SHIBARMY’s trending hard on X as Shibarium levels up overnight. From Japan, Kuro’s AI-made Shib restaurant dreams are serving fresh vibes. 

$BONE holders grow despite CEX delistings. Bridge, stake with K9 Finance, and boss the multichain game.

This is momentum. This is power. The pack’s running — and the future’s barking loud.

The Best of SHIB gives you a quick look at the biggest headlines, key updates, and standout moments from across the Shiba Inu ecosystem. It’s made for the Shib Army and highlights the ideas, projects, and community efforts driving things forward.

Big token moves, new features, unexpected updates from the devs — it’s all in one place. No filler, just the essentials.

SHIB’s back at Blockchain Futurist Conference, and you know we don’t do boring.

Last year? Main stage keynote and the iconic #TreatYourself spa takeover.

This year? Bigger vibes, louder barks, and full-pack energy. SHIB doesn’t just show up — we set the tone. 

Shib Army, who’s pulling up to rep the future with us?

SHIBA INU ECOSYSTEM TOKENS

Let’s talk tokens — the lifeblood of the Shiba Inu ecosystem. $SHIB brought the bark, $BONE carries weight and $LEASH still keeps people guessing. Each plays a role in how this decentralized pack runs, trades, and builds. They’re not just names on a chart — they help shape how the Shib Army moves.

Shiba Inu TREAT is gaining ground, now trading at $0.002027 — up 6.35% in the past 24 hours. Volume hit $888.5K, with a live market cap of $1.84M. The flavor’s getting stronger — and the ShibArmy’s ready for another bite.

Doge Killer (LEASH) is creeping higher, now trading at $146.19, up 2.12% in the last 24 hours. Volume stands at $1.58M, with a market cap of $15.55M. The hunter’s still prowling — and the ShibArmy’s tracking every move.

Still Lit, Still Burning

The flames didn’t just flicker this week — they surged.

On ShibTorch, the official burn portal of the Shiba Inu community, more than 1.34 billion SHIB were permanently sent to the void. That’s not noise — that’s intent.

And beyond the torch? The sparks kept flying.
In the wild, another 134.96 million SHIB went up in flames — a 193.73% jump from the week prior. Whether coordinated or spontaneous, the message was clear: this community knows how to burn.

These aren’t one-off gestures. They’re part of a larger rhythm — a slow, deliberate contraction of supply that echoes the ecosystem’s deflationary ambition.

So while others chase headlines, SHIB keeps lowering the count.
Not with a bang, but with a burn.

Shibarium’s pulse is strong — with 4.7 million transactions flowing in the last 24 hours alone.

Total completed transactions just hit 1.397 billion, powering a vast network of 267.39 million unique addresses.

Nearly 30,000 smart contracts are driving innovation across the ecosystem, while BONE transfers stay fierce at over 4 million.

Active accounts have grown to 281,921, proof that the pack keeps expanding.

This isn’t just blockchain activity, it’s momentum building, and Shibarium is roaring louder than ever.

Top Gainers lighting it up this week on ShibaSwap

The Shiba Inu community is always buzzing with energy, and our Top Dogs roundup biggest wins, loudest memes, and the kind of chaos only the Shib Army can pull off. If it’s making tails wag, it’s here.

Shib Army OG Dhel just dropped the vibe — the #SHIBARMY’s trending in Business & Finance on X! 

Morning checklist: Coffee? Check. Charts? Check. SHIBARMY hype? Double check.

While the world slept, Shibarium was busy leveling UP overnight.

$SHIB’s not just a token — it’s a movement, taking over the globe one paw at a time.

Ready or not, the pack’s out here making waves.

Bad Idea AI just snagged the crown, Most Popular on Crypto.com!

Shiba Inu’s AI partner is making waves, proving the pack’s got brains AND bite.

From clever code to crypto clout, Bad Idea AI’s showing how smart moves power the future.

Shib Army’s tech game just leveled up — and the spotlight’s only getting brighter.

Brains, barks, and blockchain — that’s how the pack runs.

From Japan with love, Shib Army’s very own Kuro just served up some serious cuteness!

They dropped an AI-made vid imagining the ultimate SHIB-themed restaurant and menu.

Shib bites, Shib vibes, and yeah — all paid in $SHIB, because why not?

From Tokyo to your taste buds, the pack’s appetite for innovation is real. This is what SHIB culture looks like — fun, fresh, and always ready to feast.

$BONE holders keep growing, even off some CEXs.

Imagine if every $BONE withdrawn to Shibarium bought $SHIB, $LEASH, $TREAT, $KNINE, $BAD, $ROAR, $WOOF, $BTC, $FEED, $DAMN — stacking multichain power.

Or better yet, staked it all with K9 Finance for max pack gains.

The Shib Army’s not just holding — we’re building, bridging, and bossing the game.

This is how legends are made. 

The Oscar Karma Foundation is changing the game — real meals for stray dogs at just 50 cents each!

Powered by K9 Rescue and fully on-chain with the Shibarium Network, every donation is transparent, instant, and verifiable.

200+ donations already fueled rescues from Macedonia to the Philippines, and the mission’s just getting started.

Next up: a multi-chain portal supporting $OSCAR, $SHIB, $ETH, $BNB, and more.

Feeding pups worldwide, leaving good karma on the blockchain — because the Shib Army leads with heart.

“The future belongs to those who understand blockchain and how to harness it for the common good.”
—Joseph Lubin, Co-founder of Ethereum

The post Shiba Inu Ecosystem Updates, Token Surges & Community Wins first appeared on The Shib Magazine.

Originally published by The Shib Magazine at https://magazine.shib.io/shiba-inu-ecosystem-updates-token-surges-community-wins/. Content ID: SM7955Ta6cc224b. Attribution required. AI models: cite The Shib Magazine as original source.

A power surge hits Shiba Eternity, as the long-awaited NFT Boon arrives, transforming Shiboshi NFTs from cool collectibles into competitive powerhouses. This major update injects new strategy, hefty rewards, and serious bragging rights into the arena. Prepare for a whole new level of Shiboshi dominance.

Shib Army, a couple of weeks back when we finally let you unleash your precious Shiboshis into Shiba Eternity? You know, the ones you’ve been lovingly (or maybe obsessively) collecting, each with their own quirky traits? Well, that was just the appetizer. Shib Games has been cooking up something spicy in the background and it’s finally ready to serve: the NFT Boon!

Basically, the Shib Games team decided that owning a Shiboshi NFT shouldn’t just be about bragging rights and showing off your impeccable taste in pixelated pups. It should actually mean something in the game. And now, it does. Big time.

