Shiba Inu enthusiasts stand to gain as the ShibaPunkz.art decentralized application undergoes an upgrade, with stakers set to receive 85 million SHIB.
Key Takeaways
- Following the upgrade of the ShibaPunkz decentralized application, Shiba Inu stakers are set to receive 85 million SHIB and 2 LEASH tokens over the next four months.
- ShibaPunkz is a decentralized application enabling users to stake Shiba Inu-themed digital collectibles, with stakers previously rewarded with the native token SPUNK. The upgrade introduces SHIB and LEASH rewards.
- Post the Shibarium mainnet launch, over 22 million BONE tokens have been staked on the L2 blockchain, with 12 Shibarium-based validators participating. ShibArmy America, Unification, and ShibArmy Europe are the top validators, boasting 100% uptime.
- Shiba Inu’s market performance indicates a 4.7% decrease over the past 24 hours, with LEASH priced at $293.14, down 1.3% on the daily chart.
Upgrade Unveils Generous Rewards
ShibaPunkz.art, a decentralized application within the Shiba Inu ecosystem, is set to distribute significant rewards to stakers following a recent upgrade. Lucie, the marketing lead for Shiba Inu, announced that enthusiasts staking their tokens through ShibaPunkz will be entitled to 85 million SHIB and 2 LEASH tokens over the next four months.
Shibarium Witnesses Surge in Staking Activity
The recent mainnet launch of Shibarium has fueled a surge in staking activities within the Shiba Inu community. Shibarium’s staking platform reports that over 22 million Bone ShibaSwap (BONE) tokens have been staked across 12 validators on the L2 blockchain.
Noteworthy participants in this network include ShibArmy America, Unification, and ShibArmy Europe, all maintaining a flawless 100% uptime. ShibArmy America leads in staked BONE with 5.84 million, followed by Unification with 4.64 million and ShibArmy Europe with 3.01 million.
To Conclude
The Shiba Inu ecosystem is buzzing with activity as the ShibaPunkz.art decentralized application undergoes a transformative upgrade, promising substantial rewards for stakers.
Simultaneously, Shibarium’s staking platform witnesses robust engagement, with millions of BONE tokens staked across validators. Despite a slight market downturn, the overall outlook remains positive, showcasing the community’s active participation and enthusiasm in Shiba Inu’s evolving ecosystem.
