Relaunch to additional strengthen $Sharbi and its worth proposition for traders
AUSTIN, TX – June 4, 2024 – The Sharbi crew at this time launched $Sharbi’s new Ethereum (ETH) contract on the ETH blockchain platform at 2pm UTC. The multichain “Queen of Memes,” $Sharbi got here to life in January 2023 and reached a $20 million all-time excessive (ATH) on Ethereum and a $20 million ATH on Arbitrum.
Immediately, the tight-knit Sharbi crew is taking a daring step by combining provide on Arbitrum and Ethereum right into a single optimized contract on Ethereum. A perk for traders, the Sharbi crew might be refunding Ethereum fuel charges with additional provide at relaunch, displaying its dedication to rewarding its loyal neighborhood. The choice to relaunch and merge provide, pushed by the Sharbi’s Decentralized Autonomous Group (DAO) crew, goals to streamline operations and improve general worth for holders.
“Today’s strategic move promises to bring significant benefits to the Sharbi community and marks a new chapter in the project’s journey,” commented Andrew Rosemond, Sharbi Core Crew Member and a DAO Administrator for Sharbi. “This evolution is aimed at making $Sharbi stronger and more resilient. We’re excited about the future and look forward to continuing this journey with our community.”
$Sharbi’s relaunch is designed to supply a number of benefits to the Sharbi neighborhood:
- The brand new ETH contract can have decrease fuel charges.
- Sharbi is decreasing its general provide by 1 trillion cash, which is predicted to create shortage and doubtlessly improve worth.
- The relaunch brings ETH rewards to holders, primarily based on $Sharbi’s profitable pay-to-hold (P2H) rewards scheme, which has already paid out over 1 million rewards.
- Combining the availability of two chains into one allows the Sharbi crew to focus its efforts on the three chains the place it has the strongest assist—Ethereum (ETH), Solana (SOL) and Shibarium, the place $Sharbi is within the chain’s prime 4 cash—enabling a extra focused and environment friendly method to creating worth for the Sharbi neighborhood.
- Each holder of $Sharbi through its authentic Arbitrum and Ethereum contracts will obtain equal worth to their present holdings at relaunch, guaranteeing equity and continuity for his or her investments.
- Better incentives for whale patrons will make Sharbi an much more enticing funding car for bigger traders.
$Sharbi is Know Your Buyer / Know Your Consumer (KYC) verified. Updated audits additional underscore the Sharbi crew’s dedication to safety and transparency.
Rosemond continued, “$Sharbi’s relaunch on Ethereum is more than a technical update; it’s a reaffirmation of the project’s vision. With reduced supply, focused strategy, and enhanced features, $Sharbi is poised for a bright future in the meme-coin landscape. Sharbi is deeply committed to its community, and we’re relentlessly pursuing continued growth.”
The forward-thinking Sharbi crew is solidifying an more and more necessary position inside the world of decentralized finance (DeFi) with a trusted, versatile meme coin that delivers utility. For instance, in 2023, the crew struck a partnership with Zypto Pay that permits holders to make use of $Sharbi to pay their payments, buy present playing cards and extra with a digital or bodily card. In 2024, Sharbi launched Sharbi’s Dream Manufacturing unit as an accelerator program providing different initiatives within the DeFi area entry to its community of dependable builders, advertising and marketing/branding companies, contract auditing, quantity era, and rather more.
$Sharbi is a completely decentralized, 100% DAO-controlled, pay-to-hold coin. Of notice, Sharbi achieved The Verification Gold Commonplace® of Guarantee DeFi®. Thus far, Sharbi has distributed over $1 million {dollars} to holders as passive earnings.
To be taught extra about Sharbi, go to https://www.sharbi.internet/.
About Sharbi
$Sharbi is a community-owned, multichain cryptocurrency constructed on Ethereum, Shibarium and Solana. Sharbi harnesses the facility of a decentralized WEB3 neighborhood and is 100% Decentralized Autonomous Group (DAO) managed. Sharbi is a Know Your Buyer / Know Your Consumer (KYC) Verified Challenge and achieved The Verification Gold Commonplace® of Guarantee DeFi®. Growth Growth Capital, Sharbi’s DAO funding fund, participates in unique seed spherical/pre-sale crypto alternatives, and all revenues generated are distributed quarterly. A MEME 2.0 neighborhood token, Sharbi gives ongoing BONE and ETH rewards to holders. A 4 p.c (4%) price on Sharbi transactions throughout the ETH chains (ETH rewards), and the Shibarium chain (BONE rewards), is redistributed to holders of the respective chains, and a one p.c (1%) price on the aforementioned chains goes towards challenge liquidity. Sharbi is zero-tax (0%) on Solana and gives rewards by a income share mannequin from Sharbi’s Dream Manufacturing unit. Join with the Sharbi neighborhood on Twitter (@SharbiToken) and Telegram (t.me/SharbiPortal).
Media Contact:
Andrew Rosemond
832-875-1414
lnrcryptoatx@gmail.com
