Saturday, February 4

Tag: Bone Farming

Shiba Inu Team Follows The result from Doggy DAO On The BONE Farms Proposal By Adjusting Minting To 1 BONE Per Block
Shiba Inu

Shiba Inu Team Follows The result from Doggy DAO On The BONE Farms Proposal By Adjusting Minting To 1 BONE Per Block

Shiba Inu aims at preventing the over-minting of BONE, the governance token. They decided to make the new mint to be 1 BONE per Block. https://twitter.com/Shibtoken/status/1548167469436522497 20 Million BONES To Be Reserved Recall, the vote cast earlier in June, where the community was to decide on either to continue the minting of the bone till it reaches fix supply of 270 million or the burning of BONE should be halted at the 230 million Bone as the fixed supply of BONE is 250 million. The community trying to reserve a total of 20 million for the validator's reward and the maintenance of the Shibarium. Read also: CryptoBar P2P In Tokyo Announces support on XRP The decision made on June 26th was in favor of halting the burning of Bone at 230 million while the remaining 2...
Shiba Inu Announces Bone Farming Proposal and In Favor Of Halting Bone Farming Once Reach 230 Million
Cryptocurrency

Shiba Inu Announces Bone Farming Proposal and In Favor Of Halting Bone Farming Once Reach 230 Million

The just-concluded voting in the Shiba Inu community has really favored the farming of the only 230 million tokens as the remaining 20 million are reserved for the validators. As reported by cryptolifedigital, to reserve 20 million for the validators and maintenance of the Shibarium was given two options; either the Bone farming should stop on reaching the 230 million or the fixed supply should be extended to a total of 270 million tokens. Read Also: Terra USTC Returns To The Top 100 Crypto As It Spikes Almost 400% In The Last 24 Hours The reserve of 20 million was favored by 97.88% vote while the minting of another 20 million Bone token has 2.12% vote. The vote, which took a whole week will play an important role in the growth of Shibarium. Bone as the governance token will ...