BONE ARMY RISES

Shiba Inu

Nov 20, 2024 — 16 min read

GM, Shib Army!

Have you caught wind of the BONE revolution? Our passionate community has been quietly laying the groundwork, pushing for BONE to take its rightful spot as Shibarium makes its way up.

A new partnershib promises quicker transactions and a more solid platform, adding to the unstoppable expansion of Shibarium.

It’s an exciting time as Shib opens its doors to ERC-20 tokens and creative builders, all set to explore new opportunities. This is the time for those who dream big to come together and make their mark with Shibarium.

We’ve also prepared an article exploring centralized exchanges. Do they serve as the custodians of crypto success, or are they a compromise for decentralized projects?

The Rumble Before the Roar

Something big is brewing in the Shiba Inu ecosystem.

By Yona Gushiken

A low growl, barely audible at first, is emanating from the heart of the Shiba Inu community. It's a sound that’s grown steadily louder, a rumble of anticipation that precedes a full-throated roar.

Something is stirring within this vibrant and often unpredictable corner of the crypto world, a movement fueled by unwavering faith and a shared ambition. The whispers have begun, the signals are flashing, and the ground beneath the established order is starting to tremble.

The Shib Army, known for its fervent devotion and occasional bursts of chaotic energy, is mobilizing once again.

This time, their focus is laser-sharp, their determination unshakeable. They have set their sights on a new objective, a prize they believe will unlock the true potential of the Shiba Inu ecosystem: widespread recognition and adoption of ShibaSwap (BONE).

BONE, the governance token of ShibaSwap, Shiba Inu's decentralized exchange, has long been the quiet sibling in the Shiba Inu family.

While Dogecoin, the meme coin that started it all, enjoys widespread name recognition, and Shiba Inu, its successor, has garnered a massive and devoted following, BONE has remained relatively under the radar. But the Shib Army sees in BONE a sleeping giant, a force capable of transforming the Shiba Inu ecosystem from a meme coin phenomenon into a serious player in the decentralized finance (DeFi) arena.

For months, the community has been laying the groundwork, strategizing, and organizing. They understand that achieving their goal requires more than just fervent enthusiasm—it demands a coordinated effort, a strategic campaign.

They know that broader recognition will expose BONE to a wider audience, increase its utility, and, ultimately, elevate its value. But more than that, they believe it will validate their vision for Shiba Inu as a self-sustaining, community-driven ecosystem.

The challenges are significant. Achieving widespread recognition for a token in a crowded and volatile market is no easy feat. It requires overcoming skepticism, navigating complex regulatory landscapes, and building trust with a broader audience.

The Shib Army is prepared to face these challenges head-on.

They are not deterred. They have weathered storms before, navigated the treacherous waters of crypto volatility, and emerged stronger each time.

They see this as more than just a campaign—it's a mission, a testament to their belief in the power of community and the potential of decentralized finance. They are drawing on their collective strength, their unwavering loyalty, and their deep-seated conviction that Shibarium, powered by BONE, is destined for greatness.

The rumble is growing louder, the anticipation building. The Shib Army is preparing to unleash its full force to make its voice heard throughout the crypto world. The sleeping giant is about to awaken.

But here's the question: is the world ready?

Shib Army Awakens The Sleeping Giant

A digital army is mobilizing, their battle cry echoing across the cryptosphere: "List Bone!"

By Yona Gushiken

The Shiba Inu community, known as the Shib Army, is on a mission to propel Bone ShibaSwap (BONE), the governance token of the ShibaSwap DEX and the gas token of Shibarium, onto the main stage of centralized exchanges (CEXs). But unknown to many, more than just about a token listing, this is a declaration of intent, a demonstration of community power, and a high-stakes gamble on the future of Shiba Inu and decentralized finance (DeFi) itself.

BONE isn't just another meme coin riding on the coattails of Dogecoin and Shiba Inu. It's the very foundation of ShibaSwap, the decentralized exchange built by the Shiba Inu community, and the lifeblood of Shibarium, Shiba Inu's layer-2 scaling solution.

