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What is a BONE?

  • BONE is the governance and utility token of ShibaSwap, the decentralized exchange (DEX) of the Shiba Inu ecosystem. It allows holders to vote on proposals via Doggy DAO, participate in staking and liquidity pools, and earn rewards. BONE has a total supply of 250 million tokens and plays a key role alongside SHIB and LEASH in the ecosystem.

What is a BONE loan?

  • A BONE loan is a crypto-backed loan where users borrow funds using BONE as collateral. This allows holders to access liquidity without selling their BONE, maintaining exposure to potential price gains while using the borrowed funds for trading, staking, or other investments.

Why consider a Bone ShibaSwap loan?

  • Unlock liquidity without selling your BONE. Use your BONE coin as collateral to access funds while keeping your assets. You can repay anytime and reclaim your BONE.
  • Make purchases without selling. Need funds for an important purchase? Take a BONE-backed loan instead of selling your tokens and repay on your terms.
  • Capitalize on market opportunities. Looking to invest in new opportunities? Use a loan to access funds, invest in growing assets, and hold onto your BONE for future potential.
  • Invest for the long-term. If you're focused on long-term growth, borrow against your BONE and reinvest in stable assets, all while retaining ownership of your BONE.
  • Tax advantages. Using a BONE as collateral may help reduce your tax liabilities by avoiding the sale of your assets.

BONE loan advantages on CoinRabbit

  • No verification required. Skip the hassle of lengthy verification and get instant access to loans without any unnecessary formalities.
  • Flexible loan terms. Choose the loan duration that suits you best, with no strict time limits or deadlines.
  • Tailored repayment plans. Customize your repayment schedule to fit your financial situation, making it easy to manage your loan.
  • Choose your stablecoin. Pick from a variety of stablecoins that match your loan needs and preferences.
  • Transparent repayments. Enjoy clear and straightforward terms, knowing exactly when and how to repay your loan.

Learn more about Bone Loans

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FAQ

Why should I consider a Bone ShibaSwap loan?IconPlus
A BONE ShibaSwap loan lets you access liquidity without selling your BONE tokens. You can unlock funds, keep your assets, and capitalize on market opportunities while retaining your BONE for potential future growth
How does BONE lending work?IconPlus
BONE lending allows you to borrow funds using your BONE tokens as collateral. Your BONE is securely held until you repay the loan, giving you access to liquidity without selling your assets.
How to take a BONE coin loan on CoinRabbit?IconPlus
Simply visit the CoinRabbit website, use the loan calculator to determine your loan amount, and choose BONE as collateral. After entering your details and sending your collateral, you'll receive your loan in stablecoins.
What if the collateral's rate changes after I take a Bone ShibaSwap loan?IconPlus
At CoinRabbit, your BONE collateral is guaranteed to be returned in the same amount, regardless of market fluctuations. Even if the price of BONE changes, you'll get back the exact amount of BONE you initially deposited.
How quickly can I receive a BONE coin loan, and when will my collateral be returned?IconPlus
BONE loans are processed quickly, usually within minutes. Once the loan is repaid, your collateral is returned immediately. You can repay whenever it suits you, whether in a month or a year.
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