Shibarium Basic Design Explained by SHIB Team Member: Details

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Shibarium Basic Design Explained by SHIB Team Member: Details
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Team member reveals design of Shiba Inu's scalable and decentralized solution, Shibarium

Though she promised to make a video explaining the Shibarium bridge, Lucie shared a screenshot of an explanation from SHIB developer Kaal Dhairya.: Withdrawals for BONE take up to seven days to process, while those for ETH, SHIB and LEASH take a couple of hours in the bridge. He further adds that this, as well as the NFT, is by design.

The SHIB developer pointed out that the next queue shows BONE withdrawal might not happen before Sept. 1, per the contract.BONE serves as the primary token for paying gas fees for Shibarium transactions as well as staking purposes. Per the Shibarium documentation, funds cannot be transferred directly from Layer 2 Shibarium to a Layer 1 Ethereum address. Users must first withdraw the funds from their Layer 2 Shibarium wallet before transferring them onto Layer 1 Ethereum.

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