number of BONE crypto tokens to provide security and stake BONE through staking management contracts on the Ethereum (ETH) mainnet. Furthermore, delegators will stake BONE into validator nodes in charge of validating transactions. The BONE crypto token is available since July 2021 for governance and now for Shibarium.

Similarly, transactions on Shibarium will burn Shiba Inu  crypto token and helps boost the SHIB price. Regardless of so numerous use cases of BONE crypto token, Binance Crypto exchange hasn’t listed the crypto token even in its “innovation zone.” To be able to list BONE in a founder has to  submit a listing app  form.

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Shiba Inu (SHIB) community has backed the project and its developers such as Shytoshi Kusama, who is now considered the leader of Shiba Inu (SHIB) after founder Ryoshi remains anonymous. As per a Binance Crypto exchange blog, Shytoshi Kusama can submit a listing app  form in the absence of Ryoshi.

Or else, Binance Crypto exchange can list BONE in the “innovation zone” allowing only eligible users to trade it. Binance Crypto exchange will sooner or  thereafter list BONE crypto token when SHIB developers reveal the Shibarium mainnet release date, which is expected by the end of the year.

Nonetheless, it is worth mentioning that Binance Crypto exchange moved Shiba Inu  out of the innovation zone on April 18. Listing BONE on the exchange can take time. Nevertheless, the listing will be substantial news for the community and push the crypto token on a bull run.

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BONE price is as of now currently worth $1.03, up 9 percent in a week after 6 exchanges including OKX and Huobi listed the crypto token. Source

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