Shido Network Completes V3.2 Upgrade with Enhanced Fee Structure and Burn Mechanics
Shido Network Completes V3.2 Upgrade with Enhanced Fee Structure and Burn Mechanics
馃敟 Shido Burns More
Shido Network successfully deployed its V3.2 upgrade, introducing significant improvements to fee routing and reward distribution.
Key Changes:
- Optimized fee routing to increase on-chain burns
- Enhanced reward distribution for staking and liquidity incentives
- Improved network transparency with on-chain burn tracking
For Token Holders:
- No action required - addresses and balances remain unchanged
- All burns and distributions are fully verifiable on-chain
- Parameters will be continuously monitored for optimal performance
The upgrade builds on Shido's existing burn rate of over 300,000 tokens daily, further strengthening the network's deflationary mechanics. Combined with the recent Tera chain upgrade that enhanced speed and throughput, V3.2 positions Shido for sustained ecosystem growth.
Track live burns: burns.shidoscan.net
Shido Network Upgrade V3.2 has been successfully completed today. This latest release introduces key improvements to the network鈥檚 fee structure, aimed at increasing on-chain burns and enhancing reward distribution. These changes strengthen the long-term sustainability of the
Shido continues to burn at a rapid pace, making our native asset increasingly scarce. Each block contributes to the burn, with an average rate exceeding 300,000 Shido every 24 hours. Track live burns on Shido Network: burns.shidoscan.net
Tera chain upgrade marks a major milestone for the Shido ecosystem, bringing a dramatic increase in both speed and throughput on the Shido Network. This upgrade not only elevates our infrastructure to the highest standards in the space, but also unlocks a wide range of powerful
Shido Gateway Approaches $1M Stablecoin Volume Milestone
**Shido Gateway** is approaching a significant milestone with nearly **$1 million USD** in stablecoin volume processed through its bridge infrastructure. Key metrics include: - **$132,000+** in net inflows to the Shido Network - Real-time monitoring available through Volume Dashboard - Cross-ecosystem bridging from major blockchain networks The gateway enables seamless asset transfers to the Shido Network from leading blockchain ecosystems. Users can track all bridge activity and volume data through the platform's intuitive dashboard interface. **Bridge now:** [gateway.shido.io](http://gateway.shido.io) **Monitor activity:** [gateway-dashboard.shido.io](http://gateway-dashboard.shido.io)
馃攳 Kuzino Expands
**Kuzino AI** has officially expanded its analytics platform beyond Shido to include five major cryptocurrencies. **New Coverage Includes:** - Bitcoin (BTC) - Ethereum (ETH) - BNB - Litecoin (LTC) - Solana (SOL) After completing extensive testing in the development environment, these integrations are **now live for all beta participants**. Users can access broader, real-time market insights while maintaining Kuzino's streamlined analytics experience. [Learn more at kuzino.net](http://kuzino.net)
Shido DEX Upgrades Staking Platform with Enhanced Search and Filter Tools
**Shido DEX has upgraded its staking platform** with new search and filter functionality to improve user experience. **Key Features:** - APY rewards ranging from **8-30%** - Enhanced platform navigation tools - Streamlined staking process The platform previously secured over $650,000 in total value locked (TVL), demonstrating growing user adoption. **Getting Started:** - Connect your wallet - Select tokens to stake - Lock tokens to begin earning rewards Start staking at [staking.shido.io](http://staking.shido.io)
Shido Network Reaches 22,000 Active Addresses
**Shido Network continues growing** with key adoption metrics rising across the board. - **22,000 active addresses** now using the network - **Significant increase** in transaction volume - Growth represents continued momentum from previous milestones The network previously hit 18,000 active accounts in March, showing steady user base expansion over recent months. Users can track network activity and statistics through the official explorer at [Shidoscan.net](http://Shidoscan.net). This growth comes as Shido prepares for its **Tera chain-upgrade** testnet deployment in November, which promises institutional-grade performance improvements.