Shiba Inu (SHIB) captured global attention when it surged to an all-time high of $0.00008845 in October 2021, drawing investors eager to capitalize on the explosive growth of meme-based cryptocurrencies. While its price has since cooled, SHIB remains a popular digital asset, not only for speculative trading but also as a means to generate passive income through staking. As decentralized finance (DeFi) continues to evolve, more users are exploring how to stake crypto effectively—and SHIB is among the top choices.
This comprehensive guide walks you through everything you need to know about Shiba Inu, the mechanics of crypto staking, and step-by-step instructions for staking SHIB tokens on both decentralized and centralized platforms. Whether you're a seasoned crypto holder or new to the space, this resource will help you make informed decisions.
What Is Shiba Inu?
Shiba Inu (SHIB) is an Ethereum-based meme coin launched in August 2020 by an anonymous creator or group known as Ryoshi. Inspired by Dogecoin, SHIB was designed to be a community-driven, decentralized cryptocurrency with a playful identity rooted in the popular Japanese dog breed.
Today, SHIB is more than just a meme—it’s the foundation of a broader ecosystem that includes ShibaSwap (a decentralized exchange), LEASH and BONE (utility and governance tokens), and a passionate global community known as the ShibArmy. The project emphasizes decentralization, with no central authority controlling its development.
SHIB is widely accepted across various online retailers and services such as Newegg, GameStop, AMC, and Nordstrom, enhancing its utility beyond speculation.
How Many People Own Shiba Inu (SHIB)?
As of 2025, Shiba Inu has approximately 1.29 million holders, with the top 100 wallets controlling about 80.77% of the total supply. The average wallet age stands at 1 year and 4 months, indicating a relatively stable holding pattern. Daily active users have surged by 147.09% over the past month, reaching 111,000, signaling growing engagement within the ecosystem.
Source: Skynet.certik.com
What Is Crypto Staking?
Crypto staking involves locking up a certain amount of cryptocurrency to support the operations of a blockchain network—specifically those using a Proof-of-Stake (PoS) consensus mechanism. By staking your tokens, you help validate transactions and secure the network, in return earning rewards paid in the same or related tokens.
The more tokens you stake and the longer you commit them, the higher your potential rewards. Unlike mining, staking is energy-efficient and accessible to everyday users with minimal technical setup.
👉 Discover how staking can turn your idle crypto into passive income.
How to Stake Shiba Inu (SHIB)
While SHIB itself does not run on a native PoS blockchain, you can still earn rewards by staking it indirectly through DeFi platforms or centralized exchanges.
Step 1: Buy SHIB Tokens
Before staking, you’ll need to acquire SHIB. You can purchase it on major exchanges like Binance, Coinbase, or Kraken. Ensure you store your tokens in a wallet that supports Ethereum-based ERC-20 tokens if you plan to use decentralized platforms like ShibaSwap.
Step 2: Choose Your Staking Platform
You have two primary options:
- Decentralized Exchanges (DEX): Platforms like ShibaSwap allow you to maintain full control over your assets.
- Centralized Exchanges (CEX): Platforms like Binance offer simplified interfaces and often higher Annual Percentage Rates (APR).
How to Stake Shiba Inu on ShibaSwap
ShibaSwap is the native decentralized exchange of the Shiba Inu ecosystem. You can "bury" (stake) your SHIB tokens here using the Bury feature.
Step-by-Step Process:
- Connect Your Wallet: Visit shibaswap.com and click “Connect Wallet” in the top-right corner. Supported wallets include MetaMask and WalletConnect.
- Ensure ETH Balance: You’ll need ETH to cover gas fees for transactions on the Ethereum network.
- Navigate to Bury: Go to the Bury section and click “Stake Tokens.”
- Select Amount: Choose to stake 50%, 75%, or 100% of your SHIB balance, or enter a custom amount.
- Approve Transaction: Confirm the approval transaction in your wallet—this is a one-time requirement.
- Receive xSHIB: Your staked SHIB will be represented as xSHIB, a wrapped token that accrues rewards over time.
How to Claim Rewards on ShibaSwap
Rewards are distributed in Bone ShibaSwap (BONE), the governance token of the ecosystem. The reward structure follows a 33%/67% split:
- 33% of earned rewards are available weekly for withdrawal.
