The Shiba Inu team has introduced a $2,000 Shibarium giveaway contest, starting from July 15 to September 15. The contest aims to boost user interaction on Shibarium by encouraging participants to bridge assets, use Shibaswap, and share their experiences on X (formerly Twitter) with specific hashtags.
Contest Participation and Prizes
DaVinci, a Shibarium Discord Admin, announced the contest, which incentivizes users to bridge a specified amount of crypto to Shibarium and use Shiba Inu’s DEX, Shibaswap. Participants must then share their experiences on X using the hashtags #Shibarium and #TreatYourSelf.
The prize structure includes $1,000 for first place, $500 for second place, $250 for third place, and $50 each for five additional winners. Lucie, the marketing lead for the Shiba Inu ecosystem, provided further insights into the contest during an exclusive interview with The Shib Daily.
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She stressed the promotion’s inclusivity and urged more interaction on Shibarium and active social media promotion. The contest, organized by Shibarium Discord admins with backing from developers Shytoshi Kusama and Kaal Dhairya, aims to boost community participation and engagement.
Shibarium Sees Growth
Shibarium has experienced significant activity, with key metrics reflecting its growth. The blockchain has created 5,775,622 total blocks, with an average block time of 5.0 seconds. Total transactions on the network amount to 418,377,984, and Shibarium has 1,810,035 unique wallet addresses, showcasing its broad user base.
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The gas tracker reports transaction fees at less than $0.01, making it cost-effective for users. Daily transactions on Shibarium average 3,190, further supported by recent partnerships with K9 Finance and Unification. These collaborations aim to enhance Shibarium’s DeFi ecosystem, leveraging the Shibarium layer-2 solution and the security of the Ethereum network. Shibarium’s focus on community and innovation is evident in its latest developments.
The upcoming Shib Marketplace, powered by Shibarium, seeks to revolutionize digital commerce by providing transparent and secure transactions. This platform will eliminate intermediaries and mitigate fraud risks, leveraging Shibarium’s smart contract features.
