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Civilization Announces Launch of New Staking Pools for ALL Shiba Inu Tokens

25 November 2022
in Latest News, News
Reading Time: 3 mins read
104 5
Home News Latest News

The first Community Investment Vehicle (CIV), Civilization, has announced plans to introduce DAO pools for the SHIB, BONE, and LEASH tokens, which are part of the Shiba Inu ecosystem.

Civilization claims the measure is in response to the community’s interest in a project called Ryoshi Tribute.

Civilization said in a statement:

“It’s time to introduce new DAO pools on CivFarm. For the first session of DAO pools, the community in recent weeks has expressed strong interest in an initiative called Ryoshi Tribute.”

Given the substantial community interest in the project, Civilization has proposed that Stone holders vote on whether the team should establish three liquidity pools for the Shiba Inu community on CivFarm DAO.

While SHIB users wait for information from ShibaSwap, they can manage their holdings to use and profit on CIVfarm.

The Ryoshi Tribute pools for the CivFarm DAO vote will be launched to give the entire community of Stone holders a chance to familiarize themselves with the DAO platform tool and begin the process of adding these pools to CivFarm. The staking pools for SHIB-0NE LP, LEASH-0NE LP, and BONE-0NE LP will all be added by Civilization. 

Civilization added:

“So, this vote is to add three additional liquidity pools to CivFarm: SHIB-0NE LP staking pool, LEASH-0NE LP staking pool, BONE-0NE LP staking pool.”

Civilization reports that the voting has started and will last for 72 hours. The voting process is only open to Stone holders who have staked their tokens in the new staking Stone pool. The results will be announced after voting is completed. Civilization will add the pools if the majority of voters approve of establishing three pools for the Ryoshi Tribute.

The SHIB-0NE, LEASH-0NE, and BONE-0NE staking pools will be available after they are added for 60 days following the pools’ activation. Owners of SHIB, LEASH, and BONE can stake these tokens to receive Stone rewards.

 

If you would like to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, and Instagram.

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Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

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