ShibaSwap Decentralized Exchange Review

ShibaSwap Decentralized Exchange Review

ShibaSwap is a DEX that was renamed from ShibArmy earlier. The DEX supports exchanging without completing registration directly from our wallet. The developers assembled a team to start this project.

ShibaSwap overview

Let’s talk about the possible features, possibilities, and risks of using this platform. 

  • The platform allows us to provide our liquidity within the liquidity pools functionality to earn BONE tokens. 
  • We can get them only on ShibaSwap. 
  • So, they drop unique Shibas periodically on the platform. 
  • We can stake our tokens to get more of the same tokens as rewards. 
  • There are different rates available. So, we can choose the best liquidity or staking opportunity. 
  • We can swap tokens to other tokens.
  • It’s possible to participate in the Doggy DAO to be involved in decision making. 
  • We can vote for our favorite pit to receive BONE tokens. 
  • We can vote with tBONE tokens. 
  • It’s possible to stake SSLP and claim returns. 
  • If we are going to claim liquidity pool rewards, we will receive a part of profits according to our part of liquidity. 
  • The developers created 10,000 exclusive Shiba Inu NFT tokens. 
  • It was designed based on the Ethereum blockchain. 
  • The Shiboshi Game will allow Shiboshi holders the ability to use their NFTs in strategic gameplay.
  • Joining the club allows us to get access to all perks within the world. 
  • We can communicate directly with Devs, Alphas and team members.
  • It’s possible to know about updates before they are released. 
  • There were 10,000 shiboshis minted. 

How does ShibaSwap work?

The platform allows us to exchange tokens, deposit coins to dual-coin pools, and stake them to get even more as rewards.

What can you buy on ShibaSwap?

We can purchase native tokens BONE, SHIB, and LEASH to stake them. 

Is ShibaSwap safe?

Yes. The system and its products look safe because it works based on the whitepaper document.

ShibaSwap fees, compatible wallets, and transactions  

  • The platform charges 0.3% commissions for swapping. 
  • We can work with any Ethereum supported wallet. 
  • It’s possible to connect them via MetaMask. 

What are the ways to trade on ShibaSwap?

We can swap tokens to get the tokens that we need. 

Customer support

The developers provide standardized support. We can expect to get our questions answered within several hours. 

Should you buy a ShibaSwap token?

ShibaSwap Summary

ShibaSwap Summary
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ShibaSwap is a project that provides us with a list of features like purchasing BONE tokens, swapping, staking, and depositing our crypto assets. The platform includes an NFT project with 10,000 unique tokens behind it and a game for those tokens. So, the company looks stable and promising. We’d like to take a look at the perspective of BONE, SHIB, and LEASH tokens.
ShibaSwap is a project that provides us with a list of features like purchasing BONE tokens, swapping, staking, and depositing our crypto assets. The platform includes an NFT project with 10,000 unique tokens behind it and a game for those tokens. So, the company looks stable and promising. We’d like to take a look at the perspective of BONE, SHIB, and LEASH tokens.

Pros

  • We have a game and NFT project behind this service

Cons

  • No team revealed
  • No risk information provided
  • Lack details about depositing liquidity and staking
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