SHAO
SHAO

0.09734
$
128.44 %
Change 24h
Market Cap
$ 224,694
Volume 24h
$ 17,200
Circulating Supply
2,308,260
Total Supply
35,222,200
SHAO
$
Description
The Shaolin Protocol represents a revolutionary Ethereum-based system utilizing Layer 0 Technology making the $SHAO Token itself an OFT - an Omni-Chain Fungible Token. It combines deflationary tokenomics, virtual mining, and dynamic reward mechanisms in Ethereum and Wrapped Bitcoin to establish a sustainable and interconnected DeFi ecosystem. The mining of Shaolin tokens will only last for 88 days and then no more supply can be created, paired with daily-decreasing token rewards, ensures scarcity and drives early participation. By allocating ETH contributions to advanced buy-and-burn mechanisms for Shaolin, Lotus, Eden, and TitanX, Shaolin not only reduces token supply but also strengthens the liquidity and value of these protocols. This symbiotic design fosters collaboration between protocols, creating a robust foundation for long-term ecosystem growth while incentivizing community engagement and rewarding loyal participants.