The Shibarium network is about to introduce liquid staking into its operations, with the Shiba Inu community expressing its readiness for the new system, expected to launch on September 18. Shibarium, a second-layer solution for Shiba Inu and other tokens, will integrate liquid staking, a crucial milestone according to Shiba Inu's marketing lead, Lucie. This integration is made possible through K9 Finance, the Liquidity Staking Derivatives (LSD) platform within the Shiba Inu ecosystem.

In traditional staking, users cannot trade their cryptocurrencies while they are locked up. However, with the knBONE token, users can continue to utilize their funds. This means they can trade their tokens or use them as collateral across various DeFi (decentralized finance) platforms. As a result, members of the Shiba Inu community can participate in a variety of activities without needing to lock up their funds, giving them the opportunity to earn more.

A key component of this liquid staking system is the BONE crusher feature. After a successful testing phase that began at the end of July, K9 Finance opened the testnet to the public. This allowed users to provide feedback and improve the system. The initial participants, known as 'whales,' who hold at least 400 million KNINE DAO tokens, were allowed to earn knBONE and deposit BONE.

The launch of the Shibarium mainnet on September 18 marks the start of the second phase of the network plan. This phase, named "Boro," means that the liquid staking product will be fully operational within the Shibarium system. This is an important step towards fully integrating liquid staking into the Shiba Inu ecosystem.