Shiba Inu developers announce the launch of DoggyDAO
The community members will be able to vote on which projects and trading pairs will become part of the ShibaSwap liquidity pools
19.02.2022 - 08:00
318
1 min
0
What’s new? The developers of Shiba Inu have announced the launch of DoggyDAO, a decentralized autonomous organization for community members. The users will now be able to vote for projects and trading pairs that will become part of the ShibaSwap liquidity pools.
How will DoggyDAO work? The ShibaSwap users will be able to vote with tBONE tokens. These will be available for BONE governance tokens. Each voting session will last for five days before being closed. The community will be able to select new trading pairs every fortnight. A total of 30 pairs will get into the liquidity pools.
What did the project’s developers add? The Shiba Inu representatives are urging the voting participants to scrutinize the proposed projects more carefully:
“Once again, we ask you to please understand, while not ignoring risks that could be associated with an infant, unknown, unaudited, or potentially newer project. So please vote responsibly.”
Useful material?
Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024