Relaunch to additional strengthen $Sharbi and its worth proposition for buyers
AUSTIN, TX – June 4, 2024 – The Sharbi staff in the present day 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 staff is taking a daring step by combining provide on Arbitrum and Ethereum right into a single optimized contract on Ethereum. A perk for buyers, the Sharbi staff will likely be refunding Ethereum gasoline 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) staff, goals to streamline operations and improve total 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 could have decrease gasoline charges.
- Sharbi is decreasing its total provide by 1 trillion cash, which is predicted 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 staff 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 strategy 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, making certain equity and continuity for his or her investments.
- Larger incentives for whale patrons will make Sharbi an much more enticing funding automobile for bigger buyers.
$Sharbi is Know Your Buyer / Know Your Shopper (KYC) verified. Updated audits additional underscore the Sharbi staff’s dedication to safety and transparency.
Rosemond continued, “$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 staff 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 staff 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 unit as an accelerator program providing different initiatives within the DeFi house entry to its community of dependable builders, advertising and marketing/branding companies, contract auditing, quantity technology, and rather more.
$Sharbi is a completely decentralized, 100% DAO-controlled, pay-to-hold coin. Of observe, Sharbi achieved The Verification Gold Normal® of Guarantee DeFi®. Thus far, Sharbi has distributed over $1 million {dollars} to holders as passive earnings.
To study extra about Sharbi, go to https://www.sharbi.web/.
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 Shopper (KYC) Verified Challenge and achieved The Verification Gold Normal® 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 neighborhood token, Sharbi supplies 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 mission liquidity. Sharbi is zero-tax (0%) on Solana and presents rewards via 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
