ShibaPadhas announced the launch of its stalking mechanism for its native token, $SBP. With the launch of the new staking mechanism, ShibaPad has successfully increased the utility of the ShibaPad woof ecosystem.
ShibaPad is an ambitious project built on a great community base. ShibaPad has gained the attention of every meme-lover on Binance Smart Chain with an incentivized approach. ShibaPad is a scalable ecosystem with several use cases. However, the $SBP governance token is at the center of the ecosystem and plays a crucial role in the platform’s growth.
$SBP is the first governance token V1 from the project, and will give passive and stake rewards to holders along with a governance function. The token has a limited supply of 1 Billion tokens. Upon the launch of DAO, V2 of the token will be airdropped in a 1:1 ratio for the V1 token.
$SBP comes with an inbuilt staking mechanism where users can stake $SBP tokens to earn more $SBP tokens. The share of the users $SBP tokens will decide their level on the launchpad. ShibaPad has divided the users into four different tiers according to their contribution.
- Diamond – +4 Million $SBP
- Platinum – +2 Million $SBP
- Gold – +1 Million $SBP
- Silver – + 0.5 Million $SBP
To stake $SBP tokens, visit https://staking.shibapad.finance/ and connect your wallet to lock up tokens for 3, 7, 14, or 28 days with variable rewards. Moreover, users will get a 1% bonus staking reward tokens when they claim their tokens and a 25% bonus if they choose 28 days tenure.
With the launch of the new staking mechanism, users of the ShibaPad can now stake their tokens to earn a potential passive income in an easy-to-use interface.
About ShibaPad
ShibaPad is a unique Meme-token project that aims to rise above the mainstream meme projects with robust governance and staking mechanism for its governance token $SHB. It is a scalable project with various use cases such as DAO, flexible investment options, a secure and fair environment, and an incentivized tier-based loyalty system.
ShibaPad is an audited meme project that puts the community first while ensuring sustainable growth for the ecosystem. To learn more about ShibaPad, visit https://www.shibapad.finance/.
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Disclaimer: This is a paid post and should not be treated as news/advice.
