Singapore, Singapore – April 20, 2022 (Newsfile Corp.) (Investorideas.com Newswire) ETH SHIBA is a project for Ethereum lovers. The project was created to grow the SHIBA community while rewarding holders with dividends in the form of Binance pegged ETH. Holders can earn up to 8% passive income straight to their wallets based on volume and the percentage of the circulating supply held.
Since its launch, the project has seen significant growth, with active community members growing by the day. The ETH SHIBA team explains:
“With $ETHSHIB, we aim to make a difference in the world, not just in our bank accounts. We understand that SHIBA adoption is inevitable, and through our integrity, we aim to change the lives of people worldwide.”
ETH SHIBA is on a mission to help individuals and their families grow financially and emotionally. The project seeks to nurture ideas and support each other to create the biggest community in the crypto space. ETH SHIBA has the perfect trifecta that includes technology, use case, and a significant incentivizing catalyst to achieve its mission.
Notably, the project is backed by successful businesses and renowned individuals in the crypto industry who bring over a decade of skills and experience.
At the core of the project is the $ETHSHIB, the native token on the platform serving different utilities. By design, $ETHSHIB’s tokenomics seeks to reward all holders and ensure enough funding for other activities such as marketing. There are a total of 1 trillion ETH SHIBA tokens. The ETH SHIBA team has already burned over 2 billion $SHIB tokens from the 500,000,000,000 tokens scheduled to be burned.
$ETHSHIB has reserved 20% of the total supply to provide for liquidity (LP), a non-circulated supply vested and locked for life. Notably, the reserve is backed by 50 BNB injected into the liquidity pool. All LP providers earn pegged ETH.
2.5% of the tokens have been allocated for centralized exchange (CEX) from the total supply. Last week, $ETHSHIB celebrated its first CEX listing after the token got listed on the P2PB2B exchange. Days later, ETH SHIBA finalized its partnership with DigiFinex, which saw the token’s listing.
The development team has created an ETH SHIBA Swap, ETH SHIBA merchandise, ETH SHIBA farm, and a charity foundation. ETH SHIBA swap is a decentralized exchange designed to provide a simple way for new crypto adopters to buy $ETHSHIB. At the same time, ETH SHIBA farm allows the community to stake their tokens to yield upcoming project tokens.
As a community-based project, the charity foundation helps alleviate issues faced by society, such as healthcare, war, poverty, education, and many more. Note, $ETHSHIB relies entirely on community donations. Lastly, when fully launched, the project will have an ETH SHIBA boutique exclusive for $ETHSHIB holders, where they can buy ETH SHIBA merchandise.
The ETH SHIBA team plans to launch a rare NFT collection that will provide exclusive utility in the coming days. Currently, the dev team is working on creating a play-to-earn game.
Contact Person: PATRICK NEO
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