{"id":81419,"date":"2023-07-07T14:46:54","date_gmt":"2023-07-07T11:46:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81419"},"modified":"2025-09-11T22:43:50","modified_gmt":"2025-09-11T19:43:50","slug":"developers-outline-shibarium-l2-launch-timeline","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/developers-outline-shibarium-l2-launch-timeline\/","title":{"rendered":"Developers outline Shibarium L2 launch timeline"},"content":{"rendered":"<p><a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">Layer-2 network<\/a> from the creators of the Shiba Inu meme token \u2014 Shibarium \u2014 will launch in August after a blockchain conference in Toronto. This information <a href=\"https:\/\/blog.shibaswap.com\/mo-sui-sibainu\/\">reported<\/a> by the developer using the pseudonym Shitoshi Kusama.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe will publish the completed Worldpaper, present new projects under the Shib brand and tell more about the Treat project,\u201d added a project representative.<\/p>\n<\/blockquote>\n<p>Also, a <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-dao-decentralised-autonomous-organisation\">decentralized autonomous organization<\/a> Doggy will be introduced to fund projects on Shibarium.<\/p>\n<p>As of June, on the <a href=\"https:\/\/forklog.com\/en\/news\/shiba-inu-team-announces-beta-launch-of-ethereum-based-l2-network\">Puppynet testnet<\/a>, more than 20 million transactions have been executed and about 16 million wallets have been registered.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-07-07-v-14.25.51.webp\" alt=\"Snimok-ekrana-2023-07-07-v-14.25.51\" class=\"wp-image-211057\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/twitter.com\/LucieSHIB\/status\/1667844892616273924?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1667844892616273924%7Ctwgr%5Eebd7d4a5819dc139972c21371c79cdb3780f1db6%7Ctwcon%5Es1_&#038;ref_url=https%3A%2F%2Fwww.coindesk.com%2Ftech%2F2023%2F06%2F13%2Fshiba-inu-testnet-blockchain-puppynet-crosses-20m-transactions%2F\">Twitter<\/a>.<\/figcaption><\/figure>\n<p>The L2 solution uses the ecosystem tokens SHIB, LEASH and BONE. The latter was chosen as the native asset of Shibarium for paying rewards to validators and delegates. For these purposes, 20 million BONE have been reserved from the total issuance of 250 million coins.<\/p>\n<p>In the last 24 hours BONE rose 8.1% to $1.14, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bone-shibaswap\">CoinGecko<\/a>. Other project coins hardly changed in price over the past 24 hours.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Shibaswap-_GeckoTerminal.com_BONE_2023-07-07_14-32-53.webp\" alt=\"Shibaswap-_GeckoTerminal.com_BONE_2023-07-07_14-32-53\" class=\"wp-image-211058\"\/><figcaption class=\"wp-element-caption\">15-minute BONE\/USD chart on the Shibaswap platform. Data: <a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xefb47fcfcad4f96c83d4ca676842fb03ef20a477?utm_medium=referral&#038;utm_source=coingecko&#038;utm_campaign=livechart-btn\">GeckoTerminal<\/a>.<\/figcaption><\/figure>\n<p>The protocol also employs a <a href=\"https:\/\/forklog.com\/en\/news\/shiba-inu-developers-launch-token-burn-mechanism\">SHIB burning mechanism<\/a> via Burn Portal.<\/p>\n<p>In March 2022, the Shiba Inu team <a href=\"https:\/\/forklog.com\/en\/news\/shiba-inu-developers-reveal-details-of-metaverse-launch\">revealed details of the launch<\/a> of its own metaverse built on Shibarium.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Layer-2 network from the Shiba Inu meme-token creators \u2014 Shibarium \u2014 will launch in August after a blockchain conference in Toronto.<\/p>\n","protected":false},"author":1,"featured_media":81420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1179,1525],"class_list":["post-81419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-layer-2-solutions","tag-shiba-inu"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=81419"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81419\/revisions"}],"predecessor-version":[{"id":81421,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81419\/revisions\/81421"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/81420"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=81419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=81419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=81419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}