- Shibarium, a Layer 2 blockchain, announced Shibarium to revolutionize DeFi.
- It is supposed to provide increased scalability, faster transaction speeds, and lower fees.
- Self-governance token, BONE, would be used to pay gas and reward validators.
Shiba Inu (SHIB) is slowly moving toward dethroning DOGE from the position of the top meme coin. Shibarium, the Layer 2 blockchain, to seize the new era of blockchain innovation, had launched its testnet. This will be the first step in the direction of a new layer of scalability and performance and will revolutionize Decentralized Finance (DeFi).
Source: https://www.thecoinrepublic.com/2023/01/18/shibarium-testnet-announced-shiba-inu-gains-21-following/