Shibaswap

shibaswap

What is shibaswap (Shib)?

Dig, bury and woofing. These are just some of the features available on the ShibaSwap platform. ShibaSwap is the native decentralized exchange (DEX) of the shiba inu coin project; a popular meme coin and leading competitor of dogecoin that has risen to fame over the last 18 months.

Is the shibaswap Dex coming in 2021?

The ShibaSwap platform has been a staple of SHIB since it first launched in July 2021, but as new projects have been announced, attention has slowly drifted away from the DEX. That is, until talk of ShibaSwap 2.0 or v2, started up. ShibaSwap is Shiba Inu’s decentralised exchange.

Is shibaswap safe?

ShibaSwap now has a safety score of 92/100 and has rectified 97% of the 34 concerns revealed during the platform’s rigorous assessment, according to blockchain security rating firm CertiK. ShibaSwap outperforms decentralized finance (DeFi) giants Aave and Polygon, which both received 93/100.

What is Shiba Inu (Shib)?

Shiba Inu is a popular dog-themed meme coin that was inspired by the success of Dogecoin and has earned itself the title of “ Dogecoin killer.” Shiba Inu recently [November 2021] managed to briefly surpass Dogecoin in market capitalization, partly thanks to its ShibaSwap exchange.

What is Shiba Inu shibaswap?

The ecosystem includes SHIB, LEASH and BONE tokens and ShibaSwap, a decentralized exchange. ShibaSwap is Shiba Inus very own decentralized exchange that enables users to dig, bury, fetch and swap tokens. It works seamlessly across Ethereum.

What can you do with shibaswap?

Buy, Sell and Trade 10,000 unique Shiboshis. Unique and only available on ShibaSwap. You do not want to miss this unique NFT drop! Stake your tokens to gain returns. Swap your tokens for other tokens. Check your dogalytics. Stake SSLP & Claim Returns. Farm Tokens!

Is shibaswap a decentralized finance (Defi)?

This puts ShibaSwap above the likes of decentralized finance (DeFi) heavyweights Aave and Polygon, which both scored 92/100. In addition to this, 96% of CertiK users voted they felt ShibaSwap was a secure service.

Can You stake Shiba Inu (Shib)?

Once their decentralized exchange, Shiba Swap, is ready (which is currently supposedly ongoing security tests and audits), users will be able to stake their tokens and earn rewards. For staking SHIB, users receive xSHIB, for staking LEASH – xLEASH, and for BONE – tBone.

Is shibaswap Exchange SAFE?

Shibaswap exchange is highly secured as its source code and contract address have both been audited by CERTIK, one of the leading security auditors in the cryptocurrencies industry. Shibaswap exchange has customer service channels, where users can complain of any issues they may experience.

What is shibaswap (Shib)?

Being a decentralized exchange, Shibaswap exchange lets users create pools of their choice to provide liquidity, as liquidity to the exchange is provided in pools of two different crypto.

Who can use shibaswap liquidity pools?

The liquidity pools on Shibaswap can be used by anyone anywhere because the exchange is a decentralized exchange. Hence there is no registration or verification required for traders wishing to make trades on any liquidity pools of their choice on the exchange.

How many transactions does shibaswap have?

The exchange has carried out a total of 1,559,370 transactions in less than a month’s lifespan; this number of transactions is accompanied by a whooping market Cap of over 3 billion dollars. The Shibaswap source code has been audited by CERTIK, one of the best in the industry.

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