Shiba Inu Team Sparks Buzz With Airdrop For Shibarium Users

In a leak on social media platform X, Lucie, the marketing lead for Shiba Inu, has stirred excitement within the SHIB community with an announcement about an upcoming airdrop exclusively for users of Shibarium, the Layer 2 solution built on top of the Shiba Inu blockchain.

Which Shiba Inu Users Can Hope For An Airdrop

The details of the airdrop were outlined in a post where Lucie described an encouraging discussion with Buzz, the pseudonymous founder of the K9 Finance DAO, a project that operates on the Shibarium platform. Lucie emphasized the reliability and integrity of Buzz, noting, “I had an incredible conversation with Buzz (@buzzdefi0x) from K9 Finance. As usual, he continues to impress not only as an outstanding developer but also as someone whose word you can trust.”

Lucie excitedly shared, “I’m excited to share some insights about the forthcoming Airdrop on #Shibarium. Yes, it’s coming! You’ll be able to earn points simply by bridging to Shibarium, using Shibarium, and holding specific tokens like LEASH and KNINE. Free tokens will be distributed to everyone involved, with the amount depending on your holdings and activities.”

In response to Lucie’s announcement, Buzz added further clarity about the structure of the airdrop. “Yes indeed K9 DAO will be conducting a retroactive airdrop. Actions that will be rewarded include: holding length of time, bridging to Shibarium, testing K9 on testnet, staking KNINE, using dapps on Shibarium & more. There will be many ways to earn points to qualify. But remember this is a ‘retroactive’ airdrop :)” Buzz elaborated, indicating that current activities by users are already being tracked to determine their eligibility for the future rewards.

Thank you for the kind words Lucie!

Yes indeed K9 DAO will be conducting a retroactive airdrop. Actions that will be rewarded include:

– holding length of time
– bridging to Shibarium
– testing K9 on test net
– staking KNINE
– using dapps on Shibarium

& more. There will…

— Buzz.Shib | Shibarium (@buzzdefi0x) May 25, 2024

Furthermore, Buzz cautioned the community to wait for official announcements regarding the airdrop’s activation: “Careful #SHIBARMY the KNINE retroactive airdrop is not yet live. Wait for official announcements from the K9 Finance official account. The airdrop is slated in the roadmap for Q4 and we are actively gathering data on wallets that will qualify.”

The initiative is set to reward users based on various metrics of engagement with the Shibarium platform, including asset bridging, usage of decentralized applications (dApps), and holdings of specific tokens. This strategy not only aims to foster early adoption but also to fuel the ongoing growth of the Shibarium network by incentivizing sustained participation and interaction within the ecosystem.

As excitement builds, the community is advised to stay tuned for further updates directly from K9 Finance and Shiba Inu teams, as they continue to develop and refine the criteria for the airdrop.

The announcement has seemingly fueled excitement within the crypto community. Within the past 24 hours, SHIB has experienced a notable surge, ranking it as the second-largest price increase among the top 100 cryptocurrencies by market capitalization, trailing only behind Celestia (TIA). As of the latest data, SHIB is trading at $0.00002757, reflecting an 8% gain.

Featured image created with DALL·E, chart from TradingView.com