Shiba Inu’s own Shibarium L2 blockchain nears its first anniversary.

Shibarium team launches a community giveaway with a simple entry.

The $2,000 contest winners will be selected on September 15, 2024. Shiba Inu’s (SHIB) Layer-2 blockchain, Shibarium, will mark its first anniversary next month. After the inception of Shibarium L2 in August 2023, the SHIB Army registered over 1.8 million crypto wallets and sent nearly 418M transactions on the chain. Sponsored As Shibarium L2 is now closely nearing its 6 millionth block, the developer team of Shibarium has launched a month-long sweepstakes across Shiba Inu’s socials with a two-step entry.Shibarium Bridge’s $2K Prize Pool ExplainedShibarium Tech’s Discord admin, DaVinci, announced the contest on Sunday. The admin encouraged his audience to share their experience on X with specific hashtags appropriate for the Shibarium bridge contest to win a share of the $2,000.“All you need to do is bridge assets on Shibarium (connect to collandland) and then share a tweet. Ask any mod to post your tweet here,” explained DaVinci, signing the sweepstakes description with the hashtags #TreatYourSelf and #ShibArmy.The first-place winner will receive $1,000, the runner-up will receive $500, the bronze medal winner will receive $250, and five other lucky participants will receive $50 each.SHIB’s Marketing Lead Gives Winning TipsIn an interview with SHIB Magazine, SHIB Token’s Marketing Lead, Lucie, shared some tips and tricks on substantially increasing the odds of winning the ongoing giveaway.Lucie enlightened Shibarians about eligibility and the duration of the event: “Any transaction on Shibarium would qualify for the contest. We are giving ample time for all to participate.” She recommends “increased interactions on Shibarium and active promotion on social media for the project” to maximize the chances of winning.To join the fun, users are asked to bridge a certain amount of digital assets onto Shibarium. This can be done via MetaMask or any other Web3-compatible wallet interface like Rainbow, Trust Wallet, or Coinbase Wallet. Once this is done, scan the popped-up QR code with the corresponding decentralized application (dApp). Sponsored SHIB enthusiasts can bridge the trio of Shibarium Ecosystem tokens, including Bone ShibaSwap (BONE), SHIB, and Doge Killer (LEASH) and the Liquid Staking partner’s K9 Finance DAO (KNINE). Once the deposit is submitted, the selected funds will take up to 30 minutes to arrive from Ethereum to Shibarium L2.Finally, entries will be obliged to use ShibaSwap’s decentralized exchange (DEX) to take a screenshot of the bridged assets and then post about the bridging experience on X.On the Flipside One of the hashtags involved in this Shibarium bridge sweepstakes is #TreatYourSelf, which sparked community speculation about the imminent release of Shiba Inu’s TREAT token.

While highly anticipated, the TREAT token is not yet launched and there’s no exact release date, while hackers made numerous attempts to imitate the unreleased crypto to mislead the public. Why This MattersBridging tokens between the parent chain Ethereum and Shiba Inu’s Shibarium can significantly drive up demand and introduce new utility cases for the Layer-2 blockchain.Read DailyCoin’s hottest crypto stories:BlackRock CEO Reverses on Bitcoin: ‘I Look at It as Digital Gold’Solana’s POPCAT Sees 180% Gains, Soars Past $700M Market Cap