Shiba Inu’s marketing lead, Lucie, has cleared up some confusion regarding Shibarium and the burning of SHIB commemoratives.
When you transfer your SHIB commemoratives from the Ethereum network( L1) to Shibarium( L2), the original SHIB commemoratives are locked in the ground contract.
At the same time, a new interpretation of the commemorative is created on Shibarium. So, the original commemoratives are not destroyed or taken out of rotation. They are just locked down.
Then comes the important part: when you decide to burn your SHIB commemoratives on Shibarium, you are actually burning this new interpretation, while the original commemoratives stay locked in the ground contract. In simple terms, it’s like getting rid of a dupe, not the original.
Lucie also gave some guidance to inventors and the community. However, you should first move your SHIB back to the Ethereum network and also shoot it to the” dead portmanteau, if you are part of the Shibarium design and want to burn SHIB.” The dead portmanteau is where commemoratives are transferred when they are burned for real.
Now, some folks might argue that if the commemoratives are locked in the ground indefinitely, it’s analogous to burning them because they are not in rotation. Lucie conceded this and clarified that the debate revolves around the oddities of what” burning” means.
