The Shiba Inu network operates on the Ethereum blockchain and is a derivative of the Ethereum network. As a result, all transactions on the Shiba Inu network are saved, verified, and performed on the Ethereum blockchain, enabling it to benefit from Ethereum’s smart contract capabilities. Shiba Inu tokens can be utilized in various DeFi applications like yield farming It also supports non-fungible tokens (NFTs), enabling secure and efficient transfer of various assets.
