ShibaSwap launches major upgrade to migrate to Shibarium blockchain

PANews reported on May 16 that decentralized exchange ShibaSwap has launched a major upgrade to migrate from Ethereum to the Shibarium blockchain, Cointelegraph reported. The move will provide users with “a variety of new decentralized exchanges and decentralized application (DApp) tools.” The press release details new features, including a new dashboard, improved user experience, discovery charts “for new and popular coins,” and an onboarding process for new coins on the DEX.

Shiba Inu lead developer Shytoshi Kusama commented on the upgrade, saying: “The new ShibaSwap gives DEFI innovators looking for the next big thing on Shibarium a brand new way to find, exchange, and interact with community tokens. Interactive. This new UX is still an early version of ShibaSwap, and more updates to the product are on the way. "This upgrade will utilize a "partial transaction fee component" to increase the value of liquidity pools (LPs) in Swap transactions. is to minimize gas fees and fast transactions.