How to Use Shibarium
Introduction:
Shibarium, a robust Layer 2 solution, stands as a testament to collaborative efforts by community members who introduced Shibaswap in 2021. The unwavering commitment of developers Shytoshi Kusama, Eric M, and Kaal Dhairya throughout the years, overcoming challenges in a bear market, underscores their dedication. They faithfully adhered to the Ryoshi vision plan, laid out by Shiba Inu’s founder, to craft Shibarium L2 exclusively for the Shiba Ecosystem.
Key Features:
• Gas Fee: Shibarium operates on Bone as its gas fee, ensuring every transaction results in the burning of Shib tokens.
• Decentralization: Shib, Bone, and ETH, the three tokens within Shibarium, are fully decentralized. No entity, including Shiba Ecosystem devs, has access to their respective token supplies.
• Automatic Burns: To enhance token scarcity, Shib developers are currently testing automatic burns on puppynet, reinforcing the commitment to a deflationary model.
• DAO System: A comprehensive DAO system is in preparation, allowing the community to actively participate in decision-making processes. This DAO system will serve as the governance framework for all three tokens within Shibarium, empowering the community to collectively shape the future direction.
How to Use Shibarium:
1. Acquire Bone and ETH: Purchase Bone and ETH on specific exchanges or send your ETH to MetaMask for swapping to Bone. Remember to reserve some ETH for transaction fees.
2. Add Shibarium to MetaMask: Visit chain.shibrpc.com and seamlessly integrate Shibarium with your MetaMask wallet.
3. Bridge Transactions: Proceed to shibarium.shib.io/bridge to engage in bridge transactions, effortlessly connecting your assets within the fully decentralized Shibarium ecosystem.
Embark on your Shibarium journey, contributing to the decentralized evolution of the Shiba Inu ecosystem. Stay tuned for further developments!
#Shibarium $SHIB #Layer2Network