NFT
Shibarium Celebrates First Anniversary with New Security Features
Monday. August 19 at 4:30 AM
1 min. readShiba Inu's Shibarium marks its first anniversary with the introduction of enhanced security features and reduced token supply. The platform's new 'Security Score' feature evaluates smart contracts for vulnerabilities, providing transparency and peace of mind to users. Additionally, Shibarium launches ShibTorch, an auto-burning feature inspired by Ethereum's EIP-1559 upgrade, allowing users to trigger burns and reduce the overall token supply. The platform has also secured $12 million for future growth, with plans to expand into NFTs, gaming, and the Metaverse. The upcoming ShibaCon conference in Bangkok is anticipated to further strengthen the Shiba Inu ecosystem. These developments coincide with Shibarium's successful year, boasting 418 million transactions and 1.8 million registered wallets while maintaining low gas fees. Lucie, Shiba Inu's marketing lead, emphasizes the community's role in shaping the future of SHIB through active participation in these new features and events.