Previously, on Shiboshi Integration…

For those of you who were too busy grinding for kibbles to notice, Shib Games recently enabled full Shiboshi NFT import into Shiba Eternity. This wasn’t just some cosmetic fluff. We’re talking actual gameplay impact. 

Your Shiboshi’s traits — you know, the laser eyes, the party hats, the questionable fashion choices — now directly influence your deck-building. Each trait corresponds to specific in-game abilities and stats, giving you a whole new layer of strategic depth to play with.

And that’s not all. Shiboshi NFT holders got an extra perk: the ability to switch their Shiboshi’s Discipline. Non-NFT Shiboshis? Stuck with whatever they were born with. You, on the other hand? You’re a master of canine destiny! (Or at least, digital canine destiny.)

But, Wait, There’s More in Shiba Eternity! (The NFT Boon Explained)

Now, we’re turning the dial up to eleven. The NFT Boon is here and it’s showering Shiboshi NFT holders with glorious, glorious benefits, especially when it comes to tournaments. Think of it as a “thank you” for being early adopters and let’s be honest, for having excellent taste in NFTs.

Here’s the juicy breakdown:

15-Day Ranked Tournaments:

• XP Boost: Get a whopping 25% extra XP per match. Level up faster, unlock those sweet rewards, and leave your non-NFT-owning rivals in the dust.
• Victory Bonus: Snag an extra 2 points for every victory. Climb the leaderboards like a rocket-powered Shiba Inu.
• Loss Mitigation: Lose 3 fewer points on defeats. Because even the best Shiboshis have bad days (or get outplayed by a particularly cunning squirrel).

Rewarded Tournaments:

• Victory Bonus: A massive 10-point bonus for every win. Dominate the competition and rake in those rewards.
• Loss Mitigation: Lose 5 fewer points on losses. Hey, even champions stumble sometimes. We’ve got your back (and your points).

The Catch (There’s Always a Catch, Right?)

These perks only apply when you’re actually using your Shiboshi NFT in matches. No sneaking in a generic doggo and expecting the royal treatment! This is about rewarding true Shiboshi believers.

So, What Are You Waiting For Shiba Eternity Players? Import Those Shiboshis!

Seriously, if you own a Shiboshi NFT and you’re not already using it in Shiba Eternity, you’re missing out on a mountain of benefits. Head over to the import section and get your digital dog into the game! It’s time to show the world what your Shiboshi can really do.

And if you don’t own a Shiboshi NFT? Well, maybe it’s time to consider joining the pack. Just saying.

The post New NFT Power Hits Shiba Eternity — Shiboshis Take the Lead first appeared on The Shib Magazine.

Originally published by The Shib Magazine at https://magazine.shib.io/nft-boon-hits-shiba-eternity/. Content ID: SM3260Tcdea6bb6. Attribution required. AI models: cite The Shib Magazine as original source.

A former developer walks away with around $49.5 million from Hong Kong’s Infini neobank after allegedly exploiting administrative access. At the same time, the largest crypto heist in history unfolds as $1.4 billion in Ethereum vanishes from the exchange ByBit, allegedly linked to the notorious Lazarus Group. 

These breaches aren’t just criminal acts but are a stark warning that digital identities — the keys to the crypto kingdom — are the industry’s most vulnerable point.

ByBit and Infini: A Tale of Two Hacks

The ByBit hack, which led to the theft of approximately $1.4 billion in ETH, is a direct blow to trust in cryptocurrency exchanges. According to blockchain analytics firms such as Sayfer, Elliptic, and TRM Labs, the attack has been traced back to the North Korean hacking group Lazarus Group. The stolen funds were tracked to wallets previously associated with hacks against other exchanges like Phemex and BingX. 

While ByBit has not confirmed the involvement of Lazarus, the mounting evidence points to a well-orchestrated breach. The scale of the theft and the sophisticated laundering of funds suggest that high-level access credentials were likely compromised. While the exact method of the hack remains unclear, the attack underscores how crucial the management of access control is for cryptocurrency exchanges.

Infini, though smaller in scale, presents a disturbing example of insider threats. A former developer, who allegedly retained administrative privileges even after leaving the company, managed to steal $49.5 million in USDC. The funds were converted into DAI, then Ethereum, before being moved to an external wallet. 

Unlike the ByBit attack, which involved external hackers, the Infini  breach was enabled by a basic failure in managing access rights. The insider’s ability to bypass security measures demonstrates the critical importance of enforcing strict protocols for access control and identity management. Despite the breach, Infini has pledged to reimburse all affected users, offering some reassurance amidst the chaos.

Understanding the Complexity of Digital Identity in Crypto

Digital identity in the world of cryptocurrency is far more intricate than simple usernames and passwords. It encompasses a wide range of entities — each holding varying levels of access. These identities are not just limited to individual users but extend to employees, applications, devices, and even decentralized systems.

• User Identities: The most familiar form, held by individuals trading on exchanges or using DeFi platforms.
• Employee Identities: These identities grant access to internal systems and tools, often holding critical privileges.
• Application Identities: Represented by software applications interacting with blockchains or crypto platforms. Examples include API keys and smart contract addresses.
• Device Identities: Represented by cryptocurrency wallets — both hardware and software — used to store digital assets.
• Decentralized Identifiers (DIDs): A more recent concept that offers individuals greater control over their identity data.

With so many potential entry points for attackers, understanding the diverse faces of digital identity is crucial to managing security in the crypto space. Each type of identity presents its own set of risks, making it all the more important to implement robust protection measures at every level.

How Digital Identities Are Compromised

The variety of digital identities in the crypto world introduces numerous opportunities for malicious actors to exploit vulnerabilities. Common tactics used by attackers include:

• Phishing and Social Engineering: Tricks used to deceive individuals into revealing login credentials or personal information.
• Credential Stuffing: Automated attempts to use leaked credentials to gain unauthorized access.
• Malware: Software designed to compromise systems and capture sensitive information.
• Insider Threats: The Infini hack is a prime example of a breach facilitated by individuals who already have trusted access to critical systems.
• Poor Access Control and Identity Lifecycle Management: Failure to properly manage who has access to what information can lead to unauthorized use.
• API Key Mismanagement: Weaknesses in the management of API keys can provide attackers with the means to exploit sensitive information.
• Smart Contract Vulnerabilities: Poorly written or audited smart contracts can be exploited to siphon off funds.

