Shiba Inu’s $LEASH Token Gets Unleashed on Financial Trading Platform BlueBit

5 September 2022

in SHIBA

Reading Time: 2 mins read

On Monday (September 5), multi asset class financial trading platform BlueBit did the Shiba Inu ($SHIB) community another favor to complete an impressive hat trick that started roughly three weeks ago.

Here is what Binance Academy says about Shiba Inu:

“Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a Japanese dog breed. It was created in 2020 by an anonymous developer named Ryoshi, who designed SHIB to be an alternative to Dogecoin (DOGE) on the Ethereum blockchain.

“SHIB is an ERC-20 token with a decentralized exchange called ShibaSwap. The SHIB roadmap and ecosystem also features an NFT art incubator called Shiba Artist Incubator, 10,000 ‘Shiboshi’ NFTs, and an NFT game Shiboshi Game.

“Shiba Inu had an initial circulating supply of 1 quadrillion tokens. Ryoshi locked 50% of the token in Uniswap to create liquidity, and sent the other 50% to Ethereum co-founder Vitalik Buterin’s wallet. However, Vitalik decided to burn 90% of the coins and donate the remaining 10% to charity.…

“LEASH is the second token created by Shiba Inu and it’s also on ShibaSwap. With a circulating supply of 107,646 tokens, LEASH was initially used as a rebase token to track Dogecoin’s price. However, SHIB developers decided to change LEASH to an ERC-20 token. LEASH holders can stake their tokens in the liquidity pool and earn xLEASH as rewards.

“BONE is a governance token. It has a supply of 250,000,000 tokens.“

BlueBit, which is registered in St. Vincent and the Grenadines, started its Shiba Inu adventure on August 13, when it listed the $SHIB token:

In its blog post, BlueBit had this to say about Shiba Inu:

“From its inception, Shiba Inu has done things differently. Starting with a supply of 1 quadrillion, Shiba founder, Ryoshi, locked 50% in Uniswap, then “burned” the other half to Ethereum co-founder Vitalik Buterin for safekeeping.

“To help reverse the devastating spread of Covid-19 in India, VB has since utilized SHIB in the largest crypto donation in history, and then actually burned 40% of its total supply to a dead wallet, ensuring our long-term success and stability. In the words of Ryoshi, “Thank you to the woofmeister for enabling true decentralization. Now we truly begin.“

On August 29, BlueBit delighted the Shib Army once again by announcing that it had listed $BONE:

Two days later, $BONE got listed by another crypto exchange:

And then earlier today, BlueBit got the trifecta by announcing that it had listed $LEASH, which prompted Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu project, to congratulate BlueBit for supporting the Shiba Inu project by listing all three of its tokens:

According to data by CryptoCompare, currently (as of 4:00 p.m. UTC on September 5) $SHIB, $BONE, and $LEASH are trading around $ 0.00001248, $1.933, and $634.90.

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