$0.000227
-$0.000000(-0.08%)
Market Cap
$412.88K
24h High
$0.000227
24h Low
$0.000227
24h Turnover
$1.58
Total Supply
1.45B
Market Sentiment
Neutral
About Shimmer (SMR)
Shimmer is a multichain, scalable network to build, connect, and secure sovereign Blockchain networks, enabling the frictionless transfer of assets and data across networks. The foundation of Shimmer is the parallelized UTXO-based DAG ledger. This allows anyone to mint and transfer native assets feelessly under a storage deposit model. On top of the DAG is a flexible application layer offering full EVM-compatibility and WASM support. Additionally, Shimmer will act as a staging network for upgrades to the IOTA ledger.
The first blockchain network to launch on Shimmer will be the ShimmerEVM, which removes traditional points of friction with asset composability.
Both the underlying DAG and the ShimmerEVM run on SMR token, with was allocated entirely to the community of IOTA stakers over a 90-day period.
Risk Disclosure
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Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.
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