According to ShibaSwapDEX on Twitter the long-awaited rewards from the Shiba Inu cryptocurrency burning portal (SHIB) will be distributed in the next 48 to 72 hours, as per the announcement.
The Shiba Inu burn portal was created as part of the team's initiative on April 23, 2022. The creators of the Shiba Inu meme created a portal where investors can burn their holdings in $SHIB. In order to decrease the token supply in circulation, increase the value of the token by encouraging scarcity.
ShibaSwapDEX said:
SHIB Burn Portal Rewards Update:
Ryoshi Vision rewards will be distributed within the next 48 to 72 hours.
We know this has been long awaited by everyone and we did not expect such delays. We will post another update after launch and completion.
Thank you for your patience and support!
SHIB Burn Portal Rewards Update:
Ryoshi Vision rewards will be distributed in the next 48 to 72 hours.
We know this has been long awaited for all, and did not expect such delays. We will post another update upon release & completion.
Thank you for your patience, and support! pic.twitter.com/bgd3r23HJe
— ShibaSwapDEX (@ShibaSwapDEX) June 26, 2022
To encourage holders to follow the Shiba Inu burning process, investors who burn the coin will receive passive income in the form of RYOSHI rewards. 0,49% of all RYOSHI transactions will be given to investors who burn their SHIB.
55.924.188.817,3 Shiba Inu (SHIB) have been burned to date according to the website. Per the announcement, more updates on reward distribution will be announced soon.
