Deep Dive
1. Developer Hub Overhaul (28 July 2025)
Overview: The Shiba Inu team rebuilt its developer portal using Mintlify, centralizing technical guides for Shibarium, validator nodes, and cross-chain interoperability.
The update includes SDKs for DeFi apps, a Hardhat plugin, and libraries like ElderJS. A live status page tracks network health, while step-by-step guides simplify integration with ShibaSwap V1/V2.
What this means: This is bullish for BONE because streamlined tools attract more developers to build on Shibarium, increasing network activity and BONE’s utility as the gas token. (Source)
2. Governance Voting Upgrade (18 August 2025)
Overview: The Shib Doggy DAO introduced three voting methods: staking-based, ERC-20 token voting, and quadratic voting (to limit whale dominance).
Smart contracts now allow voting via SHIB, BONE, LEASH, or TREAT tokens. A fourth method (one-person-one-vote) is in development.
What this means: This is neutral for BONE as it democratizes governance but dilutes BONE’s exclusive governance role. However, broader participation could strengthen ecosystem cohesion. (Source)
3. Shiba Alpha Layer Integration (28 July 2025)
Overview: Shibarium’s modular rollup framework (“Shiba Alpha Layer”) allows developers to deploy independent RollApps (L3 chains) settled on Shibarium.
The update introduced optional FHE privacy, unified gas logic (paid in BONE/SHIB/stablecoins), and plans for native interoperability.
What this means: This is bullish for BONE because it cements its role as Shibarium’s primary gas token while expanding use cases for scalable dApps. (Source)
Conclusion
BONE’s codebase updates emphasize developer adoption, governance flexibility, and Layer-2 scalability – aligning with its transition from meme token to ecosystem backbone. With Shibarium processing ~4M daily transactions, how will these upgrades impact BONE’s demand as network activity grows?