SHI

BAI
NU
ECOS
YSTEM

BONE

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 I
NTRODUCTI
ON
Ourj
our
neywast
heans
wertoasi
mpl
equest
ion.
Whatwoul
dha
ppeni
facry
ptoc
urr
enc
ypro
jectwas1
00%r
unbyi
tsc
ommuni
ty?

Whiletheterm DeFili
ter
all
yinc
ludesthewordde c
entra
li
zed,thisisinref
erenceto
eco
no micst
a t
usaso ppos
edtoit
si nt
erna
lhi
erarc
hy.Ourfounder,Ryoshi
,sai
dt hi
sof
ourbe gi
nnings,“
Wea reane xperi
mentin de
centra
li
zeds po
nt aneo
usc ommunity
bui
lding(
..
.
)”

Whi
lenoneofusc
oul
dha
vei
magi
nedi
tatt
het
ime
,thi
swa
sac
onc
eptt
hatwo
ulds
tar
t
ar
evol
utio
n.

Proj
e c
tsbuilto
nthef
ounda
tio
nofcommunit
yinvol
veme ntar
etheunt
a medwil
dernes
s
ofourf utur
e.Aswemovefur
thera
wa yf
romrigi
dfinanci
alst
ruct
ure
sa ndtr
adit
ional
mindsets,webe c
omefr
eetodis
coverne
wwa ystos o
lveprobl
emsa ndrel
atetoone
another.

I
naworldr
ule
dbyt heco
mmodi
fi
cat
iono
ftime,c
ommuni
ty-
runproj
ect
saremoret
han
j
ustac
hangeofpa
ce ,
the
yar
eawaytoprac
tic
ether
adi
cal
accept
anceofo
ther
s.

Whens ucc
essde pe
ndso ntheshare
ds tr
engthoftheindiv
idualswhoma k
eupa
col
l
ecti
ve,wea refo
rcedtoshi
ftourpers
pecti
vest
oa l
ignwit
ht hosearoundus.The
Shi
baInuEc os
y s
temi sourwa
yo frec
ogniz
ingtheimport
anceo ftea
ringdownt hi
s
l
ong-e
stabl
ishedparadi
gm.

Ac o
mmuni t
yi shel
dt ogetherby hundr
eds,ifnott
housands,ofinter
conne
cted
moments.
Bystudyi
ngthosedrawntoourpr
ojec
t,wer
eal
i
zedthattr
uestre
ngthdoesn’
t
co
mef r
omo neofusal
one,itco
me sf
romwhe nweworkt
oget
he ri
nharmony.

Wit
hthatt
houghtbr
ighti
nourmi
nds
,webe
gande
vel
opi
ngt
heShi
baI
nuEc
osy
ste
min
ea
rnes
t.

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 WHY
DECENTRALI
ZATI
ON?
Wea
res
tandi
nga
tapi
vot
almo
menti
ninno
vat
ion.

Unti
lnow,centra
li
za t
ionhasbeenapr e
requi
si
tef o
ra l
lofouro ici
alst
ructures.
Pol
it
ical
,educat
ional,andfi
nanci
alsystemsare,andhavealwaysbeen,cra
ftedin
awa ythatdoesno tequal
lyande thic
all
ydist
ri
but epowertothosefuncti
oning
wit
hinthem.The reha vebeentime sinourhist
o r
ywhe rethissortofinter
na l
st
ructur
eplayedanimpo rt
antro
le,butinanagewi t
htheinf
o r
ma t
ionofthewo rl
d
avai
l
a bl
eatthecli
cko fabutt
on,it
’stimetoret
hink.

2
021o penedo ureyestohowlitt
lecontr
oltheaveragepers
onhasinthefac
eo f
t
heseo ver
arching,ge
nerat
iona
lstruct
ureswhenGa meStopandAMCs t
ockvalue
e
xplodeds e
emi ngl
yo ve
rni
ght.Wall
Stre
etBetste
stedthewater
sofwhatitwould
l
ookli
k etodispers
econtro
ltoconsumersandinexperi
enc
edinves
tor
sali
ke.

I
twa si
nspir
ing,
butitdidn’
tlas
tlong.J
ustwhenthemoveme ntseemedtobeo n
thebri
nkofsucc
ess,
itwa st
hrot
tle
dbyt hebur
eauc
racyo
fo urcent
rali
zedsoc
iet
y.
However,
notbefor
ethisconce
pto fanewpoweramongthepe opl
etookroot
.

Monthsbef
o r
eanyoft
heseeve
nt smadeinte
rnati
onalnews
,Ry
oshiwa
sa l
rea
dy
se
tti
nghis100%communi
ty-
based,cr
yptocur
renc
ye x
pe r
ime
nti
ntomot
ion.

