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HomeCrypto NewsMarketShiba Inu to Commence Distribution of Rewards to Participants of LEASH Locker Program

Shiba Inu to Commence Distribution of Rewards to Participants of LEASH Locker Program


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The Shiba Inu team has announced that it has made some adjustments to the reward distribution contract of SHIB: The metaverse locker program. 

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The development, according to a blog post today, will enable users who locked their LEASH at the early stage of the SHIB: The Metaverse locker program, to receive their rewards at the completion of the 90 days duration.

Before the adjustment, the reward distribution contract specifies that participants of the initiative will receive their reward after the land sale has been completed and the 90 days duration.

However, with the land sale still ongoing, which is currently in the Public Sale event, the Shiba Inu team believes that participants of the program may be delayed and frustrated when the sales are not concluded in earnest.

“This updated contract fulfills unlocking the rewards without the need for selling out. Rewards will become available after the 90 days for locking rewards come to an end for all users, and to be fair to all those who locked their assets, which at this time is set for July 2nd, 2022,” the team announcement reads.

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This comes as the Shiba Inu community continues to anticipate the rewards for locking their $LEASH in the locker tool built on its metaverse website.

LEASH Locker Program

Recall that the Shiba Inu team mandated LEASH and Shiboshi holders to lock their assets in a locker tool on the metaverse website before they will be allowed to purchase plots of land in the first two stages – Bid and Holders’ event.

Although the first two events have ended, the land sale is currently available for public sale.

Users who locked their $LEASH and Shiboshi are tipped to be entitled to 3% of the funds generated through the sale of the land.

The reward will be distributed in $BONE, with each user expected to receive a reward based on the amount of $LEASH locked and the total time their assets have been locked.

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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