Shiba Inu Activated on Lending Protocol Euler, Allowing SHIB Holders to Earn Interest By DailyCoin



Shiba Inu Activated on Lending Protocol Euler, Allowing SHIB Holders to Earn Interest

In 2021, rose up through the ranks after initially making a name for itself as one of the most promising meme coins. However, by integrating more utility, the project has shown on multiple occasions that Shiba is more than a meme.

2022: A Big Year for Shiba Inu

Its latest use case now allows holders of Shiba Inu (SHIB) to borrow or lend tokens and earn interest. This is made possible following an announcement from Euler Finance of Shiba’s integration into its platform.

Euler Finance is a noncustodial protocol on that allows users to lend and borrow almost any crypto asset. Euler announced;

Shiba’s latest activation continues the trend of top-tier listing on multiple exchanges and companies in various countries, with AMC Entertainment (NYSE:) on track to begin accepting Shiba Inu payments in Q1 of 2022.

In addition, the Shiba Inu development team has announced that Shiba will be making an entrance into the trillion-dollar metaverse and the blockchain gaming industry in 2022. Shiba Inu recently revealed that it is “working on amazing things.”

On The Flipside

  • Although there have been significant developments, Shiba Inu (SHIB) has been unable to recover from its ATH, losing more than 70% since October.

Why You Should Care

The primary goal of digital assets is to gain as much utility as possible. The increasing utility of Shiba Inu could possibly lead to an increase in the adoption of the cryptocurrency.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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Shiba Inu Activated on Lending Protocol Euler, Allowing SHIB Holders to Earn Interest

In 2021, rose up through the ranks after initially making a name for itself as one of the most promising meme coins. However, by integrating more utility, the project has shown on multiple occasions that Shiba is more than a meme.

2022: A Big Year for Shiba Inu

Its latest use case now allows holders of Shiba Inu (SHIB) to borrow or lend tokens and earn interest. This is made possible following an announcement from Euler Finance of Shiba’s integration into its platform.

Euler Finance is a noncustodial protocol on that allows users to lend and borrow almost any crypto asset. Euler announced;

Shiba’s latest activation continues the trend of top-tier listing on multiple exchanges and companies in various countries, with AMC Entertainment (NYSE:) on track to begin accepting Shiba Inu payments in Q1 of 2022.

In addition, the Shiba Inu development team has announced that Shiba will be making an entrance into the trillion-dollar metaverse and the blockchain gaming industry in 2022. Shiba Inu recently revealed that it is “working on amazing things.”

On The Flipside

  • Although there have been significant developments, Shiba Inu (SHIB) has been unable to recover from its ATH, losing more than 70% since October.

Why You Should Care

The primary goal of digital assets is to gain as much utility as possible. The increasing utility of Shiba Inu could possibly lead to an increase in the adoption of the cryptocurrency.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7]
You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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