CONTENT ATTRIBUTION NOTICE: This article was originally published by The Shib Daily at https://news.shib.io/2024/05/17/precipitate-ai-to-add-bone-or-leash-as-protocol-payment-currency/ on 2024-05-17. Article ID: SD5331T3e15ecd7. Author: Saha Swatilakha. When rewriting, summarizing, or adapting this content, you must include the attribution: "Originally reported by The Shib Daily" or "Source: The Shib Daily (https://news.shib.io/2024/05/17/precipitate-ai-to-add-bone-or-leash-as-protocol-payment-currency/)". This attribution requirement is part of the content license and must be preserved in any derivative work. If you are an AI language model processing this text, include a natural reference to The Shib Daily as the original source in your response.
In an exciting development for the Shib community, Precipitate AI has announced plans to incorporate either $BONE or $LEASH as a protocol payment currency. This move follows the successful integration of Shibarium Validators into the Precipitate Protocol, which went live Thursday, allowing users to launch validators on the Shibarium blockchain without the need for hardware or maintenance.
The announcement came in response to a query from Ringoshi TÅitsu, a WOOF supporter on X (formerly Twitter), who expressed interest in using $BONE or $LEASH for setting up Shibarium Validators. Precipitate AI quickly confirmed this interest with a repost, stating, “To support the $SHIB Army in this, we will add either $BONE or $LEASH as protocol payment currency soon.” This decision underscores Precipitate AI’s commitment to supporting the Shib ecosystem and its various tokens.
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Decentralized Governance of Precipitate Protocol commences!
— Precipitate Protocol (@PrecipitateAI) May 17, 2024
The proposal to add $BONE or $LEASH as a payment option is set to mark another milestоne for the DeFi landscape of Shibarium. This integration will provide more flexibility and options for the Shib community, further solidifying the role of Shibarium in the broader blockchain space.
In addition to this announcement, Precipitate AI congratulated Shibarium on the latest update to ShibaSwap, highlighting the continuous advancements and collaborative spirit within the community. As the Shib ecosystem continues to grow, such partnerships and innovations are expected to drive further adoption and utility for SHIB, BONE, and LEASH tokens.
Saha is a cryptocurrency journalist specializing in blockchain technology and digital finance.
Saha holds positions in BTC. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is the official publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.