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Civilization Launching New Staking Pools for ALL Shiba Inu Tokens

source-logo  thecryptobasic.com 25 November 2022 08:35, UTC

Once the pools are live, users can stake SHIB, BONE, and LEASH to earn $Stone rewards.

Civilization, the world’s first Community Investment Vehicle (CIV), has announced plans to launch DAO pools for three Shiba Inu ecosystem tokens, SHIB, BONE, and LEASH. According to Civilization, the move comes following the community’s interests in an initiative dubbed Ryoshi Tribute.

“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,” Civilization said in a recent blog post.

Based on the strong community interest in the initiative, Civilization has launched a proposal on CivFarm DAO to enable Stone holders to vote on whether the team should add three liquidity pools for the Shiba Inu community.

Civilization plans to add the SHIB-0NE LP staking pool, LEASH-0NE LP, and BONE-0NE LP staking pools.

“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,” the announcement read.

The Proposal’s Details

Per the team, the voting commenced yesterday and will run for 72 hours. Stone holders who have staked their tokens in the new staking Stone pool are the only ones allowed to participate in the voting exercise.

After voting ends, the results will be announced by the team immediately. If the majority of voters support the addition of three pools for the Ryoshi Tribute, the team will add the pools.

Once added, the SHIB-0NE, LEASH-0NE, and BONE-0NE staking pools will be available 60 days from the pools’ activation day. Holders of SHIB, LEASH, and BONE can stake these tokens to earn Stone rewards.

We invite you to participate and contribute to this first evolution of CivFarm. New milestones are waiting for us, CIVians!” the team stated.

At press time, the proposal has gotten only 12 votes. All votes fully support adding three staking pools for the Shiba Inu community.

thecryptobasic.com