- Shiba Inu developer Kaaldhairya revealed the ongoing development of the Shiba Inu Burn Portal that will feature rewards earning.
- The developer added that the developing team is working on unveiling more solutions for the benefit of the Shiba Inu community.
Shiba Inu developers are working fervently to bring new solutions to the Shiba Inu community, which desires huge and significant burns. In reaction, one of the developers that work for Shuba Inu, Kaaldhairya, has revealed information about the forthcoming projects.
In a recent tweet, the Shiba Inu developer said work is going on to develop a burn portal that will enable the earning of rewards. Other projects include SHIBARIUM, which is currently in Alpha and will transit to Beta soon, SHI, and SHIBASWAP 2.0. The developer is also working on the Metaverse land sale event and many other projects.
Shiba Inu Burn Portal is coming with rewards
According to information provided during the SHIB Binance AMA, the SHIB Burn Portal is still in the development stage. While there is no official release date for the SHIB Burn Portal, it is gradually entering its final stages. Now that LaalDhairya confirmed work on the Burn Portal,” it shows that the Shiba Inu team is strategic and deliberate with the development. Also, the development signifies that anyone who burns SHIb will receive rewards in exchange. As a result, a lot of people will be attracted to the reward, hence, generating more SHIB Burns.
The initial news on Burn Portal was in February during Shiba AMA. At the time, reports stated that the Shiba Inu Burn Portal would be a part of ShibaSwap 2.0.
Through Kaaldhairya’s recent tweets, the developer confirmed that the development of ShibaSwap V2 entails new earning opportunities. Also, the ShibaSwap V2 has a new UX and UI design. On the other hand, the Metaverse land sale event is happening soon.
In addition to the several projects underway, Kaaldhairya said there are still “many other projects” that he can not disclose. Now, the Shiba Inu community is expectant and looking forward to the mysterious projects that the ecosystem has to offer in the future.
I promise you, I am working on
1. SHIBARIUM – In Alpha, will move to Beta soon
2. SHI – In development, vote for your favorite collateral
3. SHIBASWAP V2 – New ways to earn
4. MV land sale event-soon
5. Burn portal – Earn rewards
6. Many other projects I can't disclose
— ShibDev4Evr (@kaaldhairya) April 5, 2022
Shiba Inu’s performance over time
Shiba Inu keeps making the news, and the Bitcoin of America has recognized its popularity among crypto fans. The Shiba Inu token is the latest addition to the Bitcoin of America’s Bitcoin ATM machines (BTMs), following Dogecoin’s addition last month. The Shiba Inu coins are now available across all Bitcoin of America ATM machines with the inclusion. The virtual currency exchange boasts over 1,800 BTMs in 31 states, offering BTC, LTC, and ETH options.
When Shiba Inu was introduced, a lot of people underestimated cryptocurrency. Many failed to recognize it as a functioning cryptocurrency. However, the token experienced a dramatic increase in 2020, gaining the attention of crypto investors. It appears SHIB will continue to overtake more cryptocurrencies, especially with its strategic burning.