Shabu Shabu

Shabu Shabu


Key Metrics

Real Volume (24H)$32.12
Fully Diluted ValuationN/A
ATH Date5/10/2021, 4:11:00 PM
ATL Date4/14/2022, 10:00:37 AM
Circulating Supply41M
Total Supply54M
Popularity Rank1445
What is Shabu Shabu?

Shabu Shabu Finance emerges as a dynamic yield farming project, drawing inspiration from Sushiswap and YFII. It introduces a range of finance tools, including the ability to yield farm new tokens and a vault for staking in Liquidity Pools on both the Kobe swap exchange and Uniswap. The primary goal of Shabu Finance is to provide an array of finance tools and products while establishing itself as a community-governed finance marketplace. The governance token plays a pivotal role in shaping the development and future trajectory of Shabu Finance.

The utility token, KOBE, serves multiple purposes within the Shabu Finance ecosystem. Firstly, it fuels transactions and facilitates fees within the Shabu Finance swap platform. Additionally, KOBE is used for yield farming and staking of new utility tokens. Lastly, KOBE empowers the community and facilitates project governance.

What sets Shabu Shabu Finance apart is its unique community-driven nature. It is a project created by the community and governed by the community. Unlike traditional approaches, Shabu Finance refrains from fund-raising, involving seed, venture capital, or private investors. Furthermore, there are no pre-mined tokens, ensuring a fair distribution through the process of yield farming.

The tokenomics of Shabu Shabu Finance revolve around a maximum supply of 54,000,000 KOBE tokens. Holders of KOBE tokens play a vital role in determining mining rules and mining pools through voting mechanisms. Additionally, 25% of the KOBE tokens mined by the community are set aside for various purposes, including project development, future exchange listings, smart contract audits, and community incentives. Within this allocation, 10% is dedicated to business developments and partnerships, 5% for exchange listings, 5% for smart contract audits and codes, and another 5% for community incentives.

Community stakeholders hold the power to vote on the direction of the project and the allocation of community incentives. This democratic approach ensures that the community's voice is heard and that the project aligns with the collective vision and values of its participants. Through active participation and engagement, community members shape the trajectory of Shabu Shabu Finance, fostering a sense of ownership and empowerment.

In summary, Shabu Shabu Finance stands out as a yield farming project that places emphasis on community ownership and governance. With a fair token distribution, community-driven decision-making, and the utility of KOBE tokens across various facets of the platform, Shabu Finance aims to create a vibrant and sustainable ecosystem for finance tools and products. By leveraging the power of the community, Shabu Shabu Finance is poised to make significant strides in redefining the decentralized finance landscape.


The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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