ShibArmy

Ethereum

Rewards

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<p>Shiba Inu's layer-2 platform, Shibarium, <a href="https://shibarium.shib.io/" rel="noopener noreferrer nofollow">has seen a significant uptick</a> in staking activity, with more than 26 million BONE tokens now staked on the network.&nbsp;</p> 
<p>The platform's top validators include <a href="https://u.today/shibarium-hits-new-milestone-as-builder-unification-shares-update" rel="noopener noreferrer nofollow">Unification</a>, ShibArmy Asia, and ShibArmy Africa, among others, all boasting 100% uptime.&nbsp;</p> 
<p>Staking involves delegating tokens to validator nodes, which are responsible for verifying transactions and maintaining the network's integrity.&nbsp;</p> 
<p>Validators are crucial to the stability and security of Shibarium, and their performance is closely monitored. In the early stages, becoming a validator requires a manual application and interview process to ensure the network is in secure hands.</p> 
<p>To become a validator on Shibarium, individuals need to stake <a href="https://u.today/shiba-inus-bone-gains-130-more-traders-after-shibarium-launch" rel="noopener noreferrer nofollow">BONE</a> tokens via contracts on the Ethereum mainnet. Rewards are then distributed proportionally to all stakers at every network checkpoint.</p> 
<h2 id="a-4-price-dip">A 4% price dip</h2> 
<p>However, it's worth noting that despite the surge in staking activity, the price of BONE tokens has experienced a 4% decline, according to data from <a href="https://www.coingecko.com/en/coins/bone-shibaswap" rel="noopener noreferrer nofollow">CoinGecko</a>. As of the latest update, the BONE ShibaSwap price stands at $0.925203, with a market cap of $212.7 million.&nbsp;</p> 
<h2 id="shibarium-nears-1-5-million-transactions">Shibarium nears 1.5 million transactions</h2> 
<p>Shibarium, the blockchain platform of Shiba Inu, is not just seeing a surge in staking activity but also in overall transactions.&nbsp;</p> 
<p>The network <a href="https://www.shibariumscan.io/" rel="noopener noreferrer nofollow">has recorded</a> nearly 1.5 million total transactions, with an average block time of 5.0 seconds.&nbsp;</p> 
<p>Additionally, the platform boasts over 1.1 million wallet addresses and a daily transaction rate of 88.63K. These numbers indicate a robust and active network, further solidifying Shibarium's growing influence in the crypto space.</p>

Shiba Inu's Shibarium Attracts Massive BONE Staking

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