Shibarium Offers More Favorable BONE Rewards than ShibaSwap, Says LucieSHIB
LucieSHIB, the Marketing Strategist for the Shiba Inu Ecosystem, has confirmed that Shibarium, their recently launched layer-2 network, offers more favorable BONE rewards than ShibaSwap, the decentralized exchange (DEX) built on the Ethereum network. Lucie provided this information to guide holders of SHIB and LEASH tokens who are contemplating whether to transfer their assets to Shibarium.
Key Points:
- The Shiba Inu cryptocurrency project presents itself as a rival to Dogecoin and runs on the Ethereum blockchain.
- SHIB token is a decentralized, community-driven currency that is accessible to millions of users around the world.
- BONE serves as the governance token in the ecosystem and enables participation in decision-making through the Doggy DAO.
- LEASH holders have exclusive benefits, such as increased BONE rewards and priority access to the “SHIB: The Metaverse” project.
- Investors face a decision whether to keep their BONE assets on Ethereum or migrate them to Shibarium.
Lucie believes it might be better for SHIB and LEASH holders to continue providing liquidity on Ethereum-based ShibaSwap and bridge their assets to Shibarium when ShibaSwap 2 goes live. However, the final decision is up to the individuals.
Hot Take:
While Shibarium offers more favorable BONE rewards, it may be wise for SHIB and LEASH holders to wait for the launch of ShibaSwap 2 before bridging their assets to Shibarium. This allows them to continue benefiting from liquidity on ShibaSwap and make an informed decision based on the developments in the ecosystem.