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Tag: Ash

Shibarium's Latest Update: How 70% of Transaction Fees Turn to Ash!

Shibarium's Latest Update: How 70% of Transaction Fees Turn to Ash!

In the ever-evolving landscape of cryptocurrency, innovations aimed at enhancing value and engagement within digital ecosystems are constantly being introduced The shiba Inu ecosystem, renowned for its vibrant community and forward-thinking initiatives, is on the brink of implementing a transformative update through its Shibarium layer-2 solution This update signifies a pivotal moment for the SHIB community, as it introduces a novel burn mechanism tied to transaction fees, alongside improvements in transaction speed, stability, and network security Revolutionizing SHIB's Economy with Strategic Burns The forthcoming Shibarium update heralds a significant shift in the tokenomics of SHIB, setting a stage where 70% of all network base transaction fees are to be converted into SHIB tokens and then irrevocably removed from circulation This deflationary maneuver is poised to incrementally elevate the token's value by methodically diminishing its overall supply...

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