The Shib token network took to Twitter to confirm that BONE will be used as the primitive gas token on the Shibarium blockchain.
Shibarium is a blockchain/layer-2 solution that will work on the Ethereum program. Over time, it will function in a similar way to ETH and build its own network for the users to access. The SHIB creator said,
“The line between an L2 and own blockchain is thin, I mean what is the difference really between Matic L2 and BSC?”
Although SHIB token and LEASH have more benefits in ShibaSwap, they will not be used as the basic duo token for Shibarium. BONE will be used instead. Ryoshi said that BONE will have a fair and 0 start in which he will not have to be concerned about overshadowing whale sacks.
There is not a lot of information regarding Shibarium, but we do know that the main intent will be to reduce transaction fees for the users of the Shib token ecosystem. While speaking on the Shiba Discord, Shytoshi Kusama, the project lead said,
“Shibarium will offer low fees for every service, game or whatever that builds on it.”
Special speaker Queenie took on every query asked about SHIB Token
Shiba Inu’s official Twitter handle and Gokhshtein Media saw nearly 11,000 people present on the ShibAMA space. The guest speaker, Queenie not only answered every question thrown at her but also confirmed that BONE will be used as the native gas token on the upcomming Shibarium blockchain. She said,
“It’s purely just that the gas token you’ll be paying is BONE. So you’re not losing any SHIB along the way. You will still be able to use Leash and Bone and get all your liquidity sorted.”
Nonetheless, she also affirmed that, LEASH will be tied with the NFT segment.
Queenie refused to specify a timeline for the release date of Shibarium, she however said that it will be released as soon as possible. She further said that there will be a big surprise when entering 2022, for the Shib token community. Specifics of the surprise hasn’t been mention though. According to Queenie, BONE wont me minted completely the year 2024 and ShibaSwap 2.0 will keep it balanced.
As her footnote, Queenie expressed gratitutde to everyone present and endorsed in an optimistic attitude. She added,
“I appreciate everybody. All of the support from the community. I was extremely nervous as anyone who’s been speaking to me would know. But I’m I’m really honored to be representing the SHIB community and the team in this space. I’m just really excited for 2022. I can’t express how optimistic and passionate I am about this project. It’s just something else. Something to look forward to.”
At the time of writing, Shiba Inu was priced at 0.000034 and experienced a daily drop by 4.09%.