Is the Shiba Inu team renouncing the BONE contract? Yes, and here's what you need to know. Recent developments confirm that the Shiba Inu team has renounced the Bone ShibaSwap (BONE) contract, the gas token of Shibarium.
Shiba Inu Renounces BONE Contract: Why This Matters
The Shiba Inu team, led by developers like Kaal Dhairya, finalized the process of renouncing the BONE contract. The official X (formerly Twitter) handle of Shiba confirmed this.
Addressing Exchange Concerns
To address concerns from exchanges like Binance, the Shiba Inu team took deliberate steps to renounce the contract. This was a critical move for the upcoming Shibarium launch. Shiba Inu is gearing up for the Shibarium launch, & lead developer announced that the upcoming Layer-2 blockchain will renounce the BONE contract.
The Proposal to Cap BONE Minting
Addressing this concern, the team took significant steps to renounce the contract, which included creating a proposal to halt BONE minting at 230 million. They created a proposal to cap BONE’s minting at 230 million.
Latest Updates on the BONE Renunciation Process
The team behind Shiba Inu has shared the latest update regarding its effort to renounce the contract of Bone ShibaSwap (BONE), the official gas token of Shibarium. Per 27 de sept. de 2025 Shiba Inu’s development team has finally renounced the contract of Bone ShibaSwap (BONE), the official gas token of Shibarium. Notably, the official X handle of Shiba has announced this.
The team behind Shiba Inu has released a new update regarding the process of renouncing the Bone ShibaSwap (BONE) contract. It bears mentioning that Kaal Dhairya, a prominent developer associated with Shiba Inu, has stepped forward to offer valuable insights into the ongoing process of renouncing the Bone.
The move to renounce the contract was officially completed on 27 de sept. de 2025, resolving previous concerns and paving the way for Shibarium's successful launch.
What Does Renouncing the BONE Contract Mean for Shibarium?
The renunciation of the BONE contract is a crucial step for Shibarium, ensuring greater decentralization and security for the Layer-2 blockchain. Stay tuned for more updates as Shibarium's launch approaches.