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


Followingย the successful release of the Shibarium Layer-2 blockchainย tech beta Puppynet in March, the Shibaย Inuย (SHIB) community seeks cryptocurrency exchanges to list Bone ShibaSwap (BONE). Plentyย 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 Binanceย Cryptoย exchange will list BONE?

Binanceย Cryptoย exchange Can List BONE on Shytoshi Kusamaโ€™s Request

The Shibaย Inuย (SHIB) team confirmed BONE as the only gas cryptoย token for Shibarium transactions and a reward cryptoย 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 yearโ€™s end, most things around the Shibarium blockchainย tech will involve BONE cryptoย token. Inย reality, validators will lock a certain number of BONE cryptoย tokens to provide security and stake BONE throughย staking management contracts on the Ethereumย (ETH) mainnet. Furthermore, delegators will stake BONE into validator nodes inย chargeย of validating transactions. The BONE cryptoย token is available since July 2021 for governance and now for Shibarium.

Similarly, transactions on Shibarium will burn Shibaย Inuย  cryptoย token and helps boost the SHIB price. Regardlessย of so numerous use cases of BONE cryptoย token, Binanceย Cryptoย exchange hasnโ€™t listed the cryptoย token even in its โ€œinnovation zone.โ€ Toย beย ableย to list BONE in a founder hasย toย  submit a listing appย  form.

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Shibaย Inuย (SHIB) community has backed the project and its developers such as Shytoshi Kusama, who is now considered the leader of Shibaย Inuย (SHIB) after founder Ryoshi remains anonymous. As per a Binanceย Cryptoย exchange blog, Shytoshi Kusama can submit a listing appย  form in the absence of Ryoshi.

Or else, Binanceย Cryptoย exchange can list BONE in the โ€œinnovation zoneโ€ allowing only eligible users to trade it. Binanceย Cryptoย exchange will soonerย orย  thereafter list BONE cryptoย token when SHIB developers reveal the Shibarium mainnet release date, which is expected by the end of the year.

Nonetheless, it isย worthย mentioningย that Binanceย Cryptoย exchange moved Shibaย Inuย  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 cryptoย token on a bull run.

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BONE price is asย ofย now currentlyย worth $1.03, up 9 percent in a week after 6 exchanges including OKX and Huobi listed the cryptoย token. Source

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