Shibarium’s New Hard Fork: How 70% of Fees Will Supercharge SHIB Burns
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Shibarium, the layer-2 scaling solution for Shiba Inu, is introducing a hard fork to significantly increase SHIB token burns. The upgrade features a revamped Bor component, which will change how transaction fees are handled. A substantial portion of these fees, specifically 70%, will be burned to reduce the total supply of SHIB and potentially increase its value.
The new upgrade aims to enhance the sustainability and efficiency of the Shiba Inu ecosystem. By burning 70% of transaction fees, Shibarium hopes to manage inflation and create a more robust economic model for SHIB holders.
This hard fork represents a pivotal moment for Shiba Inu as it attempts to shift its tokenomics and strengthen its market position. The community and investors are closely watching these developments, as the increased rate of SHIB burns could positively affect the price and long-term viability of the token.
Kaynak: coinedition.com ↗
