As support for Shiba Inu governance token and Shibarium gas token, BONE ShibaSwap (BONE), grows, so will their visibility.
BONE has been added to OKX Africa’s On-chain Earn, a subsidiary of the Seychelles-based centralised cryptocurrency exchange OKX. A Shiba Inu team member named Lucie highlights this encouraging growth on X.
https://x.com/LucieSHIB/status/1753831646011203590?s=20
OKX Chain Users may take advantage of on-chain earning possibilities by using Earn. Users can be rewarded for their involvement in two ways: through proof-of-stake (PoS) and DeFi protocols.
Users that participate in the blockchain network’s validation process pay transaction fees and block rewards, which generate the yield from proof-of-stake (PoS) staking.
Users that stake or provide liquidity to loan pools or decentralised exchanges are rewarded in DeFi protocols.
The Shibarium gas token, BONE, has recently been listed on additional exchanges. In January, BONE was listed on EarnBIT, a recently established cryptocurrency exchange. Shibarium, on the other hand, has crossed 332 million total transactions and is very close to reaching 3 million total blocks. It is still growing in measurements.
As of this writing, BONE has increased by 0.35% over the previous day to $0.547.
Shiba Inu holders urged to beware
Holders of SHIB, BONE, LEASH, and those involved in the Shiba Inu and Shibarium ecosystems are cautioned not to fall for the growing number of phoney accounts that aim to prey on gullible individuals.
Scammers and other bad actors appear to be getting more creative as Shiba Inus gain popularity; some even go so far as to replicate authentic Shiba Inu accounts in order to deceive gullible people.
This development is brought to light by Shibarmy Scam Alerts, an X handle that identifies scammers, in the process of reporting a phoney Shiba Eternity account on X.
In light of this, the Shiba Inu community is asked to constantly double-check information and interact on social media with verified accounts and individuals.
