[Shiba Inu (SHIB) team issues important announcement on ShibaSwap and Shibarium]
The Shiba Inu Coin (SHIB) community has announced a major expansion strategy aimed at expanding its ecosystem. Head of Marketing Lucie revealed in X that DeFi platform ShibaSwap will be expanding to Ethereum and the Shibarium chain.
As the core of the Shiba Inu Coin ecosystem, ShibaSwap provides services such as proof of equity, liquidity pools, and yield farming, enhancing the practicality and functionality of SHIB tokens. This expansion not only symbolizes ShibaSwap’s further integration into the Ethereum and Shibarium ecosystems, but also symbolizes a paradigm shift in the ecosystem.
Additionally, the BONE token plays a key role in this expansion, not only as ShibaSwap’s governance token but also as Shibarium’s designated gas fee token. This strategic expansion demonstrates Shiba Inu Coin’s commitment to innovation and brings new growth opportunities to its ecosystem.
ShibaSwap’s decision to expand to Shibarium strengthens its security infrastructure and integrates the two major Layer 1 blockchain networks of Ethereum and Shibarium. This increases defenses against potential threats, improves ecosystem interoperability and the ability for frictionless transactions, allowing ShibaSwap to access a wider range of services in the crypto ecosystem.
Expansion to Ethereum and Shibarium ensures that ShibaSwap can penetrate deep into the core infrastructure of the crypto industry, where SHIB, BONE and LEASH tokens maintain the security and interoperability of basic operations on Layer 1, and realize transaction acceleration on Layey 2. This policy expansion highlights the symbiotic relationship between different levels of the crypto ecosystem.
