According to CryptoPotato, Shibarium market strategist Lucie issued a statement on social media to clarify misunderstandings related to the project's token economics. The Shibarium team emphasized on Twitter that there is no central authority holding the keys to the SHIB supply, and the platform operates as a completely decentralized entity. This means that any tokens that are destroyed are the result of people choosing to use Shibarium.
A unique feature of Shibarium is that it enables the destruction of SHIB tokens with low fees, enabling millions of people to use and contribute to the destruction of SHIB tokens. Therefore, token destruction does not rely on a few people, but is a joint effort of the entire community. Every interaction on Shibarium will result in a small portion of SHIB being destroyed. While future updates will reveal the number of SHIB tokens destroyed, developers urge users not to rush for quick results. They emphasize that the impact of Shibarium is part of a long-term plan and is expected to have a significant impact within 8-12 months. In the statement, the team emphasized the importance of facts over hype, encouraging the community to remain patient in understanding the nature of Shibarium's token economics.
