Shiba Inu allows Holder to earn Interest, activates Lending Protocol
Shiba Inu activates on leading protocol Euler, this will allow SHIB Holders to Earn Interest
Euler is a non-custodial protocol on Ethereum that allows users to lend and borrow almost any crypto asset.
“$SHIB was activated on Euler! Users can now borrow or lend tokens and earn interest. Welcome to our community !!” posted by Euler on Twitter.
Euler's Twitter handles also mentioned that “SHIB hosts a dedicated community that has grown the token from a meme coin to a vibrant ecosystem with a nearly $16B market cap!”
It is the stong year of Shiba Inu so far and now they are trying to list SHIB on Robinhood by having a petition more than 500K signatures and counting.
If Shiba Inu is able to get listed on Robinhood, this will help SHIB users to buy and sell stocks and cryptocurrencies.
Shiba Inu also working on its layer-2 blockchain network called Shibarium.The new blockchain will help with the growing usage of the network as well as help to lower transaction fees.
Disclaimer: Cryptogurukul has no relationship to these projects, and there is no endorsement or investment advise. Please seek professional advice before taking financial risks.