Shibarium Announces $2 Million Insurance Fund

08/18 11:56

Kaal dhairya, a core member of the Shibarium development team for Shiba Inu's Ethereum Layer2 network, stated that the team is committed to expanding its operations and will continue to share the latest developments with the community. Finally, to ensure the community's confidence, the team announced that it will provide $2 million in insurance to prevent negative effects on the project after Shibarium operations are restored. Previously, Golden Finance reported that Shibarium is the Layer2 plan for the Shiba Inu project, and some community members claimed that over $1.7 million in ETH was trapped in the Shibarium bridge when it was launched.

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