Shiba Inu Team Makes Big Move on BONE, Here's What's Going On

After successful Shibarium relaunch, Shiba Inu development team does not appear to be resting on their laurels

developer, is that the mechanism around the BONE token was developed to safeguard investors from anyone, including admins or any human involvement when it was implemented.

BONE is additionally protected by adding a timelock contract, which is controlled by a decentralized multisig wallet. This overall adds to the complexity of minting the remaining BONE and renouncing ownership of the BONE contract. The process of using the timelock contract likewise consists of two steps: queue the transaction and execute it to mint tokens. Dhairya added that this process has already started but that it will need to be done extremely carefully and will take as much time as necessary to complete.After a successful Shibarium relaunch, the Shiba Inu development team does not appear to be resting on their laurels.

Wrapped Bone, or WBONE, a Shibarium-based token that represents Bone in a standardized form compatible with the Shibarium network's smart contracts, was introduced by the Shiba Inu team earlier this month.

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