A New Token Economy
Secure the Shimmer network, get staking rewards and be a part of an ecosystem of new opportunities.
Shimmer Token Utility
Stake your Shimmer tokens to earn staking rewards for securing the network. Stake, earn, delegate and be a part of the growing Shimmer economy.
Limitless Potential Ecosystem
Builders get early access to new innovations and can venture into unknown territory to be ahead of the curve. The potential of Shimmer is up to its community to realize.
Shimmer will be governed by its community and the future DAOs that can be created to reward and extend participation.
The Possibilities of the Shimmer Token
While the full potential of Shimmer has yet to be realized by the ecosystem, some of the examples of what to expect are listed below.
The Shimmer token powers the smart contracts built on top of the Shimmer network. Using IOTA Smart Contracts, developers can build dApps by using Solidity, Rust or Go.
DeFi unchained, powered by a feeless base protocol and fully composable and interoperable smart contract dApps. With the new possibilities provided to developers, the Shimmer network will see new dApps emerge that are not possible anywhere else.
Fees are a major entry barrier and prohibit further innovations in the NFT and digital assets space. With Shimmer, you will enjoy feeless minting, trading and transfers of NFTs. Native assets are first class citizens in the protocol and are as secure and scalable as the Shimmer token.