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Shiba Inu's Shibarium Project Releases Beta Bridge for Public Use

Shiba Inu's layer-2 scaling solution, Shibarium, has released a beta bridge for public testing. The cross-chain bridge uses Plasma and proof-of-stake technology to allow users to transfer tokens between Shibarium and Ethereum without any third-party risks or impact on market liquidity.

However, users are warned not to use their real crypto assets for testing purposes. Shibarium's reduced gas fees can have a significant impact on the project's gas fee token Bone ShibaSwap and the SHIB token itself, introducing deflationary aspects and maintaining the supply-demand balance within the SHIB ecosystem.

Ethereum Ethereum $2,652.36
+0.82%
Shiba Inu
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