The Shiba Inu ecosystem workforce has launched the extremely anticipated Karma system on the Shibarium check community Puppynet.
Well-liked group determine Shibarium Updates just lately introduced the event, noting that Karma is now dwell on Puppynet. For context, Karma is a reputation-based system that tracks and rewards customers’ engagement throughout the Shiba Inu ecosystem.
Karma Options
Based on Shibarium Updates, the Karma system is powered by good contracts, akin to KarmaLogic and KarmaStorage. Whereas KarmaStorage helps file customers’ actions, KarmaLogic processes the actions and ultimately converts them to factors.
The system leverages DIDs (decentralized identifiers) to trace customers’ engagement, with rewards allotted based mostly on the motion initiated. The ecosystem workforce launched DIDs in 2023, giving customers limitless management over their private information.
How It Works
Explaining how Karma works, The Darkish Shib, a significant Shiba Inu influencer, said that the system information and rewards customers’ each transfer, together with burning of SHIB, including liquidity on ShibaSwap, staking, and shopping for SHIB: The Metaverse land.
It bears mentioning that the factors allotted for every motion differ. Per Darkish Shib, it rewards customers 1,500 factors for burning SHIB, 1,500 for offering liquidity of over $1,500, and 1,000 for Shibverse land buy.
Moreover, customers obtain 500 factors for staking, 200 for including SHIB/LEASH liquidity to ShibaSwap, 100 for minting Shib Journal NFT cowl, and 32 for bridging property on Shibarium.
The influencer added that when a consumer swaps SHIB on ShibaSwap, an off-chain service detects the transaction and notifies KarmaLogic. Afterward, KarmaLogic calculates the factors and notifies KarmaStorage, which provides them to the consumer’s complete karma factors.
Look what I dug up on Puppynet—it’s Shibarium’s Karma Ecosystem, and I’m right here to interrupt it down. Sensible contracts like KarmaStorage and a squad of KarmaLogic setups are handing out factors for each transfer we make. Let’s dive in:
KarmaStorage is the spine—consider it because the vault… pic.twitter.com/TefIU3Gijd
— The Darkish Shib (@TheDarkShib) April 2, 2025
The factors for every motion are anticipated to alter as soon as Karma goes dwell on the Shibarium mainnet. The workforce has but to announce an official date for the mainnet launch of Karma.
In the meantime, its launch on the Shibarium mainnet is predicted to contribute to the general development of the Shiba Inu ecosystem. It encourages customers’ participation throughout numerous ecosystem tasks, as each motion is now tied to a reward.