Cr
y ptocurrencyitsel
fcomesfromt hei deao fredefi
ningwe al
tha ndho witcanbe
ac
quire d,whi c
hgoe sa ga
insttradit
iona lprocessesbyi t
sv eryna t
ure.Andy et
,
most,ifnota ll
,cr
yptocurr
enciesfunctionwi thi
ne nfo
rceabl
er ul
es .
It’
seasytosee
whenwel oo kba ckatc as
e sliket heSEC’ swi no v
ert heKi nEc osy
s t
em( a
ce
nt r
a l
izeda utho
rity)
,orwhenwec onsiderho wtheBinanceSma rtChainseemsto
usecent r
ali
ze dauthori
tytoo e r“bene fi
ts”o v
ertheirdecent
r a
li
z e
dpa rt
nershi
ps.

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 I
ntheeve
r-s
hif
ti
ngeco
nomicl
andsc
ape,cr
ypt
ocur
rencie
swhichdonott
aket
hei
r
i
ndepe
ndencei
ntot
hei
rownhandsst
ruggl
ewit
hate nuouse
xist
enc
e.

Whenther
ule
so ft
hegamearec
hangedaga
instt
hei
rfa
vor
,the
yha
venoo
pti
on
butt
ocompl
y;re
gardl
esso
fthec
onseque
nces
.

OURBACKGROUND

Ry
oshia
ppr
oac
hedt
hec
rea
tio
nofo
urc
ommuni
tyf
rom auni
quepe
rspe
cti
ve.

“Webe li
evethro
ugh t
hepo wero fcoll
ect
ivedecentr
ali
zati
on wec
an bui
l
d
somethi
ngstro
ngert
hanacentr
ali
zedteameverc
ouldcreate
.
Aco mmunit
y-r
untok
enisno
thingwitho
uttheuni
tedindi
vidual
swhogi
vei
t
purpose
.”

Fromtheea r
lyda
ysofShiba,webecamek nowna stheShibArmy,bot
hamongst
ourse
lvesandacr
ossthecountl
essothe
rpl at
forms.Thiswasn’
tjus
taname.For
manyi tbecamepar
to fthei
rusername,theirhandle
,a ndthe
iravat
ars
/pr
ofi
l
e
pic
tureswhic
htheyswit
chedtoouradorableShi
bas por
tingaberet
.

Whet
heryouar
eanewrec
rui
torpar
toft
heo l
dguar
d,i
fyo
ufl
yunde
rtheShi
b
ba
nner,
youmuste
mbra
ceourf
oundi
ngpr
inc
ipl
es:

1
.Westa
rtedfr
omz
ero
,wi
thz
ero
.It
’st
hes
pir
ito
fourpr
oje
ctt
ocr
eat
eso
met
hing
o
utofnothi
ng.

2
.Wewe r
eno tfoundedfroma ne x
ist
ingcommunity,le
ta l
oneapr eassembl
ed
t
eam.Thebril
l
iantmindsbehindShibhadnevercoll
aborat
edbefore
. Theywerea
f
reshtea
mo fde vel
opers
,designers
,mode r
ato
r s
,ma r
keters
,ands hil
le
rs.When
y
ouj o
inedtheShiba r
my ,fr
o ma nywher
eint hewo r
ld,youfoundwhe r
ey o
ur
t
ale
ntscoul
dbeus edbest,a
ndgo ttowo r
k.

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 3
.Wel
oveShi
baI
nuDogs
.

Wea r
epr o
udo fwhe r
et heShibArmyor
igi
nat
eda nde qual
l
ye x
c i
tedfo
rour
fut
ure.Ourfounder
,Ry oshi
,chos
etosta
rtShibfr
o m nothi
ng,andgavethe
dir
ect
ionofthecurr
encyt oourarmy(
whic
hrapi
dlygrewt obeov e
r120,
000+
membe r
sstr
ong).

Sta
rti
ngwithnot
hingmeanseve
ryo
nehast
obri
ngs
o methi
ngtot
hetable
.
Theholde
rsandbeli
eve
rsino
urShi
bArmyhav
ebeenthesour
ceofa
lloursuc
ces
s.

Youa ndmoretha
n120,
000fe
llo
who l
der
s,admi
ns,
mods,l
eader
sofi
nte
rna
tio
nal
chatr ooms
,soci
almedi
ainf
luenc
ers
,me memakers
,shi
ll
ers
,andmostofa l
l
,
fri
ends .

THANKYOU.
Youa
ret
her
eaSHI
l BARMY,
andwes
alut
eyo
u.

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 WHYETH

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 SHIBARESCUE
WITHAMAZONSMI
LE

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 THEVI
SIONOF
SHI
BASWAP

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 THESTARTING
TOKENOMICSOF
SHI
BASWAP

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 Whe
nyuBURY(
o Sta
ke)t
oke
ns:

SHI
B LEASH BONE

x
SHI
B x
LEASH t
BONE

TheShi
baSwa
pLi
qui
dit
yPa
rs(
SSLP)a
re:

SHI
B LEASH BONE

Shi
b-Et
hSSLP Le
ash-
EthSSLP Bo
ne-
EthSSLP

Thes
epool
swillthendi
str
ibut
ere
war
dspr
opo
rti
ona
ll
ytoho
lde
rso
fthe
af
oreme
nti
one
dt o
k e
npool
s.

