Relaunch to additional strengthen $Sharbi and its worth proposition for traders
AUSTIN, TX – June 4, 2024 – The Sharbi workforce immediately 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.
Right now, the tight-knit Sharbi workforce 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 workforce shall be refunding Ethereum gasoline charges with additional provide at relaunch, displaying its dedication to rewarding its loyal group. The choice to relaunch and merge provide, pushed by the Sharbi’s Decentralized Autonomous Group (DAO) workforce, 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 Workforce 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 group:
- The brand new ETH contract can have decrease gasoline charges.
- Sharbi is lowering its general provide by 1 trillion cash, which is anticipated to create shortage and probably enhance worth.
- The relaunch brings ETH rewards to holders, based mostly 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 permits the Sharbi workforce 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 high 4 cash—enabling a extra focused and environment friendly method to creating worth for the Sharbi group.
- Each holder of $Sharbi by way of its unique Arbitrum and Ethereum contracts will obtain equal worth to their present holdings at relaunch, guaranteeing equity and continuity for his or her investments.
- Larger incentives for whale patrons will make Sharbi an much more enticing funding automobile for bigger traders.
$Sharbi is Know Your Buyer / Know Your Consumer (KYC) verified. Updated audits additional underscore the Sharbi workforce’s dedication to safety and transparency.
Rosemond continued, “$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 workforce is solidifying an more and more essential function throughout the world of decentralized finance (DeFi) with a trusted, versatile meme coin that delivers utility. For instance, in 2023, the workforce struck a partnership with Zypto Pay that permits holders to make use of $Sharbi to pay their payments, buy reward playing cards and extra with a digital or bodily card. In 2024, Sharbi launched Sharbi’s Dream Manufacturing facility as an accelerator program providing different initiatives within the DeFi area entry to its community of dependable builders, advertising and marketing/branding providers, contract auditing, quantity era, and way more.
$Sharbi is a totally decentralized, 100% DAO-controlled, pay-to-hold coin. Of notice, Sharbi achieved The Verification Gold Customary® of Guarantee DeFi®. So 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 ability of a decentralized WEB3 group and is 100% Decentralized Autonomous Group (DAO) managed. Sharbi is a Know Your Buyer / Know Your Consumer (KYC) Verified Undertaking and achieved The Verification Gold Customary® of Guarantee DeFi®. Increase Increase 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 group 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 undertaking liquidity. Sharbi is zero-tax (0%) on Solana and gives rewards by means of a income share mannequin from Sharbi’s Dream Manufacturing facility. Join with the Sharbi group on Twitter (@SharbiToken) and Telegram (t.me/SharbiPortal).
Media Contact:
Andrew Rosemond
832-875-1414