Replies to post #20949 on Shiba Inu Token (SHIBUSD)

[lilLu]

You mean burn Shib to buy Shib? That's a great idea. But it would only work if you buy on ShibaSwap 2.0. Example, when you buy on Coinbase there's the miner fee and the Coinbase fee. The layer 2 solution will reduce mining fees but if it's purchased on any centralized exchange they will still have their own 'purchase' fees.
I guess they could implement a burn mechanism with all the exchanges too but that would also include their cooperation. I think it's definitely a possibility that we will see that on ShibaSwap2 eventually that would also work to the devs advantage as making that an exclusive advantage to their own Swap. But Queenie stated in the AMA that the governance token 'Bone' will be the native gas token on Shibarium. So for the time being it doesn't look like Shib will be burned for transactions.
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