Future

IOTA

Shimmer

Momentum

<ul>
<li style="list-style-type: none;">
<ul>
<li><strong>The Shimmer EVM Testnet has witnessed over 6 million transactions and deployed over 5,000 smart contracts.</strong></li>
<li><strong>Shimmer aims to provide staking and yield farming opportunities for $IOTA holders, contributing to the growth of $IOTA and enabling DeFi expansion on the platform.</strong></li>
</ul>
</li>
</ul>
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<h2 id="shimmer-evm-testnet-reaches-milestones">Shimmer EVM Testnet Reaches Milestones</h2>
<p>The #Shimmer EVM Testnet <a href="https://www.ethnews.com/iotas-billion-dollar-use-case-tangle-tech-to-be-used-for-fair-and-transparent-voting-for-government-elections-around-the-world/">has achieved</a> significant milestones with more than 6 million transactions and over 5,000 smart contracts deployed. These achievements highlight the active engagement and growing utilization of the testnet. Participants&#8217; efforts in hunting for the #TreasuresofShimmer have contributed to the testnet&#8217;s success. There is still time to join and conquer the high seas with Shimmer.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">6m+ transactions and over 5k smart contracts deployed so far on the <a href="https://twitter.com/hashtag/Shimmer?src=hash&amp;ref_src=twsrc%5Etfw">#Shimmer</a> EVM Testnet. 64k+ active addresses</p>
<p>This is how we like it. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f44f.png" alt="👏" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <a href="https://t.co/ldPZxCLG8o">https://t.co/ldPZxCLG8o</a></p>
<p>&mdash; Dominik Schiener (@DomSchiener) <a href="https://twitter.com/DomSchiener/status/1656638129917263873?ref_src=twsrc%5Etfw">May 11, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="shimmer-empowering-iota-holders">Shimmer: Empowering $IOTA Holders</h2>
<p>Through the Shimmer platform, $IOTA holders will have the long-awaited opportunity to stake their tokens and earn yield. Shimmer <a href="https://www.ethnews.com/iota-celebrates-shimmers-major-milestone-and-spyce5-teams-up-with-industry-giant-servrox-to-transform-iot/">is set to elevate</a> $IOTA to new levels, positioning itself as a key component for the growth of decentralized finance (DeFi) on the platform. By bridging their $IOTA tokens to the Shimmer EVM, holders can actively participate in yield farming opportunities and contribute to the expansion of the emerging DeFi ecosystem.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">With Shimmer, <a href="https://twitter.com/search?q=%24IOTA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$IOTA</a> holders will finally get the opportunity to stake their tokens and earn yield. </p>
<p>Shimmer will help to elevate <a href="https://twitter.com/search?q=%24IOTA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$IOTA</a> to new levels. It&#39;ll be a key component for the DeFi growth on Shimmer <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <a href="https://t.co/cpTPrHNcQB">https://t.co/cpTPrHNcQB</a></p>
<p>&mdash; Dominik Schiener (@DomSchiener) <a href="https://twitter.com/DomSchiener/status/1656610070208081920?ref_src=twsrc%5Etfw">May 11, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="continued-momentum-on-the-shimmer-evm-testnet">Continued Momentum on the Shimmer EVM Testnet</h2>
<p>The momentum on the Shimmer EVM Testnet remains strong, as once again, it has witnessed more than 1 million transactions. This ongoing transaction volume <a href="https://www.ethnews.com/iota-and-dell-team-up-to-revolutionize-cybersecurity-and-data-protection-with-project-alvarium/">demonstrates</a> the active involvement and enthusiasm of participants on the Shimmer platform. The testnet phase plays a vital role in identifying and resolving any potential issues or areas for improvement before the mainnet launch.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">Once again we made more than 1 million transactions on the <a href="https://twitter.com/hashtag/Shimmer?src=hash&amp;ref_src=twsrc%5Etfw">#Shimmer</a> <a href="https://twitter.com/hashtag/EVM?src=hash&amp;ref_src=twsrc%5Etfw">#EVM</a> testnet!<a href="https://t.co/FYSRnbb5Mq">https://t.co/FYSRnbb5Mq</a> <a href="https://t.co/RC5onjWx7j">pic.twitter.com/RC5onjWx7j</a></p>
<p>&mdash; IOTA Vrom <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f98b.png" alt="🦋" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2728.png" alt="✨" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4aa.png" alt="💪" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f30a.png" alt="🌊" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f419.png" alt="🐙" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2620.png" alt="☠" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f916.png" alt="🤖" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f91f.png" alt="🤟" class="wp-smiley" style="height: 1em; max-height: 1em;" /> soon (@Vrom14286662) <a href="https://twitter.com/Vrom14286662/status/1656869156149444609?ref_src=twsrc%5Etfw">May 12, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>As Shimmer <a href="https://www.ethnews.com/iotas-shimmer-network-booms-with-millions-of-transactions-development-team-puts-pedal-to-the-metal-to-expand-ecosystem/">continues</a> to progress and gain recognition in the crypto community, it lays a solid foundation for a promising future for $IOTA and the broader DeFi landscape. The milestones achieved on the Shimmer EVM Testnet reflect the increasing adoption and acknowledgment of Shimmer as a valuable platform for staking, yield farming, and the facilitation of decentralized financial applications. Participants <a href="https://www.ethnews.com/iota-reaches-massive-milestone-tangleswap-goes-live-with-defi-launch-trading-competition-and-rewards-galore/">are encouraged to explore</a> the opportunities offered by Shimmer and contribute to its growth and success.</p>
<div class="cryptoboxes" id="mcw-12336" data-realtime="on"><div class="mcw-chart mcw-chart-light" data-font = "inherit" data-chartcoin = "MIOTA" data-chartcurrency = "USD" data-chartrate = "1.000268" data-charttype = "chart" data-chartview = "day" data-charttheme = "light" data-chartsmooth = "true" data-chartareacolor = "" data-chartbgcolor = ""></div></div>
<p>The post <a rel="nofollow" href="https://www.ethnews.com/shimmer-by-iota-6m-transactions-5000-smart-contracts-64000-active-addresses-shaping-the-iot-future-with-miota-and-smr/">Shimmer by IOTA: 6M Transactions, 5,000 Smart Contracts, 64,000 Active Addresses &#8211; Shaping the IoT Future with MIOTA and SMR</a> appeared first on <a rel="nofollow" href="https://www.ethnews.com">ETHNews</a>.</p>

Shimmer by IOTA: 6M Transactions, 5,000 Smart Contracts, 64,000 Active Addresses – Shaping the IoT Future with MIOTA and SMR

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