Shiba Inu's BONE Squashes Official 230 Million Token Cap; Here's What Happens Now

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Shiba Inu's BONE Squashes Official 230 Million Token Cap; Here's What Happens Now
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Shiba Inu: BONE minting now officially halted, the dawn of a new phase? Shibarium Blockchain $SHIB $BONE SHIBCommunity

"The maximum supply of BONE remains 250 million, and will always remain that way," it added. In June, the community decided to halt all BONE farming upon reaching 230 million minted to save and secure the remaining 20 million for Shibarium validators. Layer 2 Shibarium will require 20 million BONE to be secured for the operation of the protocol, in which rewards for validators and gas will be reserved in this way.

Boosted by positive news of exchange listings and ecosystem events, BONE was a top gainer in August, closing the month with a 183% positive gain. At the time of publication, BONE was trading down 2% at $1.84.

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