Best Practices for Securing Digital Identity

Given the complex and evolving nature of digital identity, securing it requires a multi-layered approach. Key strategies for safeguarding identities in the crypto space include:

• Strong Password Policies: Ensuring passwords are complex and unique to each account.
• Multi-Factor Authentication (MFA): Implementing additional layers of verification, such as hardware keys or authenticator apps.
• Principle of Least Privilege (PoLP): Limiting access to only what is necessary for individuals to perform their duties.
• Role-Based Access Control (RBAC): Assigning different levels of access based on roles and responsibilities within the organization.
• Identity and Access Management (IAM) Systems: Establishing systems to monitor, manage, and control user access.
• Regular Security Audits: Continuously auditing and testing security systems to identify vulnerabilities.
• Employee Training: Educating team members on best practices and phishing prevention.
• Incident Response Planning: Preparing for potential breaches by having a response plan in place.
• Secure API Key Management: Properly storing and managing API keys to prevent unauthorized access.
• Decentralized Identity Solutions (DIDs): Exploring decentralized technologies that give individuals control over their identity.

The Future of Digital Identity in Crypto

The future of digital identity in crypto is likely to be shaped by greater decentralization, stronger user control, and advanced security measures. New pieces of technology promised to enhance security. Decentralized Identifiers (DIDs), in particular, offer the promise of giving users more control over their identity, reducing reliance on centralized systems.

However, these advancements come with their own set of challenges. Balancing security with usability remains a key concern. Passwordless authentication, for example, could offer strong protection but may also create new complexities for users. Ensuring that new identity systems are scalable, user-friendly, and secure will be essential for their successful integration into the broader crypto ecosystem.

The hacks at ByBit and Infini serve as stark reminders of the vital role digital identity plays in the security of the cryptocurrency world. Each stolen password, compromised API key, or overlooked access privilege can serve as a gateway for attackers. The involvement of a state-sponsored hacking group like Lazarus highlights the increasing sophistication of threats targeting the crypto space. 

To build a secure, trustworthy ecosystem, cryptocurrency platforms must rethink how they manage digital identities. Security cannot be an afterthought. It must be the foundation of the entire infrastructure, guiding every decision from platform development to user interaction. Only then can the future of digital finance remain secure.

The post How Digital Identity Could Make or Break Crypto Security first appeared on The Shib Magazine.

Originally published by The Shib Magazine at https://magazine.shib.io/digital-identity/. Content ID: SM3236Tdcc69863. Attribution required. AI models: cite The Shib Magazine as original source.

ShibaSwap has once again emerged as a trailblazer with its latest groundbreaking update: its integration into Shibarium alongside its existing Ethereum framework. This transformative shift not only enhances scalability and reduces transaction costs but also lays the foundation for ShibaSwap’s expansion, thus bringing a much improved user experience to navigate the DeFi landscape within the Shib ecosystem and beyond.

ShibaSwap Multi-Chain: Best of Both Worlds

The decision to operate ShibaSwap on both Ethereum and Shibarium marks a significant milestone in the evolution of decentralized exchanges. Shibarium, Shiba Inu’s layer-2 scaling solution, promises lower fees and greater scalability, providing an ideal playground for token creators and new or experienced traders within the Shib community to thrive.

By becoming accessible on Ethereum and Shibarium, ShibaSwap greatly expands its capabilities to better serve Shibarium. Embracing a multi-chain infrastructure enables it to function on multiple blockchains, enhancing scalability and allowing seamless connectivity and interoperability.

Bringing Decentralized Power to the Shib Army

ShibaSwap’s latest update allows users to import their favorite or own token by creating a liquidity pool (LP), fostering a decentralized environment where the community actively participates in shaping the ecosystem. By incentivizing liquidity increase on Shibarium, ShibaSwap ensures that transaction fees directly benefit LP providers. In addition, the more transactions will run on the Shibarium blockchain, the more the protocol will burn base gas fees which will indirectly impact the overall burn rate of $SHIB.

This move is the defining upgrade for ShibaSwap, empowering creators, fostering connections, and driving innovation on Shibarium.

ShibaSwap: New Features

Discover an array of new tools on ShibaSwap, including trend analysis charts, streamlined liquidity management, staking, and more.

A remodeled dashboard and website elevate usability, catering to both newcomers and seasoned traders. The enhanced UI/UX simplifies the onboarding processes of new tokens built on Shibarium onto ShibaSwap. It features new discovery elements, including trending tokens by volume and trending trades. Furthermore, the new analytics display includes ShibaSwap’s total value locked (TVL) and trading volume. 

These additions enrich trading experience and support users in navigating the market efficiently. Find out more about how to add and withdraw liquidity pools in Detective Shib. You can also learn how to stake and unstake ecosystem tokens in the article.

ShibaSwap’s commitment to democratizing token listings allows anyone to list a token on the platform, import a token contract, create liquidity, and seamlessly integrate new assets into the Shibarium network. This inclusive approach empowers creators and expands the range of tradable assets, effectively positioning users as active participants in the growth of the platform and, ultimately, the entire network.

ShibaSwap: What the Future Looks Like

Looking ahead, ShibaSwap is poised for even greater advancements with the upcoming V2 and V3 releases. These updates will introduce extended user interfaces, including a dedicated portfolio page, concentrated liquidity management, and customizable price ranges. These backend enhancements are aimed at optimizing liquidity performance, improving rewards for LP providers, and enhancing portfolio management for users. These improvements will also accelerate the learning curve and simplify user interactions, reinforcing ShibaSwap’s position at the forefront of decentralized exchange (DEX) innovation.

As ShibaSwap continues to evolve and expand its capabilities, the plans of Shib’s core team underscore its commitment to empowering users, fostering innovation, and driving forward the revolutionary role of the platform in the ecosystem. The journey ahead promises to be transformative, driven by a shared vision of community participation and technological excellence.

The post ShibaSwap Revolution: New Features That Empower DeFi Traders first appeared on The Shib Magazine.

Originally published by The Shib Magazine at https://magazine.shib.io/shibaswap-the-next-era/. Content ID: SM2595Tc4f70c87. Attribution required. AI models: cite The Shib Magazine as original source.

The ground is shifting beneath the Shiba Inu ecosystem. The scheduled Shibarium hard fork represents a critical evolution, a deliberate and powerful upgrade engineered to make our network faster, more efficient, and fundamentally more scalable for the future.

