What Is Euro Shiba Inu (EShib)?
Euro Shiba Inu (EShib) is a deflationary cryptocurrency initiative combining financial innovation with global conservation and societal improvement goals. This project stands out through its:
- Token Burn Mechanism: Systematic weekly elimination of tokens from circulation until reaching a predetermined threshold, gradually reducing total supply.
- Philanthropic Allocation: 2% of transaction fees fund environmental education, reforestation, disaster relief, and protected area classification.
- Global Team: Developed by an international team focused on ecological sustainability and community impact.
- Collectible Tokens: Expands beyond its main token to include NFT collectibles named after historical/current global currencies.
Unlike typical meme coins, EShib integrates DeFi utilities with real-world impact:
๐ Discover how deflationary tokens create scarcity
How Is Euro Shiba Inu Secured?
EShib employs a multi-layered security approach:
- Smart Contract Audits: Regular third-party audits ensure code integrity
- Decentralized Governance: Community voting on protocol upgrades
- Liquidity Locks: 60% of initial liquidity permanently locked
- Anti-Whale Measures: Transaction limits prevent market manipulation
| Security Feature | Implementation | Benefit |
|---|---|---|
| Contract Audit | CertiK Verified | Reduces exploit risks |
| LP Locking | Uniswap V2 | Price stability |
Primary Use Cases for Euro Shiba Inu
- Impact Investments: Direct funding to conservation projects
- NFT Marketplaces: Trade collectible currency-themed tokens
- DeFi Integration: Staking pools with ESG-focused rewards
- Merchant Adoption: Eco-conscious business payments
๐ Explore NFT utility in crypto ecosystems
Key Milestones in Euro Shiba Inu Development
- Q3 2023: Mainnet launch & initial burn phase
- Q1 2024: Partnership with 3 reforestation NGOs
- Q2 2024: Collectible token series release
- Q4 2024: DAO governance implementation
Frequently Asked Questions
How often does EShib execute token burns?
Weekly automated burns continue until circulating supply reaches 50 billion tokens (currently 120 billion).
What percentage of fees support philanthropy?
2% of every transaction splits equally between:
- Environmental initiatives
- Humanitarian aid funds
Can EShib tokens be staked?
Yes. The platform offers:
- Standard staking (5% APY)
- Impact staking (7% APY) where rewards partly fund green projects
Where to buy Euro Shiba Inu?
Available on decentralized exchanges like Uniswap and PancakeSwap, with centralized exchange listings underway.