Shibarium is Now Live! Shiba Inu’s Ethereum L2 Network Hits Mainnet

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Shiba Inu, once popular as a meme coin, takes a giant leap into the world of DeFi and metaverse with the launch of Shibarium, its Ethereum Layer-2 network. It is all set to raise the bar with its proof-of-participation (PoP) consensus mechanism and a whopping 21 million wallets created during its beta phase.

This isn’t just another blockchain but a call for a new era of technology, decentralization, and above all, community empowerment. Here’s how they’ve done it:

The Shibarium tokens include BONE, TREAT, SHIB, and LEASH, providing the fuel for applications. As demand grows, these tokens are expected to gain value, building a strong financial ecosystem on the new blockchain.

Shibarium’s emphasis on gaming and the metaverse puts it at the forefront of technological evolution. It’s painting a picture of the future right before our eyes, a world where digital interactions are as real and meaningful as physical ones.

DoggyDAO: The Community’s Best Friend

Democratizing decision-making through DoggyDAO is a revolutionary concept. Token holders can directly impact the development of the network. This model brings decentralization to a new level, erasing the line between developers and users. This could redefine how we think about governance in the blockchain world.

Once a mere meme coin, Shiba Inu has matured into a significant player in decentralized finance. The launch of Shibarium is a bold step forward, promising innovation, scalability, and cost-effective transactions.

Built on proof-of-stake, Shibarium relies on validators and delegators. Through a rewarding system with BONE tokens, it ensures the ecosystem’s security and seamless operation.

The Technology Behind Shibarium

Using the Heimdall validator and Bor block production nodes akin to the Polygon ecosystem, Shibarium brings robustness and interoperability with the Ethereum Virtual Machine. A required lock of 10,000 BONE ensures the quality of validators.

Shibarium is more than a blockchain; it’s a symbol of what’s possible in the world of cryptocurrency. As the SHIB tokens continue to bark, the world seems ready to listen.