Holding BONE means having a voice in the Shiba Inu ecosystem and fueling transactions on Shibarium. It allows the Shib Army to vote on proposals that shape the future of the ecosystem, with voting power directly proportional to the amount of BONE held. This democratic ideal, baked into the very code of the token, is what fuels the Shib Army's fervor. Moreover, BONE's utility as the gas token for Shibarium positions it for increased demand as the layer-2 network grows.

Shiba Inu has always charted its own course. From its unorthodox initial token distribution—half locked in Uniswap, half "burned" to Vitalik Buterin—to its role in the largest crypto donation in history, Shiba Inu has defied expectations.

Now, with ShibaSwap and Shibarium, the community is building a sophisticated and innovative platform for DeFi, offering users the ability to provide liquidity ("DIG"), stake ("BURY"), and swap tokens, all while earning rewards and benefiting from faster, cheaper transactions on Shibarium.

But the Shib Army isn't just building—they're mobilizing. Within the secure confines of dedicated Telegram groups, strategies are honed, and tactical maneuvers are coordinated.

This digital war room hums with activity, a testament to the community's dedication and organization. Beyond the virtual trenches of Telegram, a formal petition on Change.org, specifically targeting Binance, the world's largest cryptocurrency exchange, is gathering steam. The petition makes a compelling case for listing BONE, emphasizing its utility within the Shiba Inu ecosystem and its potential for growth.

BONE sits at the heart of this ecosystem, a bridge between the playful spirit of the Shiba Inu community and the serious potential of DeFi. The Shib Army recognizes this potential, and they're not content to let BONE remain hidden in the shadows of decentralized exchanges. They want the world to see what they see: a token with real utility, a community with vision, and an ecosystem poised for growth.

The sleeping giant, BONE, is stirring, and the Shib Army is determined to see it rise. Their campaign for CEX listings is more than just a quest for price appreciation but a fight for recognition, a demand to be taken seriously, and a bold bet on the future of decentralized governance.

The rumble is growing louder, a harbinger of change. The world is watching. But are they prepared for what comes next?

GetBlock Supercharges Shibarium: A Partnership for Explosive Growth

Faster transactions, easier development, and a more robust platform are on the horizon for Shibarium.

By Yona Gushiken

The launch of Shibarium, the highly anticipated layer-2 scaling solution for the Shiba Inu ecosystem, generated immense excitement. Its promise: to significantly enhance network speed and efficiency, unlocking the Shiba Inu ecosystem's full potential.

This promise is now being amplified through a strategic partnership with GetBlock, a leading Blockchain-as-a-Service (BaaS) provider, designed to optimize the platform and ensure a seamless, scalable experience for developers and users.

This collaboration transcends incremental improvements—it directly tackles fundamental challenges that could impede widespread adoption. GetBlock's expertise in robust, high-performance infrastructure is poised to bolster Shibarium's capabilities significantly.

In an exclusive interview, GetBlock detailed the transformative impact of their shared RPC nodes: "Mostly, the deployment of Shibarium’s shared RPC nodes by GetBlock addresses the following issues for dApp developers building on Shibarium. Accessibility: With GetBlock RPC nodes, you don’t have to deploy and sync your own full node. Instead of spending up to one week, you can claim an API endpoint address in seconds. Speed: You can access a private shared endpoint... with 300 requests per second speed and even faster… Resource-efficiency: You can outsource all DevOps heavy lifting; we take care of your node."

This streamlined approach dramatically reduces the time and resources needed for development, significantly lowering the barrier to entry for developers of all sizes.

This simplification is particularly impactful for the development process. Previously, deploying and synchronizing a full node on Shibarium—a crucial step for developers—was a time-consuming and technically complex undertaking. GetBlock's solution streamlines this dramatically. "Developers can instantly access Shibarium's network through GetBlock's API endpoints," GetBlock explained, "eliminating lengthy setup processes. This drastically reduces time-to-market for new dApps."

Beyond ease of access, GetBlock's high-throughput infrastructure directly addresses Shibarium's initial performance challenges, such as slow transaction speeds and high latency. "GetBlock's infrastructure is designed to handle high transaction volumes," they confirmed, "providing significantly faster speeds and lower latency… creating a smoother user experience." This improved performance is critical for attracting a broader user base and establishing Shibarium as a reliable and efficient platform.

