<span style="font-size: 12.0pt;font-weight: normal"><span style="font-size: 12pt">According to an official announcement from today, </span>the team behind <a href="https://www.cryptoknowmics.com/news/bittrex-becomes-latest-crypto-exchange-to-add-support-for-shiba-inu/" target="_blank" rel="noopener">Shiba Inu</a> has announced that it will be adjusting the <strong><span style="font-weight: normal">minting rate of its BONE reward token. </span></strong></span>
<h2>Preventing The Over Minting Of BONE Rewards</h2>
<span style="font-size: 12pt">The minting rate of the BONE reward token has been adjusted to 1 BONE per block (1 BPB). This comes in an effort to prevent the over-minting of the BONE rewards, following the community's decision to halt the minting of $BONE rewards at 230 million.</span>
<blockquote><span style="font-size: 12.0pt;font-weight: normal"><em>"We understand reducing the BPB down may seem like a drastic approach to the rewards system right now, but to begin streamlining the future of ShibaSwap, this will allow the team to focus on the tasks that will bring these systems to life sooner rather than later,"</em> the blog post reads.
</span></blockquote>
<span style="font-size: 12.0pt;font-weight: normal">The team, however, still wants the ShibaSwap rewards to continue as preparations are ongoing for the release of the upcoming TREAT token. Meanwhile, details on its release date, including its tokenomics, are yet to be revealed.
</span>

https://twitter.com/Shibtoken/status/1548167469436522497
<h2>ShibaSwap Reward Proposal</h2>
Recently, a community proposal took place to halt the minting of the <a href="https://shibaswap.com/#/" target="_blank" rel="nofollow noopener">ShibaSwap</a> reward token, where over 98% of participants voted in favor of pausing BONE rewards at 230 million, which has a total supply of 250 million. The community also voted that the remaining 20 million BONE should be reserved for validators, who will be rewarded in the token for their work.

With BONE rewards expected to stop minting at 230 million, a new token TREAT would be launched to replace it.

Shiba Inu Announces Reduction in Minting Rate of BONE Reward Token

The team behind Shiba Inu announced that it will be adjusting the minting rate of its BONE reward token to 1 BONE per block (1 BPB).

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Shiba Inu Announces Reduction in Minting Rate of BONE Reward Token

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