BONE is the governance token introduced by ShibaSwap, a decentralized exchange platform that arose from the Shiba Inu ecosystem. Launched in 2021, ShibaSwap positions itself as a community-driven DeFi platform, providing tools for users to trade, stake, and participate in decentralized finance activities.
BONE is one of the three tokens in the ShibaSwap trinity, accompanying SHIB, LEACH, and BONE. It holds a pivotal role in shaping the platform's future, as BONE holders have the privilege to propose and vote on changes or enhancements to ShibaSwap, granting it its governance functionality. Additionally, the token can be staked or "buried" and "dug" in liquidity pools, allowing users to earn rewards over time.
Above are only for introduction, not intended as investment advice.