What is Shine Chain

Article Summary, Automatically Generated By AI

Summary of Shine Chain (SC20)

Key Points

  • Shine Chain (SC20) is a Proof-of-Stake (POS) EVM blockchain built on Polygon Matic’s code base.
  • Low gas costs for transactions, with a capacity for 10,000 operations per second and 2-second block validation.
  • Native utility token used for network validation fees, staking rewards, and fees within the Shine Rocket platform.

Tools and Features

  • Digital Bank transactions (SHINE BANK)
  • Shine Swap (official Dex)
  • Launchpad for token launches with locked liquidity
  • Rocket launch (

About Shine Chain: Illuminating the Future of Blockchain

Introducing Shine Chain (SC20): A Revolutionary Blockchain Ecosystem

Introducing Shine Chain (SC20), the native cryptocurrency of our innovative Proof-of-Stake (POS) EVM blockchain, built upon the robust code base of Polygon Matic, a visionary project conceived in 2021. Following a successful year-long operation of our V1 blockchain, we are now proud to unveil the highly anticipated V2 iteration.

Boasting remarkably low gas costs for transactions, this blockchain is ideally suited for the integration of diverse dApp types, thanks to its impressive capacity to handle 10,000 simultaneous operations per second and validate blocks at 2-second intervals.

Shine Chain’s native utility token serves as the cornerstone for a multitude of purposes, including:

  • Incur network validation fees on the Shine Chain
  • Accrue rewards through staking, validator nodes, and farming mechanisms.
  • Serve as a medium of exchange for fee payments within the Shine Rocket ecosystem.

Shine Chain boasts a comprehensive suite of tools, including:

  • Digital banking transactions via SHINE BANK
  • Shine Swap, our proprietary decentralized exchange (DEX).
  • Launchpad – a platform for launching tokens on our Swap with guaranteed liquidity locking.
  • Rocket Launch – an AI-powered solution for launching your own cryptocurrency project seamlessly.
  • Ai Shine Wallet – a cutting-edge tool providing actionable insights for optimal decision-making.
  • Shine Crown – a crowdfunding platform for raising capital to launch innovative projects on the Shine Chain Blockchain.

What Is the Circulating Supply of Shine Chain Coins?

Notably, the token’s supply is capped at 21,000,000, with a staggering 79,000,000 units already burned. Currently, 3,000,000 tokens are in circulation. Furthermore, 18,000,000 tokens are vested, yielding a modest 600,000 tokens per annum.

Where can I purchase Shine Chain SC20?

Experience seamless trading on Latoken Exchange:

https://latoken.com/exchange/SC20_USDT

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