Now Payments Releases Shiba Inu Burn Plan That Could Benefit Holders and Vendors Alike

Exciting news coming out from Now payments to help reduce the circulating supply of the Shiba Inu Crypto Tokens. The announcement was made in a tweet by the official Now Payments account that said “Today, @NOWPayments_io is delighted to present $SHIB & $LEASH optional BURN feature!  Keep track of #SHIB & #LEASH you’d like to burn  Burn 0,1—100% of the profit!  Get visibility with http://nowpayments.io”

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Today, @NOWPayments_io is delighted to present

? $SHIB & $LEASH optional BURN feature! ?

➡️ Keep track of #SHIB & #LEASH you’d like to burn
➡️ Burn 0,1—100% of the profit!
➡️ Get visibility with https://t.co/I4TNJHFZ6p@Shibtoken @shibainuart https://t.co/Nr4kOuWBqh

— NOWPayments (@NOWPayments_io) March 22, 2022

The plan seems to have been worked out with Shiba Inu Growth Breed Leader Milkshake as she was tagged in the posts. She responded on her own timeline explaining that this will “support utility burns while also distributing confidence to those with legitimate/transparent burn projects”

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This is a way of giving back and to support utility burns while also distributing confidence to those with legitimate / transparent burn projects, and community efforts out there.

Everyone trying to do their part to continue reducing circulation in the best way possible? $SHIB

— MILKSHAKE (@shibainuart) March 22, 2022

According to Nowpayments those who burn tokens will get free publicity in exchange for their burs as they will add them to a featured section and to blog posts. Trust is important in the Shiba Army and with cryptocurrencies as a whole. This is a good first initiative for the Shiba Inu Partnershib as they were one of the first to accept Shiba Inu.

With this and other burn mechanisms coming soon with Shibarium, Shibaswap and private projects the burns are becoming more prevalent and faster than ever before.