SHIB expands with vEmpire, new gaming protocol for collateralizing Metaverse assets

Shiba Inu (SHIB/USD), the newest top 10 coin and overnight crypto sensation, is expanding its ShibArmy with vEmpire, a new gaming protocol for collateralizing Metaverse assets, Invezz learned from a press release. The protocol makes it easy for token holders to stake tokens and earn rewards in vEmpire (VEMP) and the native token they staked, producing dual return.

Mission to return to true decentralization

vEmpire’s mission is to bring back true decentralization through its democratic DAO. Listing on ShibaSwap allows vEmpire’s growing community to provide liquidity on the platform and earn proportional rewards based on the amount of liquidity generated. Shiba and vEmpire both have strong views on decentralization and campaign with their communities accordingly.

VEMP is publicly tradable  

The VEMP token will soon be tradeable, providing dual-yield staking rewards apart from liquidity. vEmpire will integrate into the ShibaSwap platform, making its native token VEMP publicly tradable on the ShibaSwap DEX.

Integration enables liquidity on ShibaSwap

Thanks to the integration, the entire vEmpire community can now provide liquidity on the ShibaSwap platform. The proportional returns are highly significant for both token holders and the vEmpire project as the aim of the partnership is to leverage exposure to Shiba’s fast-growing community. Stakers can earn financial rewards derived from profits across over five Metaverses.

vEmpire founder Dom Ryder commented the partnership as follows:

vEmpire is giving away official Shiba debut NFTs

vEmpire will also give away one of its collections of the official debut NFT series in the Shiba Inu ecosystem, called SHIBOSHI. Anyone with a stake in the DDAO is eligible to win the SHIBOSHI. Its rewards will be quadrupled over a period of one week to celebrate the listing.