Bone

Bone ShibaSwap

Shiba Inu

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/shibarium-enhances-bone-transfer-speed/" data-wpel-link="internal">Shibarium Enhances BONE Transfer Speed</a><br></p>
<p style="text-align: justify">The volume of Bone ShibaSwap token transactions increased by 15% following recent Shibarium bridge improvements, significantly reducing BONE transfer time.</p> 
<h2 style="text-align: justify" id="bone-transfer-time-on-shibarium-bridge">BONE Transfer Time on Shibarium Bridge</h2> 
<p style="text-align: justify">It was announced that Bone ShibaSwap token <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> could transfer their BONE assets in a record time of 45 minutes. This marks a significant step reflecting Shibarium’s commitment to technological advancement. Additionally, it indicates a streamlined transaction process.</p> 
<p style="text-align: justify">According to data provided by the Shiba Inu development team at TheShibDaily, users faced a seven-day waiting period to transfer BONE tokens from Shibarium to the <a href="https://en.coin-turk.com/will-ethereum-eth-continue-to-rise-towards-2500/" data-wpel-link="internal">Ethereum</a> network. During this week-long waiting period, BONE tokens would undergo a lock-in period aimed at extending the interaction time with Shibarium’s Layer-2 (L2) solution.</p> 
<p style="text-align: justify">This intended interaction period was considered a potential supportive force for the Bone ShibaSwap price.</p> 
<p style="text-align: justify">The development could also be seen as a supportive factor for the Bone ShibaSwap price, indicating a strategic shift to benefit from the interaction period to impact the price.</p> 
<p style="text-align: justify">Instead, the network prioritizes user experience, network efficiency, and ecosystem stability as potential market value factors for BONE.</p> 
<p style="text-align: justify">Lucie Sasnikova, a renowned <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">technology</a> and marketing expert for Shibarium and the Shiba ecosystem, clarified this situation via X (formerly known as Twitter).</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-357499" src="https://coin-turk.com/wp-content/uploads/2024/05/doge-shib-coin-turk-com-1.png" alt="" width="656" height="608"></p> 
<blockquote> 
 <p>Henceforth, ecosystem participants will enjoy smoother processes for the convenience of community members and network residents.</p> 
 <p>Shibarium L2’s dominance is also set to benefit from this rise among Decentralized Finance (DeFi) protocols.</p> 
</blockquote> 
<p style="text-align: justify">According to data provided by DefiLlama, the Total Value Locked (TVL) on Shibarium increased by 17% within five days, rising from $2.11 million on May 24 to $2.47 million at the time of writing.</p> 
<h2 style="text-align: justify" id="img-loading-lazy-loading-lazy-decoding-async-class-aligncenter-size-full-wp-image-357500-src-https-coin-turk-com-wp-content-uploads-2024-05-tvl-shib-coin-turk-com-png-alt-width-868-height-372"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-357500" src="https://coin-turk.com/wp-content/uploads/2024/05/tvl-shib-coin-turk-com.png" alt="" width="868" height="372"></h2> 
<h2 style="text-align: justify" id="bone-token-transfers">BONE Token Transfers</h2> 
<p style="text-align: justify">The Shibarium development team also noted that this new system would serve as a checkpoint for all BONE token exits from the Shibarium ecosystem. Under the new system:</p> 
<blockquote> 
 <p>BONE holders will manage their assets faster.</p> 
 <p>Project creators can develop complex and urgent applications on the L2 chain.</p> 
</blockquote> 
<p style="text-align: justify">According to the information provided, this development will only apply to current transfers. In other words, tokens processed before the upgrade will still be subject to the seven-day waiting period. BONE is trading at $0.6926 after a 1.6% drop in the last 24 hours.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/shibarium-enhances-bone-transfer-speed/" data-wpel-link="internal">Shibarium Enhances BONE Transfer Speed</a></h5>

Shibarium Enhances BONE Transfer Speed

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