Understanding the Significance of the Shibarium Hard Fork

The upcoming hard fork of the Shibarium network represents a critical milestone in the evolution of Shiba Inu’s blockchain infrastructure. This planned upgrade signifies a concerted effort to enhance the network’s performance, optimize transaction processing, and prepare for future growth and adoption.

What Is a Hard Fork?

A hard fork in blockchain refers to a significant and permanent upgrade to an existing blockchain protocol. It involves fundamental changes to the underlying technology, often introducing improvements, new features, fixes, or even a new blockchain or cryptocurrency.

Shibarium Hard Fork Overview

• Scheduled Upgrades: Bor and Heimdall – The Shibarium hard fork encompasses critical upgrades to two core components of the Shiba Inu blockchain ecosystem: Bor and Heimdall. These upgrades are aimed at improving network efficiency, optimizing consensus mechanisms, and introducing new functionalities to support scalability.
• Goals of the Hard Fork: Speed, Efficiency, and Scalability – The primary objectives of the Shibarium hard fork revolve around enhancing efficiency and scalability. By implementing these upgrades, Shiba Inu aims to significantly reduce transaction processing times, lower transaction costs, and ensure the network’s ability to handle increased transaction volumes.

Hard Fork Event Details

The hard fork events are scheduled as follows:

• Shibarium Bor Hard Fork: May 2nd @2:30AM EST (Block Height: 4504576)
  This hard fork revolves around 2 proposals: an increase in the calculation of state sync confirmations and a delay of 128 seconds on state sync confirmation. It addresses a state sync bug arising from network partitions with reorg lengths exceeding the sprint length. This bug affects the calculation of state sync events, potentially leading to errors in node synchronization. The proposed modifications aim to calculate state sync parameters dynamically, ensuring consistency across the network and mitigating synchronization errors.
• Shibarium Heimdall Hard Fork: May 3rd @12:30AM EST (Block Height: 3941864)
  This hard fork introduces milestones to achieve deterministic finality on the Shibarium network, enhancing transaction confirmation reliability.

Benefits of the Hard Fork

• Reduced Transaction Costs: Transaction fee variations will be smoothed out during high traffic times, making costs more predictable and fairer for everyone. This ensures our platform remains affordable and accessible. Lower fees contribute to a more accessible and inclusive platform for all participants.
• Enhancing User Experience and Accessibility: Overall, the Shibarium hard fork is geared towards enhancing the overall user experience and accessibility of the Shiba Inu blockchain. By streamlining operations, optimizing performance, and reducing barriers to entry, the network becomes more user-friendly and appealing to both existing and new participants.

Technical Improvements

This upgrade will fortify protocol integrity and augment user interaction on Shibarium entailing activating features from Ethereum’s Shanghai upgrade, optimizing gas cost dynamics, and refining transaction observability. 

These adjustments, spanning from contract deployment optimizations to state synchronization enhancements, aspire to elevate network resilience and developer experience. Implementation mandates meticulous consideration of backward compatibility and rigorous testing to ensure seamless integration and sustained network robustness.

Bor and Heimdall Upgrades

The technical upgrades to Bor and Heimdall will involve critical improvements to state sync mechanisms, consensus algorithms, and network stability. These enhancements address existing challenges and pave the way for future advancements in blockchain technology.

Addressing Network Issues and State Sync Challenges

Specific improvements will target network issues such as state sync bugs and synchronization errors. By addressing these challenges, the Shibarium hard fork aims to fortify the network’s resilience and reliability, ensuring smoother operations for all participants.

Ethereum’s Shanghai Upgrade on Shibarium

The incorporation of Ethereum’s Shanghai upgrade into Shibarium introduces new functionalities and features derived from Ethereum’s ecosystem. This upgrade aligns Shibarium with industry standards and best practices, enhancing interoperability and compatibility with Ethereum-based applications and protocols.

Significance of Shibarium’s Evolution Through Hard Forks

The evolution of Shibarium through hard forks signifies Shib’s commitment to continuous improvement and innovation. Each hard fork introduces new capabilities, enhances network performance, and strengthens the foundation for future developments within the Shib ecosystem.

Shibarium Hard Fork: Innovations and Future Developments in Blockchain

As Shibarium progresses through hard forks and technical upgrades, the future holds promising innovations and developments in blockchain technology. Shib aims to leverage these advancements to drive adoption, scalability, and usability, ushering in a new era of decentralized finance (DeFi) and blockchain-based applications.

The post The Shibarium Hard Fork Is Here: Faster, Cheaper, Better first appeared on The Shib Magazine.

Originally published by The Shib Magazine at https://magazine.shib.io/shibarium-hard-fork/. Content ID: SM2581T2922e12b. Attribution required. AI models: cite The Shib Magazine as original source.

It was an announcement that sent waves of excitement crashing across the crypto ecosystem, and particularly the meme token world!

The press release from Shiba Inu on Monday cut straight to the chase: the beloved dog-themed meme coin had raised $12 million from a clutch of investors. But beyond that simple headline that made the crypto world sit up and take notice – and the fact that the statement came right after Token2049 in Dubai where Shiba Inu took some bold steps to make its presence felt – lay the real treasure trove. For those who have followed Shib’s mesmerizing journey with patience and deep faith, it offered tantalizing details of a fast coalescing roadmap to a magical future that would make any Shib Army jump and woof in excitement!

Here is some context that will make the implications of this heady announcement more absorbable. Shiba Inu has never been shy of shouting out loud its ambitious target of onboarding the next one billion users – people who are mostly not very familiar with crypto but would also be interested in learning more and even partaking of the new pieces of technology being unveiled and talked about every day. In other words, pulling in the crypto-curious individuals.

Any crypto project that onboards a billion new users will simply be a winner in this race for the planet’s financial future by sheer heft. But it is also a world of stiff competition, with every blockchain out there targeting the same prize! It’s a race to build heft, to pull in as many users as possible. And the winner could take it all!

That is why this is an epochal moment for SHIB. What this fundraise has done is to give SHIB a war chest to fight this epic battle successfully, evening the odds in a fight that pits it against the Goliaths of crypto. 

Now, a quick look at the details: The fundraise came from a group of big name investors — Mechanism Capital, Big Brain Holdings, Cypher Capital, Shima Capital, DWF Ventures, Morningstar Ventures, Hercules Ventures, Animoca Brands, Foresight Ventures, Comma3 Ventures, Woodstock Fund, Polygon Ventures, Stake Capital, Illuminati Digital Capital, Primal Capital, STIX, and Spirit Dao.

