ShibaSwap, is the Decentralized Exchange (DEX) of the Shiba Inu platform. Recently, ShibaSwap has moved to the Shibarium blockchain, and this move was successful; bringing about the launch of several features, and advancement in SHIB burns.
This initiative to move ShibaSwap to Shibarium blockchain, is a remarkable progress to the Shiba Inu ecosystem. This transition has changed ShibaSwap from a common exchange ecosystem, to a multi chained Decentralized exchange.
ShibaSwap functions on the Ethereum network, and on the Shibarium network. Due to this transition to Shibarium, many new functionalities are being added to ShibaSwap. Amongst these new features, one that stands out significantly, is the feature that enables customers to create on the Shibarium network, a liquidity pool.
Customers are now able to easily make their token exchanges between the Shibarium network and the Ethereum network. Due to this, customers benefit from the merits of these two networks. Customers can create liquidity pools, and integrate their favorite tokens into ShibaSwap.