3 months ago 2 min read

BONE Has Received Official Support From Shibarium As Only Token For Gas Fees

BONE-Shiba inu

In response to claims that the new network required the use of extra tokens, Shibarium Network recently issued a statement.

Members of the Shiba Inu community are buzzing with excitement as they anticipate the long-awaited introduction of the Shibarium solution.

This justification was necessary in light of rumors that suggested more tokens were needed in order to use Shibarium; in actuality, BONE is the only token required for gas fees and use when it comes to Shibarium, and it will stay as such.

The team underlined the Shiba community's ownership of the layer-2 solution, highlighting its solid foundation for innovation and supporting the Shiba Inu ecosystem.

Shiba In's progeny token BONE will be essential in layer 2. The token would be utilized by SHIB layer 2 validators. BONE minting was halted at 230 million in order to use the remaining 20 million BONE for Shibarium validators.

Shibarium, according to the thread, was not created to benefit other projects that claim ownership of it or to raise money through speculation about its operability's reliance on other tokens. It was made specifically for Shibtoken.

Additionally, developers noticed people should keep an eye on official announcements and prevent disinformation from other parties.

To always get the most recent updates with precision and clarity straight from the source, please keep an eye out for official material via our social media and blog portals.

In the Shiba Inu ecosystem, BONE, a lesser player, fared wonderfully. A sizable portion of the sector has been negatively harmed by the protracted bear market.

In the past week, BONE has increased by 36,58% despite market volatility.

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