ShibaSwap Comes Home: Decentralized Exchange ShibaSwap Ports to Shibarium, Unleashing the Power of Community

SHIB,
a
world-leading
ecosystem
of
decentralized
finance
(DeFi)
cryptocurrencies
that
has
gained
popularity
among
millions
of
holders
worldwide,
today
announced
that
it
has
ported
its
decentralized
exchange
ShibaSwap
to
the
Shibarium
blockchain.
The
DEX
will
now
be
usable
on
both
Ethereum
and
Shibarium.
The
move
is
the
defining
upgrade
for
ShibaSwap,
empowering
creators,
fostering
connections,
and
driving
innovation
on
Shibarium.

ShibaSwap,
powered
by
Shibarium,
will
offer
a
variety
of
new
decentralized
exchange
and
decentralized
app
(Dapp)
utilities,
including:

• 
  A
  brand
  new
  and
  enhanced
  dashboard
  and
  improved
  user
  processes
  (add/withdraw
  liquidity,
  staking,
  trend
  analysis,
  and
  more)

• 
  Discovery
  charts
  for
  new
  and
  trending
  tokens
  to
  help
  traders
  navigate
  the
  market’s
  volatility
  and
  craziness

• 
  The
  onboarding
  of
  new
  tokens
  onto
  ShibaSwap

The
community
is
encouraged
to
leverage
ShibaSwap
on
Shibarium.
Part
of
the
transaction
fees
portion
will
be
utilized
to
enhance
the
value
of
the
LPs
used
in
the
swap
transaction.
This
results
in
an
increase
in
the
value
of
the
LP
tokens
for
users,
ultimately
benefiting
the
community
of
yield
farmers
as
a
whole.

“The
new
ShibaSwap
empowers
DEFI
innovators
looking
for
the
next
hit
on
Shibarium
to
find,
swap,
and
interact
with
community
tokens
in
an
entirely
new
way!
It
is
the
 redesigned
beating
heart
of
a
freshly
forked
Shibarium,
where
community
tokens
can
flourish.
We
invite
the
community
to
try
our
new
swap
and
invite
current
Shibarium
tokens
to
port
over
to
our
swap
with
ease.
Finally,
rest
assured,
this
new
UX
is
still
an
early
Shibaswap
version,
with
more
updates
in
the
pipeline
for
the
product,”
said
Shiba
Inu
Lead
Developer
known
as
Shytoshi
Kusama.

Focusing
on
facilitating
high-speed
transactions
with
minimal
gas
fees
and
transforming
the
user
experience
in
the
blockchain
space,
Shibarium
is
built
on
the
community-first
and
environment-friendly
consensus
mechanism.
Anyone
can
build
cost-effective
protocols
on
Shibarium,
expanding
the
reach
and
potential
of
the
ecosystem
while
enriching
the
overall
user
experience.
Shibarium
also
supports
the
other
growing
segments
of
the
Shiba
Inu
Ecosystem,
including
the
$SHIB
and
$LEASH
tokens,
SHEboshis
DN-404
tokens,
SHIB
The
Metaverse,
the
ShibaSwap
DEX,
and
the
Shiba
Eternity
game.

About
SHIB

SHIB
is
a
world-leading
ecosystem
of
decentralized
finance
(DeFi)
cryptocurrencies
that
has
gained
popularity
among
millions
of
holders
worldwide.
It
has
3.9
million
X
(formerly
Twitter)
followers
and
is
frequently
ranked
as
the
second-most
searched
crypto
project
by
Google.
Its
ecosystem
of
tokens
include
$SHIB,
$LEASH,
and
$BONE,
plus
native
SHIBOSHIs
and
SHEboshi
NFTs.
SHIB.io
utilizes
the
Shib
Ecosystem
to
power
quality
technologies
including
SHIB:The
Metaverse
and
Shibarium,
the
Layer
2
blockchain
providing
a
solid
foundation,
scalability,
security,
and
innovation
for
a
decentralized
world.

To
learn
more
about
SHIB,
please
visit
the
official
website: https://www.shib.io.