- Shibarium introduces new feature to empower community and support network validators.
- User-friendly process allows direct contributions to Shibarium’s non-profit validators.
- Shiba Inu’s blockchain evolves with ‘Donate’ feature, enhancing community engagement.
Shiba Inu’s blockchain, Shibarium, is gearing up to fortify its ecosystem with a groundbreaking feature aimed at fostering community support and empowering network validators. The recently unveiled ‘Donate’ feature signals a significant stride towards inclusivity and resilience within the Shibarium community.
Read CRYPTONEWSLAND onRagnar Shib, a prominent figure in the Shiba Inu community, shared the news on X, emphasizing the importance of the updates on Shibarium’s official website. The ‘Donate’ feature enables community members to directly contribute to non-profit validators, essential for maintaining the efficiency and security of the Shibarium network.
The process of making donations has been designed to be user-friendly and straightforward. Users can visit the information page of their chosen validator from a comprehensive list, click the “Donate” button, and specify the token and amount they wish to contribute.
This strategic move by Shibarium acknowledges the critical role validators play in the blockchain’s operation. Validators are responsible for verifying transactions and upholding the integrity of the ledger, earning rewards proportional to their stake, which is distributed among all participants.
Currently, Shibarium boasts 12 validators, with the top five based on staked amounts being ShibArmy America, Unification, ShibArmy Europe, Ryoshi Labs, and ShibArmy Asia. Each validator is required to stake a minimum of 10,000 units of BONE, with a total of 21,488,549 BONE, equivalent to $13.6 million, currently staked on the network.
The ‘Donate’ feature aligns with Shibarium’s commitment to creating a supportive and sustainable environment for both validators and users. The initiative is expected to positively impact the network’s overall integrity and functionality.
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