• bitcoin
    Bitcoin(BTC)
    $44,236.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $3,099.46 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $429.53 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $1.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $1.09 5.58%24H
  • chainlink
    Chainlink(LINK)
    $16.79 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $339.29 5.04%24H
  • stellar
    Stellar(XLM)
    $0.219 4.19%24H
  • vechain
    VeChain(VET)
    $0.060 7.84%24H
  • tezos
    Tezos(XTZ)
    $4.15 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00100 3.34%24H
Crypto Currency Bazaar 4u
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home AUSTRALIA

Shiba Inu Launches Doggy DAO To Advance Decentralisation Mission

CB4U by CB4U
January 7, 2022
in AUSTRALIA
0
Shiba Inu Launches Doggy DAO To Advance Decentralisation Mission
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Shiba Inu developers have unleashed Doggy DAO, a decentralised autonomous organisation set to assign control over the project’s ShibaSwap DEX to the memecoin’s community.

DAO 1, launched on January 1 in beta, allows the SHIB community to vote on which crypto projects and pairs are added to ShibaSwap’s WOOF liquidity pools, and how rewards in the DEX’s BONE governance token are distributed among them.

Give the Dog a tBONE

ShibaSwap users can stake their BONE tokens to get tBONE, the staked form of the governance token. The more votes a project receives, the greater its allocation points (AP) – the quantitive measure of BONE rewards allocated to the pool. A maximum of 30 pairs voted on by the community will be executed, with a new batch of pairs decided on every two weeks.

A subsequent DAO 2 launch will allow improved use cases of BONE/tBONE tokens. A new staking contract will launch alongside DAO 1, forcing BONE to be locked up for longer before voting begins to counter the influence of whales and exchanges on the voting process.

ShibaSwap Team in ‘Big Surprise Coming Soon’ Tease

The Doggy DAO announcement has had little effect on SHIB’s price, down almost 12 percent over the past week on the back of an overall slump in the post-Christmas crypto market, though it did spike by a modest 1.7 percent in the 24 hours since the news broke.

This has done nothing to dampen the enthusiasm of the ShibaSwap team, which hinted at an imminent “big surprise” concurrent with its DAO announcement.

DAOs Dominate Crypto News Cycle

DAOs of varying descriptions have dominated the news in recent weeks. Last month, a group of crypto investors announced they were buying a Caribbean island and decentralising it for their community.

In late December, another DAO announced its intention to purchase the Blockbuster video brand and turn it into a decentralised film streaming service, with additional plans for movie financing and production.

Share this article

Join in the conversation on this article’s Twitter thread.

Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.

Advertisement Banner
Previous Post

SEC Charges Man Behind $40.7 Million ICO, Here’s Why

Next Post

Incident Post Mortem: November 23, 2021

CB4U

CB4U

Next Post
Incident Post Mortem: November 23, 2021

Incident Post Mortem: November 23, 2021

Discussion about this post

RECOMMENDED

Unizen Grows Its CeDeFi Exchange, Adding ZCX/USDT Trading Pair Into The Mix

Unizen Grows Its CeDeFi Exchange, Adding ZCX/USDT Trading Pair Into The Mix

1 month ago
Crypto ownership among Norwegian women doubles, mirroring global trends

Crypto ownership among Norwegian women doubles, mirroring global trends

3 months ago

DON'T MISS

Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform – Regulation Bitcoin News

Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform – Regulation Bitcoin News

June 26, 2022
Binance Launches New Platform for VIP and Institutional Crypto Investors – Coinotizia

Binance Launches New Platform for VIP and Institutional Crypto Investors – Coinotizia

June 26, 2022
⚠️ BITCOIN: **I BET** 99% WILL FALL FOR IT!!!!!!!!!!!

⚠️ BITCOIN: **I BET** 99% WILL FALL FOR IT!!!!!!!!!!!

June 26, 2022
New Solana Labs Project – Web3 Mobile Phone

New Solana Labs Project – Web3 Mobile Phone

June 26, 2022
Crypto Currency Bazaar 4u

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform – Regulation Bitcoin News

Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform – Regulation Bitcoin News

June 26, 2022
Binance Launches New Platform for VIP and Institutional Crypto Investors – Coinotizia

Binance Launches New Platform for VIP and Institutional Crypto Investors – Coinotizia

June 26, 2022
⚠️ BITCOIN: **I BET** 99% WILL FALL FOR IT!!!!!!!!!!!

⚠️ BITCOIN: **I BET** 99% WILL FALL FOR IT!!!!!!!!!!!

June 26, 2022

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $44,236.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $3,099.46 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $429.53 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $1.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $1.09 5.58%24H
  • chainlink
    Chainlink(LINK)
    $16.79 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $339.29 5.04%24H
  • stellar
    Stellar(XLM)
    $0.219 4.19%24H
  • vechain
    VeChain(VET)
    $0.060 7.84%24H
  • tezos
    Tezos(XTZ)
    $4.15 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00100 3.34%24H