ShibaSwap DEX: A Decentralized Exchange for the Shiba Inu Ecosystem

The ShibaSwap DEX is a decentralized exchange built for the Shiba Inu ecosystem. It allows users to swap, stake, and supply liquidity directly between wallets through smart contracts, without handing custody of their funds to anyone else.

ShibaSwap uses an automated market maker model, similar to most decentralized exchanges, with prices set by the platform itself. The exchange runs across two networks: Ethereum and Shibarium, with the latter offering lower gas fees for smaller trades.

Liquidity providers can deposit two tokens into a pool, known as 'DIG', and earn a share of trading fees in return. However, they also take on the risk of impermanent loss, where the value of their liquidity position can be lower than simply holding the tokens.