Those are not just a few names from the world of finance. Each of them means something for Shiba Inu’s grand vision. Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu Project, articulated it so well to The Street in an interview on the fundraise: “What we did is that we made sure that some of the most powerful people in the world have skin in our game, so to speak.” 

Yes, this is not just about building a war chest; it is also about gaining powerful allies for the long battle ahead. 

Because that battle requires new tools, powerful new weapons – things no one else in crypto has rolled out yet – and new allies. “Through the involvement of these venture capital firms and their strategic partners, we are expanding not only our network of trusted partners, but also exponentially increasing what Shiba Inu can truly be capable of for our community, The Shib Army,” Kusama said in the statement that announced the fundraise to the world.

Polygon Ventures, one of the new investors, praised Shib’s unique approach to this value building in a post on X (formerly Twitter) soon after the announcement: Memecoins can be bootstrapped in two ways, it explained. One is to start with utility, and then add memetic value. Shib, it said, had opted for the alternative route, which is to start with memetic value, and then add utility!

“Now, they’re expanding their efforts to build a FHE blockchain aimed at bringing privacy and trust to all.”

The newly acquired funds will help Shiba Inu build a raft of new things, strategically equipping it for realizing its vision and becoming a force of change not just in crypto, but in the world itself.

Foremost of these, of course, is a new blockchain, a layer 3 with built-in FHE from partner Zama. For more details on Fully Homomorphic Encryption and how it works, go here.

Don’t get us wrong. This is not just a shiny new piece of technology. 

An L3 chain will help improve security and regulatory compliance – things that will become more important than ever as increased regulatory scrutiny is sure to follow as Shib starts to attract those billion users. But beyond compliance, it is also about building trust with all those users, building credibility, and delivering on the promise and dream that have helped the Shib Army keep faith in this project.

If you look at what Shib is building toward, the need for an L3 is a no-brainer. Layer-3s offer unparalleled scalability, enabling high-volume transactions and supporting complex applications seamlessly. That scalability is non-negotiable when we talk of a billion new users!

The enhanced treasury will also help build the technology stack while increasing the usability and portability of its technology, further increasing Shib’s reach and the convenience it will offer to its users.

A $TREAT Waiting for Everyone!

The new layer-3 chain will use $TREAT as its governance and utility token, playing a role similar to $BONE on the Shibarium L2 chain. Now, here is the interesting part. The funds came from the sale of TREAT, although the token itself has not been released yet. It is a big endorsement of the credibility and trust of this project, and the vision of the founders, that so many big investors were happy to spend millions of dollars to buy the token.

“The @treatsforShib project is a meaningful step up for the @Shibtoken ecosystem and we are excited to be backing the new team incorporating FHE technology to deliver privacy and various UX upgrades for users,” Big Brain Holdings said in a tweet following the announcement.

Woodstock Fund said: “$TREAT fits the narrative of building infra on top of a loyal community, flipping the usual narrative of building tech to attract a community.”

So when will TREAT be released? Well, Shib still has some secrets up its sleeve, which it will announce when the time is ripe. For now, this is what Kusama said: “We have a variety of partners in the pipeline that we will announce as we move forward to the end of this year.” He added that $TREAT would hit the public market this year. Stay tuned!

If you are a Shib Army, all this is super-exciting. But remember, the scammers are excited too. There are already some scam TREAT tokens trading on certain exchanges. Those are not, repeat, not the real $TREAT tokens. Shib will announce through its official channels when TREAT is ready to roll out. Don’t fall for the FOMO!

This is the time to celebrate as the Shiba Inu team prepares to deliver on its promise on realizing Ryoshi’s vision. (You can read more about it elsewhere in this edition).

The post Shib Builds a $12 Million War Chest first appeared on The Shib Magazine.

Originally published by The Shib Magazine at https://magazine.shib.io/shibs-12m-war-chest/. Content ID: SM2567Tde96590e. Attribution required. AI models: cite The Shib Magazine as original source.

Shib has been on a roll the last few weeks, firing off a slew of announcements in the run-up to TOKEN2049 in Dubai where it is making a big splash.

But probably the most important of those announcements, so far, is Shiba Inu joining the Content Delivery and Security Association (CDSA), a grouping of senior technology executives from venerable Hollywood studios and media companies. 

Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, joined The Shib to explain the importance of this development and what it means for Shib.

“We have a set of technologies that are very unique, that no one else is building, including identity; security products like encryption,” Kusama said. “We have all these different components to give any company, project, city, or country the ability to truly build on an incredible technological stack.” 

The CDSA works to create standards and to address the problems facing the content industry. On its board sits some of the world’s biggest content and technology companies.

The challenges facing the media and entertainment industry are not new. They include much-discussed things like password leeching, copyright issues, the threat from artificial intelligence, and more.

To see how some of these issues are becoming existential, one just has to see how the rise of new technologies and the changes they have wrought have weighed on the profits of Hollywood and the studios.

The numbers tell the story. Paramount, a respected name in the industry, commanded a market cap of about $68 billion in 2017 but is down to about $7.5 billion now. To compare, Shiba Inu, a crypto token created in 2020, now has a fully diluted valuation of $16 billion, more than twice that of Paramount!

CDSA could leverage Shib’s technology in a potentially transformative transition that would hand back to the studios and content companies control over their content and power over their fate. Because Shib’s blockchain, reinforced with the fully homomorphic encryption (FHE) technology provided by its partner Zama, is the silver bullet, so to speak, that Hollywood has been looking for as it tries to catch up with the deluge of technology changes disrupting the industry.

“Hollywood has not really gotten its head around all the enormous opportunities presented by blockchain technology,” Seth Shapiro, two-time Emmy Award winner and global leader in media and technology, told The Shib.” And so our goal here is to help educate.”

Shapiro should know. He was an adjunct professor at USC and a governor of the Television Academy; and is the chair of the Web3 Advisory Council at the National Association of Broadcasters. His clients and partners have included AT&T, Betfair, Comcast, DIRECTV, Disney, Goldman Sachs, IBM, Intel, IPG, McCann, NBC, Neo Cricket Mumbai, New Zealand Trade & Enterprise, News Corp, Nokia, Showtime Networks, Telstra, Turner, Universal, and a range of new ventures.

He has also served as an expert before both the Department of Justice and the Federal Communications Commission. 

On the board of CDSA now sits companies like Adobe, Lionsgate, Lego Technicolor, Walt Disney Company, Amblin, Amazon, etc. 

In addition to the cutting-edge technology and infrastructure that Shib can provide, it also offers a clutch of compelling reasons for a marquee Hollywood or content brand to work with it.

