icon - Shimmer
SMR Shimmer
+ 0.7%
$ 0.0173235
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • -
    Shimmer
    $ 0.0173235
    -
    $ 26,960
    0 SMR
    + 0.7%

Shimmer. Price of cryptocurrency: $ 0.0173235

The Shimmer network is an incentivized staging network of IOTA distributed ledger technology. New DeFi applications, DEXs, NFT, DAOs and other dApps can be launched with the $SMR token. There are people in this picture What is IOTA? There are people in this picture The goal of the IOTA DLT is to be the most reliable DLT infrastructure for Web3 applications and digital economies. There are people in this picture IOTA and Shimmer will be secured by the Multiverse consensus once the network is fully decentralized. There are people in this picture For more information, visit www.iota.org. There are people in this picture There are people in this picture What is it called? There are people in this picture The leaderless Fast Probabilistic Consensus mechanism and any new feature can be tested with the help of the official validation network, Shimmer. There are people in this picture IOTA has several new updates that bring it closer to reaching its goal of being the mostScalable,Affordable, and Efficient DLT network. There are people in this picture The Shimmer network is where the updates are put to the test. There are people in this picture Users can explore, test, build on and even attack in the Shimmer development network, which mirrors the IOTA network with all of its applications and frameworks. There are people in this picture What is the shimmer token? There are people in this picture Users can put the Shimmer network to the test with opportunities through its own token economy. During a three-month period, anyone who actively staked the IOTA token will be awarded the Shimmer token. This is the first time that a DLT project has fairly distributed its token supply on IOTA. Users who staked MIOTA will be rewarded with one $SMR per 10 seconds. There are people in this picture Attackers are encouraged to put the Shimmer network to the test by using the $SMR token. There are people in this picture The Shimmer token has some utility. There are people in this picture Users receive Shimmer token when they stake on the Shimmer network, as well as receiving the IOTA reward mechanism which secures the network. Any new economy that wants to thrive needs users to participate. There is a lot of new DeFi, NFT and GameFi dAPPS for token holders to benefit from. There are people in this picture Beyond being a test laboratory for innovations before integration with the mainnet, Shimmer is designed to evolve into its own community.