What is Shiba Inu?
Shiba Inu (SHIB) also known as Shiba Token is a decentralized cryptocurrency and dog meme token on the Ethereum network ERC-20 token standard, based on the popular cryptocurrency Dogecoin and named after the Japanese breed of dog Shiba Inu (柴犬). On May 13, 2021, Ethereum network founder Vitalik Buterin donated more than 50 trillion Shiba Tokens to the India COVID-Crypto Relief Fund that were originally donated to him by Shiba Inu developers. Shiba Inu is currently developing ShibaSwap, a decentralized exchange (DEX) and yield ecosystem allowing holders of SHIBA and sister token LEASH the opportunity to earn rewards including BONE, ETH, and BTC for staking or providing liquidity to LEASH or SHIBA LP pools.