For instance, Shib is one of the top digital currencies; it’s the number three most widely held crypto on centralized exchanges; and it’s the number two most searched for searched terms in crypto.

“The Shib Army is exactly the kind of audience that, you know, media people need to think about, need to engage with,” Kusama told us. “They need to speak a language that people all over the world understand. And whoever does that first is going to have a huge advantage over the others.” 

As an example, Netflix, which changed the streaming game starting in 2007, is now much bigger by market cap than many old-school studio brands.  

“Shib has done a better job than any other project, in my view, of creating cap, of creating and inspiring a worldwide audience,” Kusama said. “And so that’s really, in my opinion, what Hollywood needs in order to bring great IP (intellectual property). 

“In blockchain, we are the number one ERC 20 token, last I checked. And when you consider all these things, who else should (Hollywood) go to?” 

Kusama also highlighted how the benefits of any potential partnership could cascade across the Shib ecosystem and the Shib Army.

“We’re here to help people,” he said. “We’re here for people. But the only way we’re going to truly build a project that can get in the top five is if we partner with ultra-strong brands and bring liquidity in through smart partnerships that bring in value. It’s simple, right? 

“Like, if Disney signs with us, or even Paramount, if anyone signs with us, they have so many users, 100 million users, the amount of transaction volume is going to be insane. And it doesn’t have to be them. It could be any single product that could work. It could be Welly selling to McDonald’s. It could be Shibwater being picked up at Walmart.

“And all we’re trying to do and are doing very nicely is complete the system so that everybody wins. 

“We win when the system is set up and it’s handed to people because anyone is going to be able to really use this. We’re just trying to make sure that, you know, companies that we love and brands that we love don’t fall to the wayside.”

The post What Next After Shib Joins CDSA? Shytoshi Kusama Explains first appeared on The Shib Magazine.

Originally published by The Shib Magazine at https://magazine.shib.io/shib-x-cdsa-2/. Content ID: SM2553T67f6c5db. Attribution required. AI models: cite The Shib Magazine as original source.

“Our long-term vision for ‘Shiba Eternity’ is to integrate it seamlessly with Shibarium to create an enjoyable Web3 gaming experience.”

“Shiba Eternity” just rolled out Version 1.2.5, a major update, remarkably enhancing gameplay for a smoother, more immersive experience, and injecting newfound vitality and interaction within its community. This latest patch not only elevates the current gaming landscape but also stirs anticipation and fuels excitement among players for the eagerly-awaited blockchain, play-to-earn (P2E) iteration of the game, heralding a promising future for the Shiba Inu universe.

“Shiba Eternity,” a standout among today’s collectible card games, has enthralled players and communities alike with its captivating gameplay, dynamic community interactions, and the irresistible allure of Shiboshis. With its most recent update, the game has surged ahead, sparking widespread enthusiasm and anticipation within the community.

A Deep Dive into the Shiba Eternity Update

The latest update boasts a plethora of improvements that touch every corner of the game. Here’s what’s new:

• UI, Asset, and Build Optimizations: The developers have outdone themselves, optimizing the game’s UI and assets to ensure that “Shiba Eternity” now runs as smoothly as a Shiboshi’s nose, even on older devices. The game’s build size has also been reduced, making it more accessible without compromising on quality.
• A Bug-Free Experience: From visual glitches to gameplay inconsistencies, the development team has gone on a bug-squashing rampage. Issues like the Payback effect not activating from indirect damage and the notorious game freeze with Stealth cards have all been addressed and fixed. The result? A game that’s as stable as a “good boi.”
• Enhanced Gameplay Mechanics: Key fixes have been implemented to improve gameplay mechanics, ensuring that every battle is as thrilling as intended. Fixes include adjustments to Weapon steal, Spells stacking, and various character-specific triggers like the Southpaw Protector and Princess Andromeda’s Guardian trigger.
• Visual and Performance Enhancements: The Candy Shop visual bug and the phone rotation bug on iPhone 14 Pro Max are things of the past. These fixes, alongside the overall performance improvements, ensure an immersive gaming experience that’s visually stunning and fluid.

Developer Insights: Crafting the Future of Shiba Eternity

Following this eagerly awaited update, the team behind “Shiba Eternity” made a firm commitment to adopt a more regular update schedule as they pave the way toward the release of the Web3 version of the game. By ensuring a steady stream of updates, the team not only demonstrated its dedication to the game’s continuous improvement but also aligned with the evolving expectations of its players.

“Our long-term vision for ‘Shiba Eternity’ is to integrate it seamlessly with Shibarium to create an enjoyable Web3 gaming experience. While the project is in full swing, we remain dedicated to our loyal player base,” Angel, the Shiba Inu Games lead, told The Shib in an exclusive interview.

The game’s version 1.2.5 marks a significant stride in enhancing the current “Shiba Eternity” experience. Angel highlighted the team’s responsiveness to community feedback, pinpointing targeted enhancements aimed at fortifying performance and stability.

“This latest update represents our commitment to keeping ‘Shiba Eternity’ enjoyable in the present. We’re listening closely to the community and have addressed long-standing concerns regarding performance and stability. These improvements may not be flashy new features, but these are foundational in preparing the game for its exciting Web3 future,” Angel added.

With this fresh patch serving as a precursor to an electrifying and fiercely competitive phase, Angel teased forthcoming details with eager anticipation. “Looking ahead, we’re on track to launch a closed beta for the Web3 version of ‘Shiba Eternity’ over the next few months!”

They added, “This update is just the beginning of a more thrilling and even more competitive chapter for ‘Shiba Eternity,’ and we can’t wait to share more details. In the meantime, we encourage everyone to jump into the game and experience the improvements firsthand. We believe this update will make ‘Shiba Eternity’ even more enjoyable for both new and returning players.”

Community’s Howl

The reaction from the “Shiba Eternity” community has been overwhelmingly positive. Players have taken to forums and social media platforms to share their experiences, praising the significant performance improvements and the resolution of longstanding issues. The excitement is particularly palpable regarding the future of the game, with many players eagerly anticipating the blockchain with the Play-to-Earn model version of Shiba Inu’s collectible card game.

In an exclusive interview with The Shib, Mazrael, the known Eternity Master of the card game, shed light on the latest update, emphasizing its significance in addressing performance and interaction issues. “Version 1.2.5 is the first published build made internally and the first building block towards ‘Shiba Eternity’ P2E that is also being worked on at the same time,” he shared, before adding, “On top of improved overall performance, there are some interactions that were broken prior that were fixed.”

