An Idea to Increase The Burn

We create a new coin on Shibaswap, let’s call it $BARK… or whatever.

You redeem 100,000,000 $SHIB and get 1 $BARK in return. The 100M SHIB are then sent to the dead wallet and burned.

This will transfer the value of your SHIB to BARK which has a much smaller maximum number of coins (10M) and will increase the value of the remaining SHIB.

At the current price of .000028, a 100M :1 conversion would yield a $BARK price of $2,800 each.

This is basically a crypto version of a reverse stock split.

Without a new mechanism such as this, we will all be dead before we can burn a meaningful amount of SHIB.