Crypto Updates

Shibarium’s Automated Burn Mechanism Enters Testing Phase: Aiming for Efficiency and Transparency

240 Million SHIB Destroyed at Christmas, 880.9 Million Burned Since Mid-Fall

In a recent update, the Shiba Inu ecosystem’s team member, RagnarShib, sheds light on the ongoing testing phase of Shibarium’s automated SHIB token-burning mechanism. The highly-anticipated burn portal has commenced testing on Puppynet, the testnet version of the L2 scaling solution. RagnarShib addresses a community misunderstanding, emphasizing that the deployment for testing was scheduled for …

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