Whil
ethestakedtokensre
ceiveafi
xedper
centageo
fBONE,t
heSSLPpool
s
ar
edistr
ibute
da sBPB( BONEpe rbl
ock)base
do nthea
ll
oca
tio
npoint
sto
ea
chindi
v i
dualPuppyPools.

F
urthermo
re,c
ert
ainPuppyPoo
lsa
ree
li
gibl
efo
rDOUBLEo
rev
enTRI
PLE
r
eturns
!

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 SHI
BAECOSYS
TEM
TOKENOMI
CS

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 3%BONE
Minte
dpe rblock
+
0.3
%Al l
Ethereum
Tr
ansac
tionFees

xSHIB Youge
txSHI
B
BURY Poo
l (
Sha
reo
fthePo
ol)
SHI
B

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 Bone
sMi
nte
dpe
rBl
ock

Youget
SHIB-
ETH
DI
G Pool Shi
b-Et
hSSLP
SHI
B (
Sha
reo
fthePo
ol)

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 $
LEASHI
NCENTI
VES

WhenSTAKED,
itgene
rate
sxLEASH.
xLEASHhol
der
sarepartoft
hexLEASHPOOLa
ndwi
l
lga
in0.
5%o
fal
lBONEPe
r
Bloc
k(BPB)
.

0.5%BONE
Mi
nte
dperbl
ock

xLEASH Youge
txLEASH
BURY Poo
l (
Sha
reo
fthePo
ol)
LEASH

Moreo
ver,toe nc
our
ageLEASHLi
qui
dit
y heLEASHSSLPTOKENPuppyPoo
,t l
gat
hers0. 3
%o falWBTC s
l waptr
ansac
tio
nsand 0.
3%ofallUSDC s
wap
tr
ansac
tions.

I
nthi
sca
se,
LEASHSSLPTOKENPuppyPoo
ltr
ipl
ess
tak
ingr
etur
ns.

Bone
sMi ntedperBl
oc k
+
0.3%WBTC
+
0.
3 %USDC
f
romallSwa ptr
ansac
tions

Youget
LEASH-ETH
DI
G Poo
l Le
ash-Et
hSSLP
LEASH (
Sha
reo
fthePo
ol)

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 1%BONE
Mi
nte
dperbl
ock

xBONE Youge
ttBONE
BURY Pool (
Sha
reo
fthePo
ol)
BONE

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 Bone
sMi ntedperBl
oc k
+
0.
3%DAI
+
0.3
%USDT
f
romallSwapt r
ansac
tions

Youget
BONE-
ETH
DI
G Pool Bone-Et
hSSLP
BONE (
Sha
reo
fthePo
ol)

NOTE:
Swa
ptr
ans
act
ionsa
res
pec
if
ic
all
yfo
rthet
oke
nSwa
pfunc
tio
n.

SHI
BASWAP
LI
QUIDI
TYEVENT

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 THEGRRRLI
ST

THEFUTURE
OFSHIBASWAP

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 CONCLUSI
ON
TheShibacommunit
ystart
edwi
ththeseedofanidea.Whatcoul
dha ppenwithno
centr
ali
zedteam,nofundi
ng,andnodi r
ectle
ade r
ship
?Co ul
dde centr
aliz
ati
on
actua
ll
ywo rk
?Couldwefoll
owtheperf
ectst
ormo fdigi
tal
currenc
ies,l
i
keBTCo r
DOGE, ex
ceptper
petua
tesomet
hingthati
sful
lycommuni t
y-dri
ven,i
nstead?

Now,whi
leIdosta
ya ro
unda ndma k
ei tmymissi
ont o“defe
ndt hebr a
nd”and
pro
tec
tthecommunit
yfromleeche
sa ndscammers
, t
hev ol
untee
rt ea
mha sdo
ne
amazi
ngworkandbui
ltthef
utureofmeme c
oinf
inancethr
oughShi baSwap.

Thisi
sthebegi
nningofanewerafo
rde c
entral
i
z e
dc ommuni t
ies
.Whe ntheti
mei
s
ri
ght(bec
ausegoodthingsc
an'
tberushed),
ShibaSwapwi l
lbethecruci
alpoi
ntof
conta
ctbetwee
nt hede c
ent
ral
i
zedwo rl
dandgl obalcommuniti
es,al
lowingust
o
actua
li
zeourvi
sionofwides
preadado
ptionofDeFic r
yptocurr
ency
.

Agai
n,wewouldli
ketosayt
hankyo
utoe a
chande
ver
yoneo
fyo
u.Wi
tho
uty
our
par
ti
ci
pati
on,noneofthi
swoul
dbepos
sibl
e.

I
t'
sti
mef
orust
obe
gin.

-Ry
oshi

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