Doge Killer (LEASH) is an Ethereum-based, dog-inspired meme token in the Shiba Inu ecosystem. LEASH is the name and ticker symbol of Doge Killer. LEASH was incorporated into the ShibaSwap decentralized exchange (DEX) to support the Shiba Inu ecosystem, which now consists of three native tokens – SHIB, LEASH, and BONE.
Doge Killer offers incentives for holders, stakers, and liquidity pool participants within the DeFi ecosystem. It has implemented features such as staking, governance, lending, swapping, and non-fungible tokens (NFTs), positioning it as a multifunctional platform capable of delivering diverse use cases within the DeFi space.
By holding LEASH, users become part of a select group that receives unique advantages and early access to new features and opportunities within the ecosystem, such as early access to new listings and discounted trading fees. In the past, LEASH holders have enjoyed various incentives, such as incentivized BONE rewards for providing liquidity on ShibaSwap, exclusive access to Shiboshi NFT minting, and early access to land sales in Shib: The Metaverse.
LEASH price and tokenomics
LEASH is an ERC-20 utility token launched in April 2021, serving as the second native token within the Shiba Inu ecosystem.
LEASH, initially launched as a rebase token pegged to Dogecoin, had its total supply reduced to 107,646 tokens. This limited supply model distinguishes itself from other dog-themed cryptocurrencies. Unlike tokens with billions or even quadrillions in circulation, LEASH's scarcity contributes to its potential for value appreciation. It is also a deflationary token, as each time it is transacted, a percentage of it is burned and destroyed.
The distribution of LEASH tokens occurred through a fair launch mechanism, ensuring a decentralized and equitable acquisition process for users. By implementing this approach, LEASH aims to provide a level playing field and promote broader participation within its community.
About the founders
Doge Killer was developed by the same team behind Shiba Inu, using the pseudonym “Ryoshi.” It was launched in April 2021 alongside the ShibaSwap DEX. Notably, Shiba Inu has formed partnerships with PlaySide Studios, a prominent video game developer in Australia, and enlisted the expertise of William Volk, former VP of technology at Activision, to contribute to their gaming projects.
Furthermore, Shiba Inu has partnered with NowPayments, enabling users to utilize SHIB, LEASH, and BONE tokens for transactions on various e-commerce platforms. This integration expands the utility and accessibility of these tokens, allowing users to engage in real-world transactions with ease.
