SHIB's Shibarium Network to Start Burning Tokens in 2024, Reducing Supply
• Shibarium layer-2 network will start burning SHIB tokens from January 2024 • 70% of fees collected will be used to burn tokens, 30% to maintain network • First burn happens once $25,000 in fees are collected • Burns will reduce circulating supply and make SHIB more scarce • Details on number of tokens burned will be shared in January