Security remains paramount. GetBlock emphasized their unwavering commitment: "At GetBlock we are committed to upholding the highest standards of security… we replaced API keys with access tokens to add an extra layer of data obfuscation." This layered approach adds significant protection against potential vulnerabilities.

This partnership extends beyond technological improvements to encompass community engagement. GetBlock envisions a symbiotic relationship with the Shib Army, fostering collaboration through educational initiatives.

Their vision: a thriving ecosystem built on mutual understanding and support. Looking ahead, they anticipate further expansion: "Regarding new services: by request, we can also offer dedicated Shibarium nodes, block explorer, raw data API, and so on." While specific KPIs remain confidential, GetBlock will track dApp interaction metrics to measure the partnership's success. This collaborative effort positions Shibarium for substantial growth and marks a significant step towards achieving its ambitious goals.

Millions for Listings: The Hidden Cost of Getting on Major CEXs

Are centralized exchanges the gatekeepers of crypto success, or a Faustian bargain for decentralized projects?

By Yona Gushiken

The cryptocurrency world thrives on the ideals of decentralization, transparency, and peer-to-peer interaction. Yet, a stark paradox lies at the heart of many crypto projects: the reliance on centralized exchanges (CEXs) for growth and adoption.

These very platforms, often antithetical to the decentralized ethos, have become almost indispensable gateways to liquidity, accessibility, and market visibility. This dependence raises fundamental questions about the delicate balance between decentralized principles and the pragmatic realities of navigating the crypto market.

The allure of CEX listings is undeniable. Platforms like Binance, Coinbase, and Kraken offer unparalleled liquidity, ensuring smooth trading and minimizing slippage for investors. Their user-friendly interfaces and fiat on-ramps provide crucial access for retail investors, many of whom take their first tentative steps into the crypto world through these centralized portals.

A listing on a reputable CEX can also bestow a sense of legitimacy, a virtual stamp of approval that can significantly boost a project's credibility and attract investors. For many, a CEX listing translates into a surge in price action and a rapid expansion of their user base, often justifying the considerable costs associated with securing a spot on these platforms.

However, this convenience comes at a price, a trade-off that challenges the very principles of decentralization. Entrusting funds to a CEX inherently contradicts the self-custody ethos that underpins the crypto movement.

The ghosts of collapsed exchanges like FTX, Mt. Gox, and QuadrigaCX serve as stark reminders of the risks associated with centralized control. The loss of billions of dollars in user assets due to fraud or mismanagement underscores the fragility of these centralized systems.

Moreover, the cost of entry to these coveted platforms can be exorbitant. Recent allegations from prominent figures in the crypto industry have shed light on the often-opaque world of CEX listing fees.

Simon Dedic, CEO of Moonrock Capital, claimed on X (formerly Twitter) that a "tier 1" crypto firm was asked to pay the equivalent of 15% of its token supply to list on Binance, a sum he estimated could reach $50–$100 million. These claims, while disputed by Binance, ignited a heated debate about the true cost of CEX listings.

The controversy escalated when Coinbase CEO Brian Armstrong declared that asset listings on Coinbase were free. This statement was met with skepticism and counterclaims from industry figures like Andre Cronje, Chief Technology Officer at Sonic Labs, who alleged that Coinbase had requested fees ranging from $30 million to a staggering $300 million from his firm.

While some argued that these fees were related to Coinbase's "Earn" marketing program rather than listing fees per se, the debate highlighted the significant financial hurdles faced by projects seeking CEX listings. Even if not explicitly labeled as "listing fees," the costs associated with marketing and promotional activities required by some exchanges can represent a substantial barrier to entry, particularly for smaller or emerging projects.

The reliance on CEXs also exposes projects to the vagaries of regulatory oversight and the potential for censorship. Delistings or restrictions imposed by exchanges due to regulatory pressure can severely impact a project's accessibility and market performance. The case of XRP, which faced delistings on several exchanges during its legal battle with the SEC, serves as a cautionary tale.

