• 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

Wall Street Firms Build Infrastructure for Institutional DeFi

chest

Wall Street firms are building infrastructure for institutional DeFi, processing over $8 trillion in tokenized repo settlements and enabling on-chain governance for tokenized equity.

user avatarTomas Novak

Ethereum Emerges as Leader in Tokenizing Real-World Assets

chest

Ethereum is becoming the leading platform for tokenizing traditional assets, with significant institutional investment.

user avatarKaterina Papadopoulou

Whale Movement Sparks Brief Relief Bounce for Dogecoin

chest

A significant whale movement of 327 million Dogecoin off Robinhood led to a temporary price bounce.

user avatarLeo van der Veen

Dogecoin's Future Uncertain Amid Cooling Market Trends

chest

Dogecoin's future is uncertain due to a downward trend indicated by its BTC pair, with potential targets around 7 cents, as market analysts highlight the cooling of hype cycles and lack of catalysts.

user avatarMaya Lundqvist

Dogecoin Faces Significant Breakdown as BTC Pair Hits 68-Day Low

chest

Dogecoin's BTC pair has sharply broken down, indicating a bearish trend as it hits a 68-day low.

user avatarLi Weicheng

Protecting XRP Accounts from Quantum Risks

chest

Following concerns about quantum computing, Vet discusses how XRP holders can protect their accounts.

user avatarElias Mukuru

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.