Shimmer is a feeless, parallelized DAG ledger to secure and create fully customizable smart contract chains. Launched as a staging network to battle-test all future innovations for the IOTA protocol its tokenization framework will guarantee full interoperability, composability and feeless value transfers between smart contract chains, and aims to make Shimmer a truly scalable multi-chain network. The native token of the Shimmer network is SMR.
Custom tokens are first class citizens on the Shimmer network and can be minted and transferred feelessly, even by L2 smart contracts anchored to it. Read more.
Shimmer rewrites the playbook for NFTs by removing fees for their creation and trading. All NFTs on Shimmer act as standalone wallets and can hold other NFTs and tokens and additionally can store immutable on-chain data. Read more.
The extended UTXO model enables unique output types with custom transaction logic and trustless atomic operations. Read more.
IOTA Smart Contracts
The developer tools give builders the flexibility to customize their own smart contract chains, choosing between EVM or WASM, governance functions and tokenomics. Get a head start here.
Trade without limits. Shimmer eliminates the need for costly and insecure bridges, enabling unhindered cross-chain interoperability through bridgeless asset transfers. Read more here.
Shimmer’s Directed Acyclic Graph (DAG) architecture allows parallelized writing to the ledger and enables it to secure infinitely higher amounts of L2 blockchains - ultimately breaking the dependency on second layer scalability solutions. Instead of relying on fixed block intervals with limited block sizes, parallelization paves the way for scalable, unstoppable multi-chain economies secured by Shimmer. Read more.