While decentralized exchanges (DEXs) offer a compelling alternative, they face their own set of challenges. Issues like impermanent loss, lower liquidity for smaller tokens, and a steeper learning curve for users limit their mainstream appeal.

Emerging technologies like layer-2 scaling solutions and decentralized liquidity protocols aim to bridge this gap, but the path to widespread DEX adoption remains a long and arduous one.

The tension between the decentralized ideals of cryptocurrency and the practical necessity of CEX listings creates a complex dilemma for projects navigating the crypto landscape. While CEXs offer crucial gateways to liquidity and market access, they also introduce significant risks and compromises.

As the crypto market matures, finding a sustainable balance between these competing forces will be essential for the long-term health and evolution of the decentralized ecosystem.

Shiba Inu's Portal Opens, Welcomes ERC-20 Tokens and Builders

The digital ground is trembling as Shiba Inu blasts open a portal to a new crypto reality, beckoning ERC-20 tokens and builders to seize their fortune before the opportunity vanishes.

By Yona Gushiken

The digital ground is trembling.

Shiba Inu, the crypto project once dismissed as a meme, is unleashing a seismic shift, a metamorphosis that threatens to leave the uninitiated stranded in the dust. The Shibarium Bridge, detonating like a digital big bang, blasts open a portal to a new crypto reality. This isn't just an upgrade; it's a declaration that Shiba Inu is not merely surviving in the sprawling world of cryptocurrency—it's poised to lead.

This vital piece of infrastructure, a complex conduit, promises seamless transfers of ERC-20 tokens from Ethereum's congested lanes to the promising expanse of Shibarium, Shiba Inu's layer-2 network. More than just simplifying token migration, the bridge connects two distinct blockchain worlds, dissolving boundaries and fostering a fluid exchange.

In a market defined by rapid innovation and volatility, it represents an anchor of stability, offering a clear, structured pathway for token creators and project teams. The rigorous vetting process, demanding precision and transparency, underscores the project's commitment to building a platform that is both reliable and innovative.

The Shibarium Bridge is not merely a transactional tool but a catalyst for growth, a beacon attracting a flood of new ideas and decentralized applications. By welcoming ERC-20 tokens, Shiba Inu ignites a digital renaissance, where innovation is the currency and possibilities are boundless.

This new phase also addresses the critical issue of scalability. Shifting tokens to Shibarium allows users to bypass Ethereum's high fees and sluggish speeds, gaining access to a faster, more efficient network that promises to make participation easier, cheaper, and more accessible, positioning Shibarium as a serious contender in the race for blockchain supremacy.

However, ambition breeds complexity.

The bridge's openness to a wide array of external tokens carries significant risks. Security vulnerabilities multiply as the network's attack surface expands.

A deluge of tokens could strain Shibarium's infrastructure, leading to congestion and undermining the very benefits it offers. Maintaining quality control and security becomes increasingly challenging, risking the inclusion of low-quality or fraudulent assets that could tarnish the platform's reputation.

Furthermore, the integration of diverse tokens raises concerns about centralization. Decision-making power regarding token acceptance and network governance could consolidate, threatening Shiba Inu's decentralized ethos.

This complexity could overwhelm users and developers, complicating the overall experience. The Shibarium Bridge faces a delicate balancing act: ensuring interoperability, maintaining security, and safeguarding integrity without compromising its ideals.

Despite these challenges, the Shibarium Bridge holds immense potential. It's an innovative leap forward, a potential game-changer for decentralized finance and blockchain interoperability.

The road ahead is fraught with complexities, and the bridge's promise hangs in the balance. Can Shiba Inu navigate these hurdles, balancing security, scalability, and decentralization?

The Shibarium Bridge, more than just a technical feat, is a litmus test for the future of Shiba Inu and the broader landscape of blockchain innovation.

Shiba Inu is howling, its call echoing through the blockchain—a primal cry that demands attention. Are you ready to cross over, or will you watch from the sidelines as fortunes are forged? The choice is yours, but choose wisely.

This is just the beginning.

Hey Shib Army!

The adoption of Shibarium is reaching remarkable levels! Explore the highlights in our weekly ecosystem updates, conveniently packaged into small bites! ‘BONE’ appétit!

