Rewards for locking LEASH in SHIB’s Metaverse might soon be available to holders
According to an official Shiba Inu blog post, rewards from land event sales may be available to holders as early as July 2. who locked LEASH and bid for any land during the first two stages of Early Access, which are the bidding and holder events.
It, however, states that up to now, no rewards have been distributed yet and explains why—the originating contract counts on the selling out of land to reward and distribute accordingly. At the moment, land is still available in SHIB’s Metaverse and has not yet sold out.
According to recent statistics shared by shibainuartcurrently, 5,500 lots have been sold out of 19,400 lots offered for sale.
It explains that, in order not to keep LEASH LOCK users waiting for a total sell-off of land before receiving rewards, the Shiba Inu team says it is constructing a new contract to pursue the distribution of 3% BONE to those who participated in locking their LEASH during the first early access events.
This updated contract hopes to unlock the rewards without having to sell them. Rewards will now be available after 90 days as lockdown rewards will end for all users, which is expected to happen on July 2, 2022, it says.
Shiba Inu rebounds 5%
Shiba Inu’s price remains in consolidation within a tight range between $0.0000106 and $0.0000113, suggesting an impending move. At the time of publication, Shiba Inu was trading nearly 5% in the last 24 hours at $0.0000113, per CoinMarketCap data.
Shiba Inu added thousands of holders in a matter of days as this number of metrics reflects growth. According to WhaleStats, the total number of SHIB holders currently stands at 1,175,890.
