The Shiba Inu team has announced a $2,000 Shibarium giveaway, running from July 15 to September 15. This initiative aims to encourage users to bridge their assets and actively use the Shibaswap platform.

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Participants are also encouraged to share their experiences on the social media platform X, using specific hashtags designated by the Shiba Inu team. This promotion is designed to increase engagement and activity within the Shiba Inu community, promoting the use of their decentralized exchange and bridging services.

Shibarium Announces $2,000 Giveaway to Boost User Engagement

In a recent announcement, DaVinci, a Shibarium Discord Admin, revealed a $2,000 giveaway contest designed to boost user interaction on Shibarium. The contest will run from July 15 to September 15, encouraging participants to bridge assets on Shibarium and share their experiences on X (formerly Twitter) using specific hashtags.

Source: X

To participate in the contest, users are advised to bridge a specified amount of crypto to Shibarium and utilize Shiba Inu’s decentralized exchange, Shibaswap. Participants should then share their experiences on X, including the hashtags #Shibarium and #TreatYourSelf.

Notably, the giveaway features a prize structure: $1,000 for first place, $500 for second place, $250 for third place, and $50 each for five additional winners. This initiative aims to increase engagement and activity within the Shiba Inu community, promoting the use of their decentralized exchange and bridging services.

Shiba Inu’s $2,000 Shibarium Giveaway: Insights and Recommendations

Lucie, the marketing lead for the Shiba Inu ecosystem, provided further details about the $2,000 giveaway contest during an exclusive interview with The Shib Daily, emphasizing the inclusivity of the promotion.

To increase their chances of winning, Lucie recommended that participants interact more frequently on Shibarium and actively promote the project on social media. This strategy not only boosts individual chances but also enhances overall community engagement.

The giveaway, organized by Shibarium Discord admins with support from developers Shytoshi Kusama and Kaal Dhairya, aims to foster greater community participation and engagement within the Shiba Inu ecosystem.

Shibarium’s Rapid Growth and Strategic Developments

Meanwhile, Shibarium has seen significant activity, with key metrics reflecting its growth. The blockchain has created 5,775,622 total blocks, with an average block time of 5.0 seconds. Total transactions on the network amount to 418,377,984. Additionally, Shibarium has 1,810,035 unique wallet addresses, a testament to its broad user base. The gas tracker reports transaction fees at less than $0.01, making it cost-effective for users.

Daily transactions on Shibarium average 3,190. This activity is further supported by recent partnerships with K9 Finance and Unification, aimed at enhancing Shibarium’s DeFi ecosystem. These collaborations seek to bolster decentralized finance within the Shiba Inu ecosystem, leveraging the Shibarium layer-2 solution and the security of the Ethereum network.

Shibarium’s focus on community and innovation is evident in its latest developments. The upcoming Shib Marketplace, powered by Shibarium, seeks to revolutionize digital commerce by providing transparent and secure transactions. This platform will eliminate intermediaries and mitigate fraud risks, leveraging Shibarium’s smart contract features

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