.wellyfriends will start burning SHIB tokens in 'different ways'
In early February, the Italian fast-food restaurant performed a full rebrand after partnering with the Shiba Inu team. Earlier this April, Welly said that it would “actively participate” in the Shiba Inu burning process, but it was coy about details.
NOWPayments, a non-custodial cryptocurrency payment gateway, recently introduced a mechanism that lets merchants burn some of their profits. Welly, Sorbillo’s, and other merchants have already partnered with NOWPayments in order to receive payments in Shiba Inu., the Shiba Inu team recently launched a burn portal that allows SHIB holders to reduce the token’s circulating supply while simultaneously generating passive income. The portal managed to burn more than 10 billion tokens during the first day.
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