šŸ”„šŸŽ‰#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 burnšŸ”„ 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 

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