RagnarShib, a Shiba Inu ecosystem team member and admin of the Shibarium Telegram group, has provided a fresh update about the ongoing development of Shibarium’s automated SHIB token-burning mechanism.
In a tweet today, the team member noted that the long-awaited burn portal has commenced testing. According to RagnarShib, the Shibarium burn mechanism was deployed last month on Puppynet, the testnet version of the L2 scaling solution.