Shiba Inu, the popular meme cryptocurrency, is all set to unveil its upgraded version of ShibaSwap, and it promises to be an exciting affair. The Shiba Inu team is planning to release an innovative feature alongside ShibaSwap 2.0 – a crypto portal.
According to a tweet by famous SHIB influencer Lucie, the DEX will be used for token swaps and become a platform for news, statistics, charts, trends, and more, all of which the community would be interested in seeing.
Besides the addition of a crypto portal, the upgrade will feature new and exciting designs. ShibaSwap has made significant advancements since its debut in July 2021, allowing for token trading and staking through its native DEX, along with liquidity pools and governance. As a result, it has emerged as a direct rival to other decentralized exchanges such as Uniswap.
ShibaSwap is a peer-to-peer cryptocurrency exchange that enables users to swap tokens directly without requiring a third-party protocol to validate the transaction. Since ShibaSwap is based on the Ethereum network, users can only trade ERC-20 tokens.
The ShibaSwap DEX will receive an upgrade called ShibaSwap 2.0, which is set to include a host of new features. Developer Eric M hinted that the upgraded version wouldn’t just be a swapping platform but also a crypto portal.
The Shiba Inu community is eagerly anticipating the release of ShibaSwap 2.0, and with the new crypto portal, it is expected to offer even more opportunities for users to engage with the platform. With this upgrade, Shiba Inu is moving a step forward in enhancing the user experience and making the platform more accessible to the community.
