Best way to Explain What is ShibaSwap

ShibaSwap was the first step to building the infrastructure that supports the overall Shiba Inu ecosystem. The Shiba Inu tokens are the seeds from which the ecosystem sprouted, and ShibaSwap is how they have dug in their roots.

The goal of ShibaSwap is to provide a safe place for the community to trade tokens on a decentralized exchange, while implementing special incentives and rewards to those who contribute to the ecosystem, such as liquidity providers with the unique tokenomics, user-friendly design, strong technical foundation, and ever-growing community all contribute to the success of the platform, which ultimately forms the central pillar of the entire ecosystem world wild.

Using the ShibaSwap Fonction

ShibaSwap is our proprietary Decentralized Exchange (DEX) that allows users to safely and securely trade tokens held in their wallet by using the Swap function.

From Shiba Inu swap home page, select your base token (remember, this is the token you want to swap from.) Next, select to token you would like to swap.

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.