ShibaSwap is a DEX for the Shiba Inu community by the Shiba Inu community.
), the world's leading DEX by volume. But unlike its rivals, ShibaSwap's core purpose has been mostly about boosting the utility of Shiba Inu tokens.ShibaSwap uses three main tokens, namel Shiba Inu , Doge Killer , and Bone . Let's discuss them in detail as follows. is a Dogecoin-inspired meme-coin created in August 2020 by the pseudonymous"Ryoshi."
During its ICO, the founder distributed one quadrillion SHIB, with half allocated to Ethereum co-founder Vitalik Buterin. Later, Buterin donated 50 trillion SHIB to an IndianSHIB/USD weekly price chart. Source: TradingView Meanwhile, the remaining 500 trillion SHIB were locked in Uniswap; the authors discarded the private keys.As the name suggests, Doge Killer came out as a part of Shiba Inu's effort to take over Dogecoin , the top meme-coin by market capitalization. In its earlier days, the token saw a failed 1:1000 peg to the price of DOGE.LEASH functions as an ERC-20 token with a fixed supply of 107,647Bone serves as a governance token within the ShibaSwap ecosystem.
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