Lucie, the Shiba Inu content marketing specialist, has taken to social media to highlight the importance of Shiba Inu enthusiasts shifting their assets from exchanges to Shibarium.
In her tweet, Lucie addressed a common question regarding Shibarium’s role in burning SHIB tokens. She clarified that asking when Shibarium would burn SHIB tokens is an inaccurate inquiry.
Lucie pointed out that Shibarium’s blockchain itself does not possess the capability to burn SHIB tokens. Instead, she posed a more pertinent question to the Shiba Inu community: “When will you all migrate from exchanges and start using Shibarium?”
Lucie expressed amusement at the community’s focus on token burns while many neglect to actively use Shibarium. She reminded the community that SHIB tokens burn through transactions on the Shibarium blockchain, not through tweets or discussions about burns. In her own words “$SHIB burns are a community effort, not a call to the devs saying, “Do something.”
In essence, the more Shiba Inu enthusiasts engage with Shibarium, the more they contribute to the burning of SHIB tokens. Lucie highlighted that the Shiba Inu community has the potential to facilitate significant token burns if SHIB holders join the burn movement en masse. She urged the community to rally behind this initiative in large numbers.
Furthermore, the SHIB representative pointed out that transaction fees on Shibarium are nearly negligible but may increase with higher traffic.
Also read: Shibarium: Exploring the Potential Negative Impact of Increasing Gas Fees on Shiba Inu
Safeguard Your Assets on Shibarium, Not Conventional Exchanges
The Shiba Inu team wants Shiba Inu enthusiasts to understand the benefits of storing their assets on Shibarium instead of exchanges. By doing so, users can contribute to the increased burning of SHIB tokens. Lucie, the content marketing specialist, highlighted the importance of migrating from exchanges to Shibarium for a more active and secure experience.
By actively using Shibarium, users can participate in the community’s effort to burn SHIB tokens. Additionally, Lucie emphasized the security measures in place on Shibarium, ensuring that assets stored on the platform are protected. This is in contrast to the potential risks associated with centralized crypto exchanges, as demonstrated by the case of the bankrupted FTX exchange.
As the Shiba Inu community continues to grow, Lucie extended an invitation to Opensea, urging them to explore the integration of Shibarium into their platform. By embracing Shibarium, both users and platforms can contribute to the success and growth of the Shiba Inu ecosystem.