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ShibaSwap

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Ethereum
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News

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Leo van der Veen

What is ShibaSwap?

The ShibaSwap decentralized exchange was recently launched by the creators of Shiba Inu. The crypto exchange blocked nearly $ 1.55 billion in less than 48 hours. According to Bitcoin News, ShibaSwap has more liquidity than other trading platforms such as PancakeSwap, UniSwap and SushiSwap.

Contents:

  1. About the ShibaSwap project
  2. Additional data

ShibaSwap - exchanger on the blockchain for convenient work

About the ShibaSwap project

SHIB, LEASH and BONE have teamed up to create ShibaSwap, the next evolution of DeFi platforms. ShibaSwap empowers users with DIG (liquidity), BURY (share) and SWAP users to generate WOOF profits through our sophisticated and innovative passive income reward system.

The platform also allows ShibArmy to access upcoming NFTs and additional tools like portfolio trackers to make navigating the cryptocurrency world simple and intuitive.ShibaSwap

Shiba Inu indicates the pinnacle of the ascent above other altcoins. Shiba Coin has gained a lot of popularity in recent weeks. Now, after the launch of ShibaSwap dex, it is gaining more and more trust and popularity.

Other features:

1. The dex platform allows users to retrieve, exchange and store tokens. Investors can exchange Shiba coins for other cryptocurrencies.
2. Since launch, ShibaSwap has generated nearly $ 1 billion in less than 24 hours. Recently, the value of TVL exceeded $ 1.55 billion. This shows how the coin is gaining popularity.
3. Shiba Inu Coin has a current value - $ 0.000007655 and a market cap - $ 3.1 billion. Moreover, the Shiba token has grown by 18% in the last two weeks, and it has grown by almost 6.2% in the last 30 days.

Investors who stake coins can get rewards in the form of Leash tokens. The current supply of Leash tokens is around 100,000 tokens. As part of the liquidity pool, you will receive 0.5% Bone Per for block. In addition, ShibaSwap affects the Ethereum network fees directly. Recently, the commission was $ 3 per transaction, but with the launch of Shiba Swap, it rises to $ 6.2 per transaction. SHIB, LEASH and BONE are best bought and sold through ShibaSwap, but they can also be found on Uniswap and the ever-growing CEX list.

Additional data

There is no WhitePaper and RoadMap document on the site. Instead, there is introductory information and token data. 

From social networks, the community leads:

Join and chat with other users. The smart contract has not been audited.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.