The team behind ShibaSwap, the decentralized exchange for Shiba Inu tokens, Announcing that ShibaSwap 2.0 will launch sooner than people think.
The confirmation came via an X post, in which the team shared a short video hinting at an imminent launch.
Here it is, sooner than you think…📍
2️⃣.0️⃣ pic.twitter.com/Gm891AIR9B
— ShibaSwapDEX (@ShibaSwapDEX) October 23, 2024
The ShibaSwap team has added “sooner than you expect” information to build user anticipation.
As expected, the latest announcement caused a lot of excitement among the Shiba Inu community. Holders of Shiba Inu tokens are very enthusiastic about the upcoming launch of ShibaSwap 2.0.
The news sparked heated debate among supporters Look forward to the new features and improvements that ShibaSwap 2.0 will bring. Some Users also believe ShibaSwap 2.0 will bring a great experience.
Other community members wanted more details and were curious about the exact date ShibaSwap 2.0 would be released. However, the team did not give a specific release date. They just say it will happen sooner than people think.
This air of mystery has the community buzzing with excitement, with fans remaining hopeful and ready for the news.
Background on ShibaSwap and its migration to Shibarium
ShibaSwap was first launched in July 2021, Allow users to easily trade digital assets. Users can stake their tokens and exchange them for other tokens.
Initially, ShibaSwap was built on the Ethereum blockchain. Later, it migrated to Shiba Inu’s layer 2 scaling solution called Shibarium, which improved its performance and made it faster.
this migrate The incident to Shibarium took place on May 15, 2024. After this move, ShibaSwap gets the best qualities of the Ethereum and Shibarium blockchains.
The Ethereum network adds extra security and strength to ShibaSwap, making users’ transactions more secure. Shibarium, on the other hand, helps ShibaSwap save money and work faster.
This migration also brings new functionality to the decentralized exchange. An important new feature is the ability to create new liquidity pools on Shibarium.
This allows users to easily add and trade more assets. Overall, the migration makes ShibaSwap better for everyone.
ShibaSwap 2.0 is about to receive exciting upgrades
The upgraded version of ShibaSwap is expected to bring many improvements. One of these improvements is better security. It will also introduce a new, sleek user interface to make the platform easier to use and more attractive.
Shiba Inu marketing director Lucy shared some exciting details. She said ShibaSwap 2.0 will include a special cryptographic portal. The portal will provide cryptocurrency news, trends, statistics and charts. These additions will help users stay informed and make better trading decisions.
Currently, ShibaSwap is the 78th largest decentralized exchange on CoinMaretCap. It has a daily trading volume of $356,436 and offers 24 markets, including SHIB/WETH, TREAT/SHIB and BONE/WETH.
according to DefilamaShibaSwap is the most extensive DeFi protocol on Shibarium. This means it plays an important role in the network’s decentralized finance. ShibaSwap holds $2.33 million of Shibarium’s $3.49 million locked valuemaking it a key player in the Shibarium ecosystem.
