The Expected Statement from Shiba Inu to the Community: “We Are Taking Action”!

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Shiba Inu Lucie, content expert at , confirmed that ShibaSwap’s migration to Shibarium does not mean abandoning the Ethereum blockchain. Instead, the Shiba Inu decentralized trading platform is going multi-chain to conquer the Shibarium space as well as Ethereum.

A recent post on Shiba Inu authority X in post “ShibaSwap goes multi-chain, running on both Shibarium and Ethereum,” he declared.

ShibaSwap previously operated only as a decentralized exchange on the Ethereum blockchain. The DEX made its debut in July 2021, at the height of the last bull season, and has become a crucial platform for SHIB trading. Now, ShibaSwap is transitioning to a multi-chain platform. This development comes eight months after Shibarium’s launch.

The Shiba Inu team first announced ShibaSwap’s transition to Shibarium on April 27. Its move to Shibarium brings with it a number of new offerings designed specifically for SHIB enthusiasts. Primarily aimed at dApp activities, these features include strengthened liquidity pools and improved DeFi functionality.

In addition, ShibaSwap increases participation within the ecosystem by including community-specific events such as token voting contests.

Meanwhile, in the latest update on ShibaSwap’s transition to a multi-chain platform, the Shiba Inu representative emphasized that everything is still in development and the final iteration of this evolution will be revealed in due time.

Lucie reminded the community to keep in mind that development is an ongoing process. While the launch of Shibarium marks an important milestone, he emphasized that it is only the first step in a journey of continuous improvement and progress.

Future developments specific to ShibaSwap include the release of version 2.0, although ecosystem leader Shytoshi Kusama recently suggested that version 1.75 may appear before 2.0.


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