ShibaSwap

Bone ShibaSwap (BONE) is the ShibaSwap decentralized exchange ([DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex)) governance token with voting functionality. BONE allows the Shiba Inu community, also known as Shib Army, to vote on upcoming proposals, submit proposals and access future [NFTs](https://coinmarketcap.com/alexandria/glossary/non-fungible-token). The more BONE tokens users have, the more significant their votes are. BONE is the [Ethereum](https://www.coinlive.com/coin/ethereum)-based token in the Shiba ecosystem, including [Shiba Inu (SHIB)](https://www.coinlive.com/coin/shiba-inu) and [Doge Killer (LEASH)](https://www.coinlive.com/coin/doge-killer) tokens. According to the Shiba Inu website, SHIB is the "[Dogecoin](https://www.coinlive.com/coin/dogecoin) (DOGE) killer." Due to its popularity, the project is the second-largest dog-inspired [memecoin](https://coinmarketcap.com/alexandria/glossary/memecoin) in the crypto space. The ShibaSwap exchange was launched on July 7, 2021 to allow platform users to trade their SHIB tokens for other cryptos. BONE is a middle link in the ecosystem. On ShibaSwap, SHIB holders provide liquidity for BONE reward tokens. Users can stake tokens to earn rewards. Rewards depend on the amount and duration of the staked tokens.