The Shiba Inu ecosystem team has deployed an exciting initiative designed to encourage players’ commitment and burning tokens to reduce supply in circulation. The newly introduced Shiba Eternity game mode, called Duel Mode, is a Player-Versus-Player competition where participants compete for Shib Rewards. This new feature stimulates not only the participation of players, but also contributes directly to the current burning campaign aimed at reducing the total SHIB offer.
What is duel mode?
Duel mode allows players of Shiba’s eternity to test their skills in a competitive environment. Players wishing to participate in this mode must pay registration fees of 50,000 Shib. These entry fees contribute to a total pool of 100,000 Shib, the winning player receiving 80,000 Shib, or 80% of the total pool. The remaining 10% (10,000 salslers) are burned, directly reducing the supply of Shiba Inu token. In addition, the 10% final (10,000 SHIB) are kept as platform fees, which will be reinvested in the development of Shiba’s eternity, guaranteeing its growth and future improvements.
The key objective of the duel mode
Lucie, the Shiba Inu marketing manager, revealed an ambitious target for duel mode. The objective is to create a substantial burning rate, with plans to burn 10 billion shib tokens per day. This would be possible if the platform could successfully facilitate 1 million duels every day. This would lead to the permanent destruction of 10 billion sombings every day, which, at the current market rate of $ 0.00001,471 per Shib, is equivalent to around $ 147,000 in tokens burned daily.
If the daily burn target is reached, cumulative burn could be substantial. For example, in a week, 70 billion shib would be permanently traffic, valued at around 1.03 million dollars. Over a month, the total burns would reach 280 billion sombrages, estimated at around $ 4.12 million. Such a significant reduction in the offer could have a positive impact on the value of the remaining SHIB tokens, potentially increasing their price as rarity increases.
Shibiba Inu burning rate and effects on food in circulation
The introduction of the duel mode arrives at a time when the burning rate of Shiba Inu has experienced a massive increase. On the last day only, the burning rate jumped 1,335%, with 30.18 million sampon tokens burned. In total, more than 410.74 billions of shib tokens have been permanently destroyed since the start of the burning campaign. Currently, the circulating offer of Shiba Inu amounts to 589.25 billions of tokens, and the efforts in progress to reduce this number could create more demand for the remaining tokens.
By reducing food in circulation, Shiba Inu aims to increase rarity, which could in turn lead to an increase in the value of the tokens. With growing burn efforts, Shiba Inu positions itself to have a more controlled supply, giving investors and the community to hope for a more stable and potentially profitable future for Shib.
Long -term vision
Shiba Inu’s strategy to burn the shib tokens through the duel mode of Shiba Eternity could change the situation. By involving the community in this process, Shiba Inu encourages active participation, which not only benefits the ecosystem, but also guarantees that players are encouraged to help in the Burn campaign. As the web3 version of Shiba Eternity is gaining popularity, the possibility of achieving the Burn Daily lens of 10 billion shib becomes more possible. In case of success, this could lead to a significant decrease in the total SHIB offer and pave the way for a greater appreciation of the long -term value for the Shiba Inu token.
In conclusion, the duel mode of Shiba Inu offers an innovative approach to the combustion of token while engaging the community in a fun and enriching manner. With this new initiative, Shiba Inu strengthens its commitment to reducing its supply, which could lead to a stronger demand and better prices in the future. The success of this program could prove to be crucial for the development and long-term position of SHIB on the cryptocurrency market.
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