š„š#shib ,Shibarium, the layer-2 solution, is set to launch a hard fork with a new version of Bor, the network's core component. Notably, it will introduce a burn mechanism.
The burnš„ mechanism will be directly linked to base transaction fees. The majority of these fees (70%) will be converted to SHIB tokens and removed from circulation. In such a way, it will be possible to decrease the total supply of SHIB tokens, thus potentially boosting the token's price.Ā
The remaining share of the base fees will be allocated toward ecosystem development.Ā