By Malaya Ruiz

Elevate Your Shibarium Experience: GetBlock is Here!

With GetBlock on board as the official RPC provider of the network, the Shibarium experience is turbocharged like never before. Make some noise, Shibarium builders!

Shiba Comics: Wen Next Entry (Or Series)?

Do we love the shade or the facts? I say both! We need more of these, Ragnar. You just opened a can of worms—and we mean gummy worms. You know, the harmless, yummy, chewable kind. Keep ‘em coming!

17,800 Strong: $BAD Community Grows and Retains Trending Success

Almost 18,000 holders? Not BAD at all! Congrats to Bad Idea AI for expanding their community and for the consistent trending status on various platforms.

A Triumphant Finish: Agent Shiboshi and Shiba Eternity Players Claim $BONE Prizes

What a fantastic end to the last tournaments! Kudos to our Agent Shiboshi and Shiba Eternity champs who snagged 250 $BONE and 500 $BONE respectively—way to go!

Join the Shibarium Revolution: Connect Your ERC-20 Token Today

Calling all innovators! Connect your ERC-20 token to Shibarium by submitting your integration details and kickstart your adventure with Shiba Inu's layer-2 now.

Which #Shibarium projects would you like to see next in The Shib?
Tell us on Twitter using #TheShib hashtag or in a thread at @shibtoken.

If you have any stories, initiatives, and/or projects that you deem newsworthy for the whole community or if you have pieces of advice for us to make this magazine a worldwide reference, take advantage of this opportunity.

Send us an email explaining everything at submissions@shib.io.

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Send application and memes to submissions@shib.io

Advertise with Us

Anyone interested in expanding their reach can benefit from this exciting feature of the magazine. We offer comprehensive marketing packages! This includes the opportunity to be featured on the front page, giving your project maximum visibility. We also offer ad space for those looking to be seen by a vast and varied audience on our platform. If you are interested in finding out more about our packages, shoot us an email at ads@shib.io.

BONE ARMY RISES

Shiba Inu

The Rumble Before the Roar

Shib Army Awakens The Sleeping Giant

A digital army is mobilizing, their battle cry echoing across the cryptosphere: "List Bone!"

GetBlock Supercharges Shibarium: A Partnership for Explosive Growth

Faster transactions, easier development, and a more robust platform are on the horizon for Shibarium.

Millions for Listings: The Hidden Cost of Getting on Major CEXs

Are centralized exchanges the gatekeepers of crypto success, or a Faustian bargain for decentralized projects?

Shiba Inu's Portal Opens, Welcomes ERC-20 Tokens and Builders

The digital ground is trembling as Shiba Inu blasts open a portal to a new crypto reality, beckoning ERC-20 tokens and builders to seize their fortune before the opportunity vanishes.

Advertise with Us

Read more

ShibaCon

S.H.I.B.

Trick or TREAT

Shib Ups the Ante

The Rumble Before the Roar

1) Shib Army Awakens The Sleeping Giant

2) GetBlock Supercharges Shibarium: A Partnership for Explosive Growth

3) Millions for Listings: The Hidden Cost of Getting on Major CEXs

4) Shiba Inu's Portal Opens, Welcomes ERC-20 Tokens and Builders

Shib Army Awakens The Sleeping Giant

A digital army is mobilizing, their battle cry echoing across the cryptosphere: "List Bone!"

GetBlock Supercharges Shibarium: A Partnership for Explosive Growth

Faster transactions, easier development, and a more robust platform are on the horizon for Shibarium.

Millions for Listings: The Hidden Cost of Getting on Major CEXs

Are centralized exchanges the gatekeepers of crypto success, or a Faustian bargain for decentralized projects?

Shiba Inu's Portal Opens, Welcomes ERC-20 Tokens and Builders

The digital ground is trembling as Shiba Inu blasts open a portal to a new crypto reality, beckoning ERC-20 tokens and builders to seize their fortune before the opportunity vanishes.

Advertise with Us

Read more

ShibaCon

S.H.I.B.

Trick or TREAT

Shib Ups the Ante