tl;dr
The Shiba Inu ecosystem is migrating its decentralized exchange to Shibarium as ShibaSwap 2.0, usable on Ethereum and Shibarium. It will feature new user processes, discovery charts for tokens, and transaction fee rewards for liquidity providers. The network has surpassed 400 million transactions, i...
The Shiba Inu ecosystem is making a significant move by migrating its decentralized exchange to Shibarium as ShibaSwap 2.0. This upgraded version will be accessible on both Ethereum and Shibarium, offering new features and transaction fee rewards for liquidity providers.
ShibaSwap 2.0 aims to streamline user processes, introduce discovery charts for tokens, and boost the value of liquidity provider tokens. Lead Developer Shytoshi Kusama highlights the potential for community token growth on Shibarium, emphasizing its role as a platform where community tokens can flourish.
The network has achieved a milestone with over 400 million transactions on Shibarium, further reinforced by the recent introduction of Fully Homomorphic Encryption. In the market, the price of SHIB has experienced a 3% increase, while BONE, the governance token of ShibaSwap, has seen a notable 7.6% rise.
ShibaSwap 2.0 represents a significant development for the Shiba Inu ecosystem, offering enhanced functionality and broader accessibility across multiple blockchain platforms.
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