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Shiba Inu L2 solution Shibarium mainnet has been launched.
2023-08-17 00:42
Odaily News: Shiba Inu developers have launched the Shibarium mainnet, an Ethereum Layer 2 scaling solution. Applications built on this network will utilize the BONE, TREAT, SHIB, and LEASH tokens. Shibarium will focus on the deployment and development of metaverse and gaming applications.



During the Shibarium testnet phase, users have created a total of over 21 million wallet addresses. Shibarium will utilize Heimdall validators and Bor block production nodes, similar to the Polygon ecosystem. Heimdall will be based on the Tendermint consensus engine, while Bor will be fully interoperable with the Ethereum Virtual Machine. Users need to lock 10,000 BONE tokens in the Shibarium network to become validators. 21 million BONE tokens will be reserved as rewards for validators and delegators within the Shibarium ecosystem, as well as for paying authorized gas fees.



According to the OKX market data from Ollie: SHIB is currently trading at 0.000009027 USDT, with a 24-hour decline of 9.80% (CoinDesk).