LBank Exchange, a global digital asset trading platform, has announced the listing of Shibnobi (SHINJA) on January 30, 2022, at 21:00 (UTC+8). The SHINJA/USDT trading pair will be opened for all users, marking a significant step for the innovative DeFi project to expand its global reach and realize its vision of a user-friendly multi-chain ecosystem.
Introducing Shibnobi: A Passive Income Token Revolutionizing DeFi
Shibnobi is a passive income token designed to address the lack of user-friendly tools in the DeFi space. It aims to build its own blockchain and a multi-chain swap aggregator across Ethereum, Binance Smart Chain, Cronos, and Polygon. The project's vision is to create a safe, fair, and informative environment for both novice and expert cryptocurrency traders, eventually becoming the leading one-stop-shop for all EVM-compatible network transactions.
The investment value of Shibnobi is underpinned by four major ongoing developments:
- DojoSwap – A multi-chain decentralized exchange (DEX) built on an automated market maker (AMM) system that leverages user-powered liquidity pools for seamless cross-chain crypto trades.
- Kusari Blockchain (K-Chain) – Hard-forked from Ethereum, this proof-of-stake blockchain includes a mainnet, testnet, and explorer, offering cheaper gas fees and faster transactions compared to Ethereum.
- Katana Wallet – A game-changing 2FA wallet integrated with Shibnobi's blockchain and DEX, requiring a code from the user’s authenticator app before any transaction can be executed.
- Dojoverse – A virtual reality metaverse where users enter the DojoDisc and can explore all things Shibnobi, including directories of establishments on other discs.
SHINJA Tokenomics and Listing Details
SHINJA is the native token of the Shibnobi ecosystem, with a massive total supply of 69 sextillion (69,000,000,000,000,000,000,000). The majority of tokens will be allocated to liquidity on Uniswap, FEGex, and other exchanges. Each transaction incurs a 13% tax: 5% goes directly to the liquidity pool to strengthen the price floor, 3% is redistributed proportionally to all holders, and the remaining 5% is used for marketing the project.
Due to technical settings, the SHINJA balance displayed in LBank wallets will be 1/1,000,000 of the actual amount. For instance, depositing 1,000,000 SHINJA will show as 1 SHINJA(1M). When withdrawing, applying for 1 SHINJA(1M) will release 1,000,000 actual tokens. This display adjustment does not affect the asset value. Investors can easily buy and sell SHINJA on LBank Exchange once the listing goes live.
About LBank Exchange
Founded in 2015, LBank Exchange is an innovative global platform for crypto asset trading, offering secure trading, specialized financial derivatives, and professional asset management. With over 6.4 million users from more than 210 regions, LBank is one of the most trusted crypto trading platforms. The listing of SHINJA will further strengthen its DeFi asset portfolio and attract a broader community.
This is a press release. Readers should conduct their own due diligence before taking any actions related to the promoted company or its affiliates.