June 10, 2024 – WEEX, a leading cryptocurrency exchange platform, has announced a strategic partnership with K9 Finance DAO to launch projects on Shibarium, an Ethereum Layer 2 blockchain.
WEEX selects premium projects from the thousands available on the Shibarium chain for its Launchpad and will list them on WEEX, supporting the Shiba Inu (SHIB) community. Shiba Inu development advocates have identified WEEX as the primary platform for all new qualified projects emerging from Shibarium hackathons and developer communities worldwide.
Additionally, Andrew Weiner, VP of WEEX Global, will attend the Blockchain Futurist Conference, sponsored by Shiba Inu and K9 Finance DAO, in Toronto on August 13-14, 2024. K9 Finance DAO (KNINE), as the first collaborative project, will mark the beginning of this deep partnership.
Shibarium is an Ethereum Layer 2 scaling solution designed to address high gas fees and slow transaction speeds within the SHIB ecosystem. It utilizes the BONE token for gas fees, offering faster transaction speeds and lower costs. K9 Finance DAO is the official DeFi protocol of SHIB, aiming to bring decentralized finance to Shibarium and incentivize developers to build products on Shibarium through rewards. Over the next 12 months, hundreds of projects are expected to be created on Shibarium.
The WEEX Launchpad is a key use case for WEEX’s platform token, WXT, offering exclusive airdrops of popular projects to WXT holders.
WEEX, SHIB, and K9 Finance DAO are sponsors of the Blockchain Futurist Conference and ETHToronto this year. Come meet the team at their booths and cabanas and hear about the latest announcements on stage.
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