ShibaSwap is a decentralized finance (DeFi) platform featuring a decentralized exchange (DEX) and passive income-generating services like staking, liquidity pools and yield farming in its ecosystem.SHIB is a Dogecoin-inspired memecoin created in August 2020 by the pseudonymous “Ryoshi."
During its initial coin offering, the founder(s) distributed one quadrillion SHIB, with half allocated to Ethereum co-founder Vitalik Buterin. Later, Buterin donated 50 trillion SHIB to an Indian COVID-19 relief fund while sending the rest of the 450 trillion tokens to a dead wallet.
Bone (BONE) serves as a governance token within the ShibaSwap ecosystem. In other words, holding BONE enables users to propose and vote on changes to the ShibaSwap protocol through the Shiba Inu Doggy DAO.

ShibaSwap enables users to trade supported ERC-20 tokens directly with one another. The DEX’s most liquid tokens are Shiba Inu ecosystem coins, with data showing that BONE and LEASH have the highest trading volumes and order book depths.ShibaSwap grants users trading fee rewards (0.3% per trade) proportional to the liquidity they provide to its coin pairs. The rewards are handed out as Shiba Swap Liquidity Provider (SSLP) tokens are redeemable for BONE tokens whenever the liquidity provider wants.
ShibaSwap allows users to voluntarily burn their SHIB holdings, i.e., sending the tokens to a dead address. In return, the platform rewards the users with Ryoshi Token (RYOSHI), an ERC-20 token explicitly created as a burn reward.
ShibaSwap also enables the minting, customization and trading of native nonfungible tokens (NFTs) called “Shiboshis.” These 10,000 digital collectibles of the Shiba Inu mascot cartoons will likely be a part of the gaming project called the Shiboshi Game.ShibaSwap isn't just powered by a single coin. In addition to Shiba Inu (SHIB), two other tokens power the ShibaSwap ecosystem — Doge Killer (LEASH) and Bone (BONE). These three tokens work in synergy to create a liquid, secure and profitable ecosystem.
Let's take a look at SHIB, LEASH and BONE in more detail.
ShibaSwap, ShibaSwap Exchange, Swap shiba