Relaunch to additional strengthen $Sharbi and its worth proposition for buyers
AUSTIN, TX – June 4, 2024 – The Sharbi workforce right now 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 buyers, the Sharbi workforce will likely be refunding Ethereum fuel charges with additional provide at relaunch, exhibiting 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 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 Staff 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 fuel charges.
- Sharbi is decreasing its total provide by 1 trillion cash, which is predicted to create shortage and doubtlessly improve 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 provision 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, making certain equity and continuity for his or her investments.
- Better incentives for whale consumers will make Sharbi an much more enticing funding automobile for bigger buyers.
$Sharbi is Know Your Buyer / Know Your Shopper (KYC) verified. Updated audits additional underscore the Sharbi workforce’s dedication to safety and transparency.
Rosemond continued, “$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 inside 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 enables 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 tasks within the DeFi area entry to its community of dependable builders, advertising and marketing/branding providers, contract auditing, quantity technology, and rather more.
$Sharbi is a totally decentralized, one hundred pc DAO-controlled, pay-to-hold coin. Of observe, Sharbi achieved The Verification Gold Commonplace® 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 ability of a decentralized WEB3 group and is one hundred pc Decentralized Autonomous Group (DAO) managed. Sharbi is a Know Your Buyer / Know Your Shopper (KYC) Verified Venture 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 group token, Sharbi gives ongoing BONE and ETH rewards to holders. A 4 % (4%) charge 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 % (1%) charge on the aforementioned chains goes towards mission liquidity. Sharbi is zero-tax (0%) on Solana and affords rewards by a income share mannequin from Sharbi’s Dream Manufacturing unit. Join with the Sharbi group on Twitter (@SharbiToken) and Telegram (t.me/SharbiPortal).
Media Contact:
Andrew Rosemond
832-875-1414
