Shibarium is an Ethereum Layer-2 network built for the Shiba Inu ecosystem. It uses a Proof-of-Stake architecture (Heimdall + Bor) that anchors security to Ethereum while providing faster, lower-cost transactions. The network’s native staking and gas token is BONE, not SHIB.
How it relates to SHIB:
Settlement & compatibility: Shibarium is EVM-compatible, so apps that support ERC-20 tokens can integrate SHIB when bridged to L2. The official bridge supports SHIB and other standards (ERC-20, ERC-721, ERC-1155) with mapped supply across L1↔L2.
Movement between chains: Users can move SHIB between Ethereum and Shibarium via the official bridge. Withdrawals back to Ethereum offer two paths with different trade-offs: PoS (faster) or Plasma (more security checks).
Fees & explorers: Activity on Shibarium pays gas in BONE; network details and gas trackers are available on the official explorer. For a comparison of gas on Ethereum vs Shibarium, see the dedicated fees section.
Burn linkage: A portion of Shibarium base fees is periodically converted to SHIB on Ethereum and sent to a burn address via the official burn flow (“ShibTorch”). For mechanics and caveats, see the burns section above.
$ETH $SHIB #CryptoNewss #BinnanceSquare
How it relates to SHIB:
Settlement & compatibility: Shibarium is EVM-compatible, so apps that support ERC-20 tokens can integrate SHIB when bridged to L2. The official bridge supports SHIB and other standards (ERC-20, ERC-721, ERC-1155) with mapped supply across L1↔L2.
Movement between chains: Users can move SHIB between Ethereum and Shibarium via the official bridge. Withdrawals back to Ethereum offer two paths with different trade-offs: PoS (faster) or Plasma (more security checks).
Fees & explorers: Activity on Shibarium pays gas in BONE; network details and gas trackers are available on the official explorer. For a comparison of gas on Ethereum vs Shibarium, see the dedicated fees section.
Burn linkage: A portion of Shibarium base fees is periodically converted to SHIB on Ethereum and sent to a burn address via the official burn flow (“ShibTorch”). For mechanics and caveats, see the burns section above.
$ETH $SHIB #CryptoNewss #BinnanceSquare