• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

ShibaSwap Announces Liquid Staking Launch for DeFi

user avatar

by Giorgi Kostiuk

a year ago

The ShibaSwap decentralized exchange is preparing for major updates with the launch of liquid staking, attracting new users to the Shibarium ecosystem.

Details of ShibaSwap Update

This weekend, Shibarium Updates (@Shibizens) announced the upcoming introduction of liquid staking on ShibaSwap. This information was also posted on the newly rebranded Shiba Inu website.

New Liquid Staking Feature

Liquid staking will allow users to stake tokens on ShibaSwap while maintaining access to their assets for trading or use as collateral on other DeFi platforms. Participants staking their TREAT tokens will receive liquid tokens, veTREAT, which also provide governance rights.

Karma System and Future of ShibaSwap

Plans include the introduction of a Karma Point system, allowing users to earn points by interacting with various ecosystem tokens or providing liquidity on ShibaSwap. Karma points will enhance users' voting power in the upcoming Shib Doggy DAO. The specific launch date for liquid staking has yet to be announced.

The introduction of liquid staking on ShibaSwap and future updates, such as the Karma Point system and Shib Doggy DAO, will solidify the platform's standing in the DeFi world.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Evernorth Expands XRP Treasury Holdings to 473.27 Million

chest

Evernorth has acquired an additional 84,365,876 XRP, boosting its total holdings to 473,276,430 XRP as part of a long-term accumulation strategy.

user avatarTomas Novak

Supreme Court to Decide on Controversial Tariff Policies

chest

The Supreme Court is set to deliberate on the legality of tariffs imposed by former President Trump on November 5th, a decision that could significantly impact international trade and the cryptocurrency market.

user avatarMaya Lundqvist

Bitnomial Becomes First US Exchange to Accept Ripples RLUSD and XRP as Margin Collateral

chest

Bitnomial, Inc. has announced the acceptance of Ripple USD (RLUSD) and XRP as margin collateral, marking a significant milestone in the derivatives market.

user avatarBayarjavkhlan Ganbaatar

Ripple Expands Prime Brokerage Services with OTC Spot Trading

chest

Ripple has launched OTC spot crypto trading for US institutional clients, enhancing its prime brokerage services after acquiring Hidden Road.

user avatarAisha Farooq

Dino Tycoon: Merging Gaming with Investment Education

chest

Dino Tycoon is revolutionizing the gaming landscape by merging entertainment with investment education, allowing players to learn about market dynamics and financial strategies while building their dinosaur empire.

user avatarLi Weicheng

TYCOON Token Launches on Binance Alpha, Revolutionizing Web3 Gaming

chest

The highly anticipated TYCOON token has officially launched on Binance Alpha, marking a significant milestone for the Dino Tycoon game.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.