Binance, the world’s largest crypto exchange, simply unveiled a recent list of new loanable assets and collateral assets available on flexible loans and VIP loans, and the crypto community is overjoyed about a handful of particular features. The alternative includes the well-known memecoin Shiba Inu as a collateral asset, which has led to discussions for future BONE listing on Binance.
The most recent list of collateral assets includes a number of well-known cryptocurrencies, such as Compound (COMP), Enjin (ENJ), and a number of various tokens, such as IOTA, RLC, HOT, THETA, and IOST.
Furthermore, Binance increased its Versatile Mortgage service by adding eight new loanable assets, including AUCTION, PYR, ILV, KNC, YGG, GAS, CELO, and IRIS. Furthermore, they’ve added six new loanable assets to their VIP Mortgage service, including NKN, FARM, DIA, YGG, OGN, and ACA.
BONE, along with other tokens such as SHIB, LEASH, and TREAT, has been gaining significant traction within the layer 2 Shibarium ecosystem. Notably, Bone ShibaSwap has passed a huge milestone by becoming the second-largest daily gainer according to CoinMarketCap. Bone ShibaSwap has gained more than 6% in the last 24 hours, and its worth has increased by more than 30% in the last seven days and more than 55% in the last 30 days.
This increase in value occurred immediately after Shytoshi Kusama, the Shiba Ecosystem’s pseudonymous principal developer, released a significant hint, implying a possible future listing of Shibarium’s gasoline price token on Binance. Furthermore, Kusama refers to BONE as a “passport to the long run,” which has grabbed the interest of many cryptocurrency investors.
Kusama explains that he intends to mint the remaining supply of BONE tokens before canceling the BONE contract. This move could have an impact on the token’s supply and governance within the Shibarium ecosystem. Meanwhile, the excitement around Shibarium’s impending release has heightened interest in SHIB.