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Shiba Inu developers will reward stakers with prizes up to $500

Shiba Inu developers will reward stakers with prizes up to $500

HappyCoinNewsHappyCoinNews2024/11/29 00:22
By:HappyCoinNews

Developers of a meme-based cryptocurrency Shiba Inu (SHIB) will reward stakers with prizes up to $500 to increase the number of users of the Shibarium network.

Thinking about making some extra cash? Stay tuned for a great opportunity with liquid staking. Only new customers can take advantage of this offer, but trust me, it's worth it. Up to $500. Let's go, — wrote Head of Marketing Department of the project Shiba Inu Lucy.

Lucy has not yet provided details about the promotion, but hinted that gifts will be given on Catholic Christmas, which is celebrated on December 25. Prizes will be available to new users of the K9 Finance cryptocurrency liquid staking platform DAO , which was launched on September 18.

On the Shibarium network can be blocked Bone ShibaSwap (BONE) tokens through traditional staking to earn rewards, but the digital assets cannot be used until unlocked. K9 Finance Platform DAO provides a liquid BONE staking service and in exchange for locked assets issues knBONE coins issued on the Ethereum blockchain, which can be sent, sold and lent. It is no coincidence that many members of the crypto community prefer liquid staking over regular staking.

According to the DeFiLlama service, there are currently Shibarium on the network locked BONE tokens worth $4,9 million. Over the past three months, the value of staking digital assets has increased almost fourfold and continues to grow.

Shiba Inu developers will reward stakers with prizes up to $500 image 0

Change in the value of blocked BONE coins

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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