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Wrapped Shiba Inu (Portal Bridge) News
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About Wrapped Shiba Inu (Portal Bridge)
For clear data distinction, this token, initially issued as SHIB and bridged onto multiple networks by Portal Bridge (formerly Wormhole Bridge), is listed under the alternative ticker WSHIB. This helps accurately identify and differentiate it from the mainnet asset. The separation of tokens is necessary not only due to the distinct roles played by the networks but also to clarify the responsibility for the bridged token. Since Portal Bridge manages the asset across several chains, the original project is not responsible for issues or vulnerabilities that may arise with the bridged token, such as security breaches or governance changes. This ensures precise tracking and management of assets across different liquidity pools, governance structures, and technical infrastructures in multiple chains and networks.
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