Future

Show

Simply

Polygon

Cosmos

<p>Shibarium, the blockchain platform spearheaded by Shiba Inu’s lead developer Shytoshi Kusama, has reached a significant milestone. With over 65,000 wallets and 350,000 transactions, the platform has become a bustling hub for decentralized finance (DeFi). </p> 
<p>A variety of tokens have been deployed on Shibarium, ranging from fun and quirky to downright controversial. As the platform matures, it will be interesting to see which tokens rise to prominence.</p> 
<h2 class="wp-block-heading" id="all-funds-are-safu">All Funds Are Safu</h2> 
<p>After a period of rigorous testing and verification, the Shibarium team has <a href="https://blog.shib.io/shibariumupdatefinal/" target="_blank" rel="noopener noreferrer nofollow">confirmed </a>that all funds on the platform are secure. This announcement has led to the reopening of various channels, signaling that Shibarium is ready for mainstream adoption. The team believes that those who build during bear markets will reap the rewards in bull markets, a sentiment echoed by many in the crypto community.</p> 
<p>The Shibarium team extended a heartfelt thank you to the Polygon team for their invaluable support. When faced with challenges, the Polygon team was quick to provide additional resources, ensuring a smooth resolution. This collaboration has solidified the decision to fork Polygon as a strategic move for Shibarium.</p> 
<p>Users should note that the withdrawal process for various tokens like <a class="wpil_keyword_link" href="https://captainaltcoin.com/shiba-inu-price-prediction/" title="Shib" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">Shib</a>, Leash, and WEth through the bridge will take a minimum of two checkpoints, which could range from 45 minutes to 3 hours. For BONE withdrawals, the process could take up to 7 days. These measures are by design and have been confirmed to be working as intended.</p> 
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:"> 
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"> <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i> 
  <div class="rh-colortitle-inbox-label">
    Trade on US-Banned Exchanges With No KYC 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
  </div> 
 </div> 
 <div class="rh-colortitlebox-text"> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px"> 
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>Tired of missing hot new listings because your favorite exchange is banned in the US? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
    <p>With <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Rocketxchange" href="https://captainaltcoin.com/go/rocketxchange/" data-shortcode="true">RocketXchange</a> you can finally trade on Kucoin, ByBit and more without registration or KYC! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f64c.png" alt="🙌" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
    <p>Simply connect your wallet to access every coin. No VPN needed.</p> 
    <p>Seamlessly bridge between EVM, Solana, Cosmos and 100+ chains. Discover the next crypto gem with low fees.</p> 
    <p>Take your trading to the next level with:</p> 
    <ul> 
     <li>Instant access to banned CEXs <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6ab.png" alt="🚫" class="wp-smiley" style="height: 1em; max-height: 1em;"></li> 
     <li>No KYC required <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f645-200d-2642-fe0f.png" alt="🙅‍♂️" class="wp-smiley" style="height: 1em; max-height: 1em;"></li> 
     <li>Trade on your terms – no registration required</li> 
     <li>Maintain full custody – tokens stay in your wallet</li> 
     <li>Access liquidity across leading DEXs and CEXs</li> 
     <li>Bridge assets quickly between any blockchain</li> 
    </ul> 
    <p>Escape CEX limits today with <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Rocketxchange" href="https://captainaltcoin.com/go/rocketxchange/" data-shortcode="true">RocketXchange</a>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span> 
   </div> 
  </div> 
 </div> 
</div> 
<p>As Shibarium continues to grow, users are advised to exercise caution and conduct their own research (DYOR) before investing in any token on the platform. The crypto landscape is fraught with risks, and due diligence is crucial for safeguarding one’s investments.</p> 
<h2 class="wp-block-heading" id="what-s-next">What’s Next?</h2> 
<p>The Shibarium team urges the community to stay tuned to official channels for updates and further information. As the platform evolves, it aims to become a cornerstone in the DeFi space, offering a secure and versatile environment for crypto enthusiasts.</p> 
<p>In conclusion, Shibarium has shown promising growth and robust security features, making it a platform to watch in the ever-evolving world of decentralized finance. With the backing of strong teams and a growing community, the future looks bright for this innovative blockchain platform.</p> 
<p><em>Join us on <strong><a href="https://twitter.com/intent/follow?screen_name=captainaltcoin" data-type="link" data-id="https://twitter.com/intent/follow?screen_name=captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Twitter</a></strong> and <strong><a rel="noopener noreferrer nofollow" href="https://www.facebook.com/captainaltcoin" target="_blank">Facebook</a> </strong>for the latest insights and discussions in the world of crypto.</em></p> 
<p><em>Explore our <strong><a href="https://captainaltcoin.com/tag/news/" target="_blank" rel="noopener noreferrer nofollow">news section</a></strong> and stay ahead of the curve with our expert <strong><a href="https://captainaltcoin.com/predictions/" data-type="link" data-id="https://captainaltcoin.com/predictions/" target="_blank" rel="noopener noreferrer nofollow">price predictions</a>.</strong></em></p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/shibarium-soars-how-65000-wallets-and-polygons-support-are-shaping-the-future-of-defi/">Shibarium Soars: How 65,000 Wallets and Polygon’s Support Are Shaping the Future of DeFi</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Shibarium Soars: How 65,000 Wallets and Polygon’s Support Are Shaping the Future of DeFi

Table of Contents

CaptainAltcoin

Other articles published on Aug 28, 2023

Binance's Risk Management Unveiled: Navigating Low-Cap Altcoin Challenges

Supra Introduces a Cross-chain Bridgeless Technology — HyperNova — that Enables Secure Blockchain...

Indian PM Modi calls for global cryptocurrency framework at G20 Summit

Binance Resumes Services in Belgium!

XRP Now Available on New Exchange

$BLUR Price Went Up 15.51% Over the Last 24 Hours

Join our free newsletter for daily crypto updates!