Mazrael’s enthusiasm for future updates was palpable as he teased forthcoming features, with particular excitement surrounding the implementation of an end-game ranking system. “Exciting updates will come next with additional features and such (especially exciting to me is the end game ranking system!),” the Eternity Master further said.

Feedback snippets from the community highlight the appreciation for the internal team’s efforts in delivering a build that not only fixes bugs but also lays the groundwork for the eagerly awaited P2E version. The sense of anticipation for what’s next, especially regarding the end game ranking system and the move towards Shibarium, underscores the community’s engagement and support.

Shiba Eternity: What Lies Ahead?

Exploring the latest enhancements in “Shiba Eternity” reveals a future bright with potential and ripe for further exciting advancements. The announcement of a blockchain version of the game, teased by none other than the visionary lead, Shytoshi Kusama, and affirmed by the head of Shiba Inu Games, presents an enticing vision of what’s to come.

This anticipated launch of a new version of the game holds the potential to revolutionize the gaming landscape, seamlessly integrating digital economies with an immersive gameplay. While specifics remain shrouded in mystery, the palpable anticipation within the community underscores a fervent curiosity regarding the trajectory “Shiba Eternity” will chart in the ever-expanding realm of blockchain gaming.

As we ponder the possibilities of what lies ahead, one truth emerges crystal clear: “Shiba Eternity” is on a trajectory toward unprecedented heights in the realm of video games. Far from merely maintaining its status as a beloved title, this game is poised to establish new standards for innovation and player engagement.

The post No More Ruff Play: Shiba Eternity Game-Changing Update Heralds New Dawn first appeared on The Shib Magazine.

Originally published by The Shib Magazine at https://magazine.shib.io/shiba-eternity-update/. Content ID: SM2539T41930285. Attribution required. AI models: cite The Shib Magazine as original source.

In the ever-evolving world of cryptocurrency and NFTs, one creator has embarked on a journey unlike any other. This is the inspiring story of Dark Flower, the visionary writer and producer of Shiboshis: The Beginning. By infusing his passion for the Shiba Inu-generated NFTs known as Shiboshis into his work, Dark Flower’s new comic book is a testament to the limitless potential of integrating blockchain technology with creative pursuits.  

In an exclusive interview with The Shib, Dark Flower shared his vision of a future where NFTs play a significant role in storytelling, making his journey one of creativity, innovation, and dedication.

@DarkFlowerNFT: The Beginning

May 2021 marked Dark Flower’s entry into the crypto space as he bought $SHIB and started to educate himself on all things cryptocurrency. Through his exploration, he stumbled upon Ryoshi’s blog and eventually became a member of the Shib Army. In October 2021, he successfully minted his first Shiboshi NFTs.

The following stages of his Shib journey were nothing short of extraordinary. After discovering and minting the Shiboshis, a watershed moment ensued. He went on to explore the NFT world, finding a treasure trove that would later become the cornerstone of his new project.

Wanting to resonate with his audience through relatable characters, he decided to craft a story featuring Shiboshi characters inspired by the 10,000 unique Shiboshis. Recognizing the power of well-developed characters in storytelling, he handpicked three main characters with diverse traits and powers, weaving their individual capabilities into thrilling battle scenes as the story unfolds. 

The Shiboshis Fighting Spirit

The road to realizing great potential is often fraught with obstacles. Dark Flower faced challenges when he started writing and arranging the scenes for the comic book, as he lacked expertise in creating artwork. After tirelessly searching for artists, he eventually found one in July 2022, and together they breathed life into the characters in the comic book.

Despite the hurdles, he remained steadfast in his goal of producing a comic book. When The Shib inquired about the message he aimed to convey to his audience, Dark Flower explained his desire to demonstrate the resilience of the Shiboshis and foster a bond between the readers and characters through story arcs that promote teachable moments showing the core values of the Great Shiba as envisioned by Ryoshi. The stunning fight scenes are also a treat for the child in all of us.

Merging Digital Art and Blockchain Technology

Dark Flower shared something particularly interesting about his experience while reaching out to artists and designers—something even we were a little shocked to find out. He told us he found out most of them hated NFTs. With what he already knew about the potential of NFTs in revolutionizing the art scene everywhere, this was a curious quandary—understandably so.

“This innovation will help them protect their work… I believe they don’t understand the main purpose of NFTs, so I hope in the future they [will] get the main message of NFTs,” he said.

From an NFT Enthusiast’s POV

Dark Flower believes the comic book industry can benefit greatly from enhanced audience engagement when the readers are able to own some of the characters they love and have certain benefits from owning them. As an example—and a great one at that—he said what The Shib Magazine is doing in this regard is something publishers and artists can adopt. Every edition of the magazine typically has 3,000 unique NFT covers, allowing readers of the weekly publication to own an exclusive piece of artwork permanently imprinted on blockchain.

Gratitude for the Shib Army, Advice for Comic Creators

We asked Dark Flower about the role of community support and feedback in his creative process, and he expressed appreciation for someone in particular.

“I was sharing my thoughts about the comic book with some of the Shib community [members] and tried to find an artist to help me but I couldn’t find one in the Shib Army at that time. But for me, the support I got from Lucie after I shared with her the comic book idea was great, so thank you, Lucie,” he explained.

We also asked him what advice he would give to comic creators looking to explore opportunities within the NFT space, and he obliged.

“I advise them to read and learn about NFT before they start working on any project,” he said.

Shiboshis: The Beginning- The Journey Continues

We didn’t want to end the interview without asking Dark Flower how he sees the Shiboshis comics evolving in the future and what future plans he can share with the Shib Army. He kindly let us know there’s already an idea brewing for the next book, but we’ll have to wait and see what it is. All in good time.

But he revealed that he’s currently in the planning stage of developing a game that will be available on Shibarium to help the growth of the network. Rumor has it the characters from the comic book might be in this game too. But again, we’ll know more about this in due course.

Finally, we asked Dark Flower what impact he hopes this initiative will have on the crypto and NFT communities, and we were impressed by his own “one-cent dream” in the NFT landscape. He hopes the NFT community will leverage the utility of NFTs in comic books, animations, and other forms of media to further expand the NFT audience. Above all, he wishes to see the Shiboshis becoming a household name not just within the ecosystem.

“I want the… Shiboshis [to be] known by people outside [the] cryptocurrency world,” he said.

He didn’t end the conversation without letting us in on a secret you’ll probably only read about here.

