Shibarium to Automatically Burn SHIB Tokens Starting 2024, Aiming to Burn Trillions Yearly
• Shibarium layer-2 network will start automatically burning SHIB tokens from January 2024, ending manual burns • Shibarium will burn SHIB after collecting $25,000 in fees from users • 70% of Shibarium fees will go towards burning SHIB, 30% maintains network • Number of SHIB to be burned remains unknown until first burns begin • Burning trillions of tokens yearly needed for SHIB to reach $0.01 milestone