Attention Holders of #SHIB
Shibu Inu and #Chainlink have partnered to grow the Shiba Inu ecosystem
Shibarium has integrated the Chainlink standard for blockchain interoperability as its canonical cross-chain infrastructure. Shiba Inu ecosystem assets (SHIB, BONE, and LEASH) have also adopted the Cross-Chain Token (CCT) standard to make Shiba Inu assets available on 12 blockchains.
The locking and minting mechanism enables token transfers from Ethereum to other chains, while the burning and minting mechanism facilitates cross-chain transfers on all other networks. Chainlink CCIP enables Shibarium developers to build reliable, feature-rich cross-chain applications that grow the Shibarium network.
“We are excited to partner with Shiba Inu and grow their ecosystem together. “The integration of Chainlink CCIP as Shibarium’s canonical cross-chain solution and Shiba Inu’s adoption of the CCT standard will enhance its capabilities and drive broad adoption of its ecosystem,” said Johann Eid, Chief Business Officer at Chainlink Labs.
“We look forward to seeing how the Chainlink standard for cross-chain interoperability and Chainlink Data Streams unlock innovation, expand the Shibarium network, and support the development of efficient and secure DeFi markets.”