The incentivized staging network to advance major innovations from IOTA. Whatever happens, happens - the future of Shimmer will be up to you. Learn, build, earn and grow together.
Shimmer will be the official incentivized staging network of IOTA, with the native Shimmer token (SMR) and an independent ecosystem. All major upgrades of IOTA will first be available on the Shimmer network, offering builders and users a dedicated network to get early access to new innovations and opportunities. Be part of an ecosystem that dares to innovate further than any Blockchain can go.
DApps and DAOs
Shimmer will be a programmable ledger with powerful smart contracts. Perfect for developers seeking new opportunities in Web3, DAOs, the Metaverse and beyond.
The days of transaction fees and minting costs for NFTs will be gone. Shimmer will rewrite the playbook for NFTs and remove the crippling fees for NFT ownership and trading.
Launch your own crypto economies, stablecoins, NFTs or real-world assets. Tokenize anything on Shimmer and benefit from completely feeless transactions!
Decentralized Finance (DeFi)
Be part of an entirely new DeFi experience powered by full Ethereum Virtual Machine-compatibility with scalable, feeless and fast transactions.
Shimmer will be an integral part of the IOTA ecosystem and will help to accelerate the validation and adoption of new DLT innovations.
All upcoming upgrades of IOTA will first be available on Shimmer. The Shimmer network will incentivize and accelerate the development, validation and adoption of each feature upgrade. Participation for builders and users will be fueled by the SMR token.
Be ahead of the curve and take part in testing, validating and building on the future development roadmap. An entire ecosystem of builders, innovators and speculators will be able to push current boundaries with unique protocol and dApp innovations first possible on Shimmer.
How it works
SMR will be the native token of the Shimmer network. The token will serve as the economic backbone of the Shimmer network. Early adopters will be able to receive staking rewards and participate in the ecosystem of Shimmer.
Stake your IOTA tokens and receive SMR tokens as staking rewards. Before the network launch all Shimmer tokens will be fairly distributed to IOTA token holders.
The first Tangle network with staking rewards and inflationary tokenomics. Secure the Shimmer network by staking SMR tokens and earn staking rewards.
A brand new ecosystem which will offer brand new possibilities for SMR token utility. The potential is limitless and left up to the builders to realize.
Learn more about the Shimmer token
All Shimmer tokens will be fairly distributed to IOTA token holders. No premine, no unfair or hidden allocations. Stake your IOTA tokens to get Shimmer tokens.