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Shiba Inu Community to Get Ownership Stake in Welly

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Fri, 29/04/2022 - 20:08
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Shiba Inu Community to Get Ownership Stake in Welly
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Shiba Inu-friendly burger joint Welly has announced that the community behind the second-biggest meme coin will have a 15% ownership stake in its business.

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The community will be entitled to a portion of the profits from all activities. It will be able to decide whether to burn these tokens or use them for some other purposes. 

The holders of the Shiba Inu cryptocurrency will be able to manage these tokens wind they help of the BONE DAO.

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As reported by U.Today, Welly also recently announced its decision to burn a certain percentage of revenue received in SHIB tokens.

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Prior to that, Welly patterned with crypto payment company NOWPayments, which allows merchants to reduce the circulating supply of the Dogecoin rival. 

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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