Shiḃaşwap
Shibaswap™ | Official Site What Is Shibaswap? ShibaSwap was the first step to building the infrastructure that supports the overall Shiba Inu ecosystem.
Last updated
Shibaswap™ | Official Site What Is Shibaswap? ShibaSwap was the first step to building the infrastructure that supports the overall Shiba Inu ecosystem.
Last updated
ShibaSwap is our proprietary Decentralized Exchange (DEX) that allows users to safely and securely trade tokens held in their wallet by using the Swap functionTo use the Swap, simply navigate from the homepage to the Swap page.swapFrom here, select your base token (remember, this is the token you want to swap from.) Next, select to token you would like to swap to. In this example, we will be swapping from ETH to BONE.Remember, users must first click Approve before ShibaSwap is able to interact with the tokens in your wallet! Each token will require a separate approval the first time they are selected for that wallet.
1.Base token: This is where you select your base token you would like to swap from. The panel allows you to select your token, view your balance, and allocate the maximum possible to sell if desired.
2.Desired token: This is where you select the token you would like to receive. The panel allows you to select your token, view your balance, and allocate the maximum possible to buy if desired.
3.Minimum received: This is the minimum number of tokens you will receive in the event of price changes. Your transaction will revert if there is a large, unfavorable price movement before your it is confirmed. Users can specify their tolerance for price movements by changing the slippage value (see Advanced Settings below).
4.Price Impact: Any buy or sell order will affect the price the underlying tokens. This amount of change is called price impact. Generally, the larger the liquidity pool, the smaller the price impact will. Token pairs with a small liquidity pool will have a higher price impact.
5.Liquidity Provider Fee: The portion of each trade to be distributed to liquidity providers as a protocol incentive.
6.Swap button: Click this to start the transaction. Users will then be prompted to complete the transaction within their wallet.
7.Transaction settings: Contains various advanced options (see below).
