ShibaSwap is a decentralized exchange

Posted on March 13, 2023
LocationUnited States
ShibaSwap is a decentralized exchange

ShibaSwap is a decentralized exchange that allows users to swap cryptocurrencies on the Ethereum network, including popular tokens like Ethereum, Shiba Inu, and Dogecoin. It operates on a system of smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.

Users can connect their Ethereum wallet to the ShibaSwap platform and trade tokens directly from their wallet without the need for a centralized exchange. ShibaSwap uses an automated market maker (AMM) model, where liquidity is provided by users who deposit their tokens into liquidity pools.



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