According to CryptoPotato, Lucie, the marketing strategist for Shibarium, has released a statement to dispel myths about the tokenomics of the project. Influencers guaranteeing severe SHIB burns have created a buzz on social media in the wake of this. The Shibarium team emphasized in a tweet that the platform is completely decentralized and that no central bodies control the supply of SHIB. This implies that any burned tokens are solely the result of people deciding to utilize Shibarium. They added that Shibarium’s capacity to burn SHIB tokens with low petrol costs is a special feature of its design, making it easier for millions of people to utilize and participate in the SHIB token burn.
As a result, the community as a whole, rather than a small group of people, is responsible for the token burn. A small amount of SHIB is burned throughout each transaction on Shibarium. The number of SHIB tokens burned will be made public in upcoming releases, although the developers advise users not to hurry. They emphasized that the impact of Shibarium is part of a long-term strategy, with notable results anticipated to manifest within 8–12 months. The team emphasized the value of facts over enthusiasm in its final message, urging the community to exercise patience while learning the fundamentals of Shibarium’s tokenomics.