$SHIB: A Donation Portal Could Soon Complement Shiba Inus Burn Portal

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-The Shiba Inu ($SHIB) community could soon have a token donation portal to complement its token burn portal in a bid to help burn tokens and decrease the cryptocurrencys circulating supply.

-During an interview with Gfinity Esports Trophias, a Shiba Defence Breed member who has called for a donations portal on Shiba Inus Discord server and on Twitter Spaces, has made his case for such a platform.

-During the interview, Trophias noted that the standard for SHIB token burns should be Ethereum creator Vitalik Buterin, who destroyed 410 trillion tokens in a massive burn in May 2021, and donated 50 trillion SHIB to charity.

-As CryptoGlobe reported, weeks ago the developers behind the meme-inspired cryptocurrency launched a burn portal. The burn portal sends users who burn tokens burntSHIB tokens, which can be staked to generate rewards in the form of RYOSHI tokens, a separate token in the SHIB ecosystem.

-To Trophias, however, its astonishing that we burned that much without some of those funds going into a donation for a good cause, or charity. As a result, they proposed the creation of a SHIB donation portal that would allow users to donate tokens to a charity determined by the community through the Doggy DAO.

-Shiba Inus website currently calls for donations to support the Shiba Inu Rescue Association on its website. These donations, however, are made through Amazon Smile and not the SHIB token itself.

-While currently, no one is developing such a donation portal, Trophias has encouraged the community to approach the Defence and Growth Breeds with proposals, in a move similar to the one that preceded the Shiba Burn Portal. To Trophias, theres wider marketing potential in donating tokens than burning them.

 

 

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