Company’s Core BONE Declaration Released by the SHIB Team

Through its marketing Twitter handle operated by its development team, Shiba Inu announced through its official marketing communications arm known as Lucie important details about the BONE token and its functionality within the Shibarium Layer 2 solution. Lucie also pointed out that BONE is in all developments involving Shibarium and participates in the process of the Shiba tokens’ burning.

For the SHIB Community: Critical BONE Statement

Lucie, the marketing head for Shiba Inu, took the opportunity to explain that the BONE Shibaswap (BONE) token occupies important positions within the framework of the Shibarium layer-2 blockchain. She stated on her tweet that “everything on Shibarium revolve around BONE,” He further explained that token is integral for activity and improvements on Shibarium.

Additionally, the BONE is utilized for the process of ‘‘minting’’ or ‘burning’ of the SHIB token. Each user that transacts on Shibarium is involved in the burning process when they transact using BONE diminishing the circulation of SHIB.

All gas fees on Shibarium are paid in BONE tokens and some of the tip from the fee is converted into Shiba Inu coins and sent to the burn wallet resulting in being locked up and unable to be spent again. This process was made much easier when the SHIB burn portal was introduced on Shibarium.

Shiba Eternity Beta: Tracking a Major Development

Apart from her statement on BONE, Lucie announced another big success for the Shiba Eternity mobile game which is in the closed beta version and accessible only to LEASH holders. Currently, the platform’s testers have managed to deploy over 140k NFTs by way of Shibarium.

Even more shocking is that all these NFTs were created with a total of $310 in gas fees or 800 BONE. Now, large-scale NFT projects combined with Shibarium show the efficiency and mileage of this layered solution.

Lucie also noted that there are actually more than one form of the above mentioned disease in the market. 4 millions SHIB holders in crypto with numerous users of Shibarium. Shibarium has very low transaction fees which will be even more advantageous during high volume activities such as minting NFTs.

At the present time the 800 BONE gas fees were paid by an unknown sponsor a common feature of today’s disruptive projects.

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