Blockbank adds SHIB to the EARN program and offers up to 5% APY for staked tokens, benefiting long-term SHIB holders. It has taken another step toward expanding its support for Shiba Inu. In a recent announcement, blockbank added SHIB to its EARN program. This move is expected to benefit the long-term SHIB holders significantly, allowing them to earn interest of up to 5% APY on their staked SHIB tokens.

But that’s not all – in addition to earning interest in SHIB, blockbank will also pay an additional APY of up to 10% in its native cryptocurrency, BBANK. This means that Shiba Inu holders who stake their tokens with blockbank can simultaneously earn interest in both SHIB and BBANK, further boosting their potential returns.

As reported by The Crypto Basic Blockbank added support for SHIB on its CeFi platform on April 24th.

Furthermore, blockbank also hinted at supporting the much-awaited Shiba Inu’s L2 Solution, Shibarium shortly. Following a tweet from The Bus, a prominent member of the Shiba Inu Community, blockbank confirmed that they are actively listening to their users and closely monitoring the development of Shibarium.

Shibarium Beta is already receiving an overwhelming response from the Community as it has registered over 14 million wallet addresses within a month of its launch. In addition, the network also has processed more than 3 million transactions.

(by Zabi)