Shytoshi Kusama, the head of the Shiba Inu project, gave a hint of the impending launch of ShibaSwap 2.0 in a recent Telegram message
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Shytoshi Kusama, the lead of the Shiba Inu project, has recently teased the upcoming release of ShibaSwap 2.0 in a Telegram message, saying “ignore anything that says otherwise.”
The news has sparked immense enthusiasm among Shiba Inu token (SHIB) holders as they look forward to the fresh features and improvements that the new platform will bring.
ShibaSwap is a decentralized exchange (DEX) that facilitates the trading of several cryptocurrencies, mainly those affiliated with the Shiba Inu network – SHIB, LEASH, and BONE.
It was launched in July 2021 and has since gained immense popularity in the DeFi space. With its easy-to-navigate interface and unique features such as liquidity provision and staking, ShibaSwap rapidly gained a dedicated user base.
Though the specifics of ShibaSwap 2.0 have not been revealed yet, the community anticipates that the upgrade will encompass a wide range of improvements and novelties.
These could include heightened security measures, faster transaction speeds, and increased token support.
Apart from the ShibaSwap 2.0 announcement, the Shiba Inu project has seen plenty of important updates over the last months. This includes the beta version of the Shibarium layer-2 solution for speedy and cost-effective transactions, as well as more adoption milestones. The upcoming ShibaSwap 2.0 upgrade is likely to further strengthen the presence of Shiba Inu in the ever-growing DeFi sector.