Shimmer is the incentivized Layer 1 innovation network, built to spark the growth of feeless and highly interoperable digital assets and token economies. Just like IOTA, Shimmer is a DAG-based parallelized settlement layer with higher L2 anchoring capacity than standard blockchains. Shimmer is a validation ground for innovations geared for the IOTA network. Its native token is SMR.

Why Shimmer?

• Assets Unlimited. Tokenization Features: Anyone, including L2 smart contracts chains, can mint and transfer custom tokens and NFTs directly on and via the base layer with zero fees and zero bridges
• Advanced Interoperability. All transfers on and via Shimmer are feeless and all chains anchored to the Shimmer network can utilize it as the ultimate safe, feeless bridge for all transactions! L2 bridges are a thing of the past. Transfer and trade without limits
• Technology Validation. Shimmer is for the impatient. All upcoming IOTA upgrades will first be available on Shimmer. The network incentivizes and accelerates the development, validation and adoption of each feature upgrade. Participation for builders and users is fueled by the SMR token.