Cryptocurrencies

    ShibaSwap 2.0 launches on Shiba Inu's Layer 2 blockchain

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    Shiba Inu's (CRYPTO:SHIB) ecosystem debuts ShibaSwap 2.0, migrating its decentralized exchange to Shibarium, the layer 2 blockchain focused on scalability and affordability.

    The upgraded DEX, accessible on both Ethereum (CRYPTO:ETH) and Shibarium, introduces enhanced user processes for liquidity management, staking, and trend analysis.

    New features include discovery charts for emerging tokens and streamlined onboarding processes for new tokens into the ShibaSwap market.

    Transaction fees will now reward liquidity providers, boosting the value of their LP tokens used in swap transactions.

    Shiba Inu's Lead Developer, Shytoshi Kusama, highlights ShibaSwap 2.0 as the redesigned core of Shibarium, signaling a supportive environment for community tokens to thrive.

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