The Shiba Inu representative, Lucie, has announced an opportunity for the SHIB army to earn SHIB and LEASH tokens through staking on the ShibaPunkz dApp.
Key Takeaways
- Shiba Inu’s marketing lead, Lucie, reveals an opportunity for the SHIB army to earn SHIB and LEASH tokens through staking on the ShibaPunkz dApp.
- The ShibaPunkz dApp has been updated, offering stakers 2 LEASH tokens and an impressive 85 million SHIB coins over the next four months.
- Stakers use the ShibaPunkz.art platform to stake Shiba Inu-themed NFTs, earning SPUNK tokens as rewards; now, they can also earn LEASH and SHIB tokens.
- Staking is a popular method in the cryptocurrency industry for earning passive income by locking cryptocurrencies for a specified period.
Shiba Inu Representative Announces Staking Rewards
Shiba Inu’s marketing lead, Lucie, has taken to the Twitter/X platform to share exciting news with the SHIB army. Stakers can now earn SHIB and LEASH tokens through an updated feature on the ShibaPunkz dApp. Lucie’s tweet discloses that within the next four months, nearly 90 million Shiba Inu tokens will be distributed, along with 2 LEASH tokens.
SHIB Rewards: 85 Million SHIB to Be Given to Stakers in Next 4 Months – Shiba Inu Rep #SHIB #Rewards #Million #SHIB #Given #Stakers #Next #Months #Shiba #Inu #Rep https://t.co/nPaB4rfL2g
— CoinWebKo (@CoinWebKo) January 6, 2024
ShibaPunkz dApp Update: Stakers Reap Rewards
The ShibaPunkz dApp, known for staking Shiba Inu-themed NFTs on the Shibarium blockchain, has undergone an update. Stakers utilizing this platform will receive substantial rewards – 2 LEASH tokens and an impressive 85 million SHIB coins over the next four months. ShibaPunkz.art, the official platform tokenized as SPUNK, has been a hub for earning SPUNK tokens through staking.
Staking: A Path to Passive Income
Staking has become a favored method within the cryptocurrency industry for earning passive income. Users lock their cryptocurrencies for a specified period, and in return, they receive rewards. In this case, the ShibaPunkz dApp incentivizes stakers with LEASH and SHIB tokens, offering an attractive opportunity for the SHIB army to engage in passive income generation.
To Conclude
The Shiba Inu community’s opportunity to earn SHIB and LEASH tokens through staking on the ShibaPunkz dApp signifies a strategic move to enhance community engagement and incentivize token holders. As the community embraces this initiative, attention is also drawn to challenges faced by the SHIB burn rate, indicating the need for ongoing community efforts and market dynamics.