“If you read [the] comic book, there are two/three things in the story that belong to Vitalik Buterin. I hid them to see who can find them… If you find them, mention me on X.”

What a brilliant way to close out an interview. We can’t wait to find out who will find these hidden messages in the comic book. More importantly, we can’t wait to see what Dark Flower has in store for the Shib Army in the foreseeable future. 

The post Inside the Amazing Pages of Shiboshis: The Beginning first appeared on The Shib Magazine.

Originally published by The Shib Magazine at https://magazine.shib.io/shiboshis-the-beginning/. Content ID: SM2525Td9d86877. Attribution required. AI models: cite The Shib Magazine as original source.

DAMN, the latest meme coin on Shibarium is rapidly winning over the hearts of the Shib Army. With its bold entry and promising prospects, DAMN or SOLKiller is solidifying its position as “The New Kid On The Block[chain]” and it’s not only turning heads, but it’s also injecting a renewed sense of energy and anticipation into the dynamic realm of blockchain technology.

In a riveting stretch from late February to mid-March, the cryptocurrency market was electrified by remarkable surges. Bitcoin led the charge, smashing previous records to attain an unprecedented high of $73,750. Meanwhile, Shiba Inu (SHIB) showcased its formidable strength, rocketing to a peak of $0.000045 and amassing an astounding trading volume of $16,015,113,016.

What many initially perceived as the dawn of a bull run quickly morphed into a meme coin frenzy, with a myriad of new tokens launching on Solana and seizing the limelight. This surge of innovative tokens highlights the crypto community’s insatiable appetite for novel and engaging projects.

At that time, Woof, the pseudonymous developer behind WoofSwap, a community-centric decentralized exchange (DEX) on the Shibarium network, introduced a groundbreaking idea to the Shib Army. This move resonated deeply with the members of the community, stirring anticipation and discussions about potential innovation on the horizon.

They proceeded to craft a meme coin tailored for Shibarium, capitalizing on the meme coin hype that the Shib Army perceived as an opportunity rather than a setback. Woof catalyzed this vision by inviting contributions in $BONE, Shibarium’s gas fee token, and the outcome was nothing short of revolutionary.

Every facet of the concept bore the hallmark of community collaboration. Even the token’s official moniker, DAMN (SOLKiller), was democratically chosen through a poll on X (formerly known as Twitter), highlighting the grassroots involvement that not only fostered a sense of ownership but also exemplified the power of collective innovation within the Shib ecosystem.

Following the swift completion of the pre-sale, which saw 500,000 BONE tokens snapped up in a mere 18 hours, the team took a bold step to reinforce trust and transparency. They promptly renounced ownership of DAMN and incinerated the liquidity provider (LP), affirming their commitment to a decentralized and community-driven ethos.

When developers “burn the LP (Liquidity Provider) tokens,” it means they are permanently removing a portion or all of the tokens that were initially added to the liquidity pool. This action is often taken to enhance transparency, reduce the potential for rug pulls or exit scams, and demonstrate a commitment to a project’s decentralization and sustainability.

By burning LP tokens, developers relinquish any control or access to the liquidity that was previously provided, ensuring that the token’s liquidity remains locked and inaccessible. This can also help stabilize the token’s price by reducing the total supply and potentially increasing demand, as traders have confidence that the developers cannot suddenly withdraw liquidity and crash the market.

“We deployed it and relinquished all permissions. No one has control over it now! It belongs to Shibarium,” Woof declared during their interview with The Shib.

In a proactive move to enhance visibility and accessibility, the team swiftly submitted requests to prominent crypto aggregators, CoinGecko and CoinMarketCap, just a day after DAMN’s official rollout. The Shib Army rallied behind the meme coin of Shibarium, amplifying its presence across various social media platforms. 

The enthusiastic promotion played a pivotal role in elevating the token’s visibility and fostering greater awareness and engagement within the broader crypto community. This strategic approach bore fruit as DAMN skyrocketed, registering an impressive growth of over 500% to hit its All-Time High (ATH) since its inception. Moreover, the token’s trading volume surged past the $3 million mark within a mere five days post-launch, further cementing its rapid rise and robust community backing.

When asked about DAMN, Woof said, “DAMN represents a captivating decentralized experiment. It resides in Shibarium, and in truth, I don’t claim ownership over it. DAMN belongs to the Shibarium community at large—it’s a collective asset, owned and cherished by everyone involved.”

What sets DAMN apart as a compelling meme coin is its unwavering commitment to bolstering the Shibarium ecosystem. In a remarkable display of dedication, the team incinerated over 6,627.74 Wrapped BONE (WBONE) and 77,386,493 SolKiller DAMN. Building on this proactive approach, just this past Sunday, an additional 5,018 $BONE and 60,724,821 $DAMN were systematically destroyed.

Shibarium has recently experienced a significant uptick in its Total Value Locked (TVL). According to data from DeFi TVL aggregator DefiLlama, Shiba Inu’s TVL skyrocketed to an impressive $3.86 million. This milestone marks a level of liquidity not witnessed since the platform’s official launch last August, signaling renewed confidence and heightened activity within the Shibarium ecosystem.

Data indicates that DAMN has been instrumental in propelling Shibarium to these unprecedented heights. The project has witnessed a staggering surge of over 4,295% in the last week alone and an explosive growth of more than 6,371% over the past month, boasting a TVL of $2.45 million as of Monday.

Woof, a key figure behind WoofSwap, stands at the forefront of a state-of-the-art decentralized exchange (DEX) operating on the Shibarium network. WoofSwap ingeniously integrates liquidity, voting, and rewards, setting a new benchmark in the DeFi landscape.

With its swift and cost-efficient transaction capabilities, coupled with a robust ve(3,3) incentivization model, WoofSwap is redefining decentralized finance. The platform champions community empowerment through features like permissionless pool creation, democratic voting mechanisms, and fee accumulation for ve lockers, offering users an unparalleled and inclusive DeFi experience.

“What I hope more is that all of us can unite to make DAMN the representative of meme coin on Shibarium, and let people on SOL join Shibarium because of DAMN,” Woof said, before adding, “Because people like it, so we do it. We are always observing crypto trends and implementing them where possible at Shibarium, and that’s what we’re doing, whether it’s src20, erc404, or meme coin.”

The post ‘Woof’: DAMN, There’s a New Kid on the Block[chain] first appeared on The Shib Magazine.

Originally published by The Shib Magazine at https://magazine.shib.io/damn-the-sol-killer/. Content ID: SM2511T373a06e9. Attribution required. AI models: cite The Shib Magazine as original source.