- 67% are locked for six months to encourage long-term participation.
To claim:
- Visit the Woof page on ShibaSwap.
- Click the WOOF button to initiate the reward withdrawal transaction in your wallet.
You can later exchange BONE for other cryptocurrencies or stablecoins using non-custodial swap services.
👉 Learn how to maximize returns by swapping staking rewards efficiently.
How to Stake Shiba Inu on Binance
Binance offers a user-friendly staking experience with flexible and locked options.
Step-by-Step Guide:
- Create and Secure Your Account: Register using email and phone number, complete KYC verification, and enable two-factor authentication (2FA).
- Deposit SHIB: Transfer your SHIB tokens to Binance by selecting SHIB under “Deposit,” choosing the correct network (ERC-20 or BEP-20), and sending funds to the provided address.
- Navigate to Simple Earn: Go to Binance’s Simple Earn section.
Select Staking Option:
- Flexible Staking: APR around 0.02%, no lock-up period.
- Locked Staking: APR up to 12.09% for terms of 10 to 120 days.
- Subscribe: Enter at least 10,000 SHIB, review estimated daily rewards, and confirm your subscription.
Slots for high-yield plans are limited and allocated on a first-come, first-served basis.
Shiba Inu (SHIB) Price Prediction
Analysts project promising long-term growth for SHIB based on market trends and ecosystem development. By 2025, SHIB’s price could range between $0.00002524 and $0.000131, representing a potential increase of over 1,686% from current levels. Optimistic forecasts for 2026 suggest prices between $0.00003231 and $0.000291, signaling strong upside potential for early adopters.
Several factors support this outlook:
- High liquidity and broad exchange listings.
- Active development within the Shiba Inu ecosystem.
- Strong community engagement through ShibArmy.
With over 3.7 million followers on Twitter, the project maintains significant visibility and influence in the crypto space.
Shiba Inu (SHIB) Community
The ShibArmy is one of the most active and passionate communities in cryptocurrency. Comprised of developers, marketers, artists, and investors, this decentralized group drives real-world adoption through partnerships, NFT projects, charity initiatives, and educational content.
Community-led innovation has helped integrate SHIB into payment systems and expand its utility far beyond meme status.
Is Shiba Inu (SHIB) Secure?
According to blockchain security firm CertiK, SHIB holds a robust security profile:
- Security Score: 91.5
- Code Security Score: 92.53
- Operational Resiliency Score: 92.97
A comprehensive audit of ShibaSwap in July 2021 revealed no critical vulnerabilities. All major issues were resolved before launch, reinforcing confidence in the platform’s integrity.
Frequently Asked Questions (FAQ)
Q: Can I stake SHIB directly on the Ethereum network?
A: No. SHIB operates as an ERC-20 token and cannot be staked directly on Ethereum’s PoS chain. You must use platforms like ShibaSwap or Binance.
Q: What are the risks of staking SHIB?
A: Risks include smart contract vulnerabilities (on DEXs), exchange insolvency (on CEXs), price volatility, and lock-up periods limiting liquidity.
Q: How often are staking rewards distributed?
A: On ShibaSwap, rewards accrue continuously but are claimable weekly (33%) with the remainder locked. On Binance, rewards are typically distributed daily.
Q: Do I retain control of my tokens when staking on Binance?
A: No—centralized exchanges hold your assets. For full control, use non-custodial platforms like ShibaSwap.
Q: Can I unstake my SHIB at any time?
A: On flexible plans (Binance or ShibaSwap), yes. Locked staking requires waiting until maturity.
Q: Are staking rewards taxable?
A: In most jurisdictions, staking rewards are considered taxable income at the time of receipt. Consult a tax professional for guidance.
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Final Thoughts
Staking Shiba Inu offers a practical way to generate passive income while supporting a vibrant crypto ecosystem. Whether you choose the decentralized route via ShibaSwap or prefer the simplicity of Binance, there are flexible options tailored to different risk appetites and investment goals.
With strong community backing, solid security ratings, and growing utility, SHIB remains a compelling asset in the evolving DeFi landscape.
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Disclaimer: The information provided is for educational purposes only and should not be considered financial or investment advice.