About a month ago, when the Shiba official burning portal was opened, it was announced that users who will burn will be rewarded with another token. Now the team has started sending Ryoshi Vision (RYOSHI) tokens to the wallets of those participating in the burn program.

Within the framework of this program, while efforts are made to control the circulating supply of the Shiba Inu token, investors will be replacing their SHIB tokens with RYOSHI tokens. In order to increase participation, the reward system is based on sending more RYOSHI tokens than the number of Shiba burned. Accordingly, when the last burning addresses are checked, it is seen that 91.5 Ryoshi Vision (RYOSHI) tokens are currently sent for 1 SHIB token.

Currently, the RYOSHI token is almost worthless at $0.0000000507. Ryoshi Vision (RYOSHI), which saw serious losses in last week's hard sales, is now gathered by investors who burn Shiba in the hope that its price will appreciate and drop to zero.

Shib Ryoshi

The Shiba Inu team is taking some measures to prevent the price of the token, which is given as a SHIB burn reward, which is currently at a very low price level, to prevent it from falling further.

Among these measures, the team requests that earned rewards be locked on their decentralized exchange, ShibaSwap. In addition, users who receive SHIB burn rewards will continue to receive rewards every 2 weeks within a 20-week time frame, depending on keeping their tokens in their wallets.

A record burning took place in the last 24 hours on the Shiba Inu incineration portal. Records show that the Shiba community recently burned 12.9 billion SHIB tokens. Shibburn site has burned 410.3 trillion tokens since its inception, while the circulating amount of SHIB token is 589.6 trillion with stakes.