• Shiba team announced their upcoming launch of the Shibarium Network, a Layer-2 Network for the Shiba ecosystem.
• Lower gas fees are a priority for the Shibarium Network.
• The team did not state an exact date for the release of Shibarium’s Beta, but did say that the launch is just around the corner.
The Shiba team recently announced the upcoming launch of their Shibarium Network, a Layer-2 Network for the Shiba ecosystem. As a scaling solution built on the Ethereum blockchain, the Shibarium Network promises to provide users of SHIB, BONE, and LEASH tokens with lower gas fees than they would typically pay when using the Ethereum network.
The Shiba team’s goal is to make the use of the Shibarium Network as cost-effective as possible, allowing users to save money on gas fees while still enjoying the same levels of security and scalability as the Ethereum network. The team also hopes that their contribution to the ever-growing DeFi space will help to further drive innovation and growth in the cryptocurrency industry.
Although the team did not state an exact date for the release of Shibarium’s Beta, they did say that the launch is just around the corner. This means that users of SHIB, BONE, and LEASH tokens will soon be able to start taking advantage of the Shibarium Network and its lower gas fees.
The Shiba team is confident that the launch of Shibarium will be a success, and that it will help to further drive innovation and growth in the cryptocurrency industry. With the crypto markets seemingly on track to recovery, it looks like the Shibarium Network is set to help make the use of SHIB, BONE, and LEASH tokens even more cost-effective.