A Shibarium-based multi-chain DEX platform still under development is recording double-digit earnings over the last 24 hours. The rally, accompanied by altcoin whales, occurred with the new APY rate announced today.
Shibarium-based altcoin project announces 8% APY: Price skyrockets
The related Shiba Inu platform Pawswap (PAW) brought its intraday gains closer to 30% on April 17. In the same time frame, trading volume grew by 35% and altcoin whales accompanied the rally. The details of the new announcement, which has mobilized large investors, are as follows…
PawChain introduced its new staking program
According to information shared by @ShibPaw on Twitter, it was reported on the Pawchain Discord channel that the platform will offer 8% APY during the 52-week lockdown period. The staking program will be valid until Pawchain’s mainnet date.
PawChain and PawSwap will be part of the same ecosystem and PAW will serve as the native token for both and will also be used as gas on PawChain. According to the announcement, PawChain will offer 8 percent APY (annual percent rate of return) for 52 weeks for Paw staking. It is planned to increase the APY rate after the launch of the mainnet.
Expansion efforts to BNB Chain
PawSwap, a Shibarium-based multi-chain DEX platform, has now integrated Ethereum and Shibarium. According to new information, the platform plans to expand to BNB Chain in the future.
Altcoin whales take action
In the last 48 hours as new news has emerged surrounding PawChain, there has been intense interest from the biggest altcoin whales. According to Etherscan data, an anonymous whale purchased a large amount of PAW today.
The wallet currently holds more than 10.4 trillion PAWs. PAW was launched at the beginning of the year but managed to be listed on more than 10 major crypto exchanges, including Gate.io, Uniswap, and Binance. It is trading at $0.00000004898 at the time of writing.
About Pawswap
Pawswap will be the first advanced DEX built on the Shibarium ecosystem. Built on the principle of decentralization, PAW promises a secure, fast and user-friendly experience for crypto transactions.
According to the text on the official website, “Pawswap (PAW) was developed and inspired by the mantra of decentralization at its core. Inspired by the success of the Shiba Inu, the PAW team strives to bring the same quality of success from Shiba Inu to Pawswap. PAW will act as the gateway to Pawswap while this website acts as the login portal.”
cryptocoin.com As we reported, Shibarium, an Ethereum-based layer-2 scaling solution, is expected to be released this year.
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