Ever since Shiba INU, one of the most popular meme tokens, was released on Ethereum, it has faced several challenges that considerably hindered its growth. It led to the creation of Shiba Chain, a decentralized blockchain that has evolved over time and is now an extensive ecosystem encompassing every vital domain in the space. Shiba Chain intends to aid the development of projects and make the process seamless and cost-effective. And based on reports and feedback from the community, it has been successful so far.
Why choose Shiba Chain?
Shiba Chain offers not one but several benefits over the other available options in the space. It’s fast, secure, easy to use, delivers transparency, is community-driven, and charges an extremely low transaction fee. What more could you ask for?
Shiba Chain has TPS (Transactions Per Seconds) in thousands, much higher than Bitcoin and Ethereum (the current version). The ability to quickly process a large volume of transactions is a critical factor that decides the success of any project.
Shiba Chain has set up an effective and efficient system that ensures total security and is not affected by the high TPS. Another vital factor that the blockchain has aced is the ease of access and use. Besides, the transaction fee, or in crypto terms, the Gas Fee, is negligible compared to other blockchains. So, projects developed on Shiba Chain will undoubtedly witness a higher number of transactions in the absence of any deterring factor.
Shiba Chain is also offering Auto Staking, a relatively new and promising concept. With Auto Staking, token holders don’t need to deposit their holdings in the dedicated pool but can store them in the wallet and earn a stable passive income. Auto Staking will indeed become a common feature in the coming days, but with Shiba Chain, developers and investors can benefit from it today!
Various components on the Shiba Chain
Shiba Chain explores all the aspects of the blockchain industry and presents a utility to cater to every requirement. It has an NFT collection where the prices are based solely on demand and supply. The collection is unique in every sense and transferable, making it one-of-a-kind.
Also, the Shiba DEX will offer the option to seamlessly convert tokens across blockchains with low slippage, made possible through the integration of a bridge. It will offer a host of investment options and allow the community to trade derivatives.
Shiba Chain also promotes the development of DApps to deliver peer-to-peer solutions and make the experience more straightforward than ever. It will allow the creation of Play-to-Earn games, an industry still in the early phases but expected to grow exponentially in the coming years.
The chain’s native token, $SHIBA, has a total supply of 100,000,000, of which 25% would be available during the pre-sale, 20% reserved for liquidity, and 35% for the ecosystem. The tokenomics for $SHIBA has been devised after thorough market research and identifying what worked best for the successful ones.
Shiba Chain is the future of blockchains, offering anything and everything one could ask for! And it’s still in the development stage, so expect more features, protocols, and components to be introduced in the coming days.
To find out more about Shiba Chain, visit the official website: https://shiba-chain.io/
Also, follow Shiba Chain on all social and informational channels to stay updated with the latest developments.
Telegram (Channel): https://t.me/SHIBAChain_Channel
Telegram (Group): https://t.me/SHIBAChain_Group
Discord (Discord): https://discord.io/Shiba-Chain