Early Shibarium Victims Finally Compensated as Full Reimbursement System for Bridge Incident Losses Launches
The Shiba Inu (SHIB) development team has launched a full-scale compensation framework to restore trust in its ecosystem by compensating users who were affected by technical issues that occurred during the early operation of its Layer 2 network, Shibarium.
According to crypto-focused outlet U.Today on February 17, Shiba Inu lead developer Shytoshi Kusama officially introduced a recovery mechanism for users whose assets were locked or lost while using the bridge at the time of Shibarium’s launch. Kusama emphasized that this measure represents a critical step in fulfilling promises to the community and demonstrating the network’s stability. The compensation process will involve accurately assessing the scale of damages and safely returning assets to users with legitimate claims.
Shibarium, an Ethereum (ETH)-based Layer 2 solution, experienced network congestion at launch due to traffic far exceeding expectations. A large number of users attempting to transfer assets via the bridge saw their funds temporarily frozen, raising concerns across the ecosystem. Although the development team responded immediately by increasing server capacity by 1,500% and carrying out emergency recovery efforts, implementing a fundamental solution for unrecovered individual assets required additional time.
The newly introduced recovery system centers on a claims feature that allows users to connect their wallet addresses to verify damages and submit claims directly. To ensure transparency, all compensation processes are conducted on-chain, and the team has collaborated with external security firms to proactively review potential system vulnerabilities. Compensation funds have been secured through project reserves and support from partners, and the design ensures no direct impact on the circulating supply of existing Shiba Inu ecosystem tokens.
Following the compensation announcement, trading volumes for ecosystem tokens Bone (BONE) and Leash (LEASH) have also gained momentum. Market experts believe the development team’s responsible response will serve as a positive factor in increasing Shibarium’s long-term adoption. Turning the initial launch crisis into an opportunity to strengthen security and user-friendliness has been viewed favorably by investors.
The Shiba Inu development team plans to accelerate efforts to attract decentralized finance projects and expand the non-fungible token market within the Shibarium ecosystem once the recovery measures are complete. Kusama stated that Shibarium will move beyond being a simple meme coin platform and establish itself as a robust blockchain infrastructure providing tangible utility. The ultimate goal is to further solidify community-driven governance while continuously expanding its influence in the global digital asset market.
Disclaimer: This article is for investment reference purposes only, and we are not responsible for any investment losses resulting from decisions based on it. The content should be interpreted solely for informational purposes. <저작권자 ⓒ 코인리더스 무단전재 및 재배포 금지>
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