ChewySwap, the innovative decentralized exchange on Shibarium blockchain, has launched an exciting new feature for SHIB enthusiasts: the first-ever staking platform for Shiboshis NFTs. Shiboshis, the unique NFT collectibles from the Shiba Inu ecosystem, can now be bridged from Ethereum to Shibarium using the official bridge on SHIB.io. Once on Shibarium, users can stake their Shiboshis on https://app.chewyswap.dog to earn rewards in CHEWY tokens.
Bridging Shiboshis to Shibarium for Staking
The process is straightforward: Shiboshis are bridged from Ethereum to Shibarium via SHIB.io’s official bridge. This opens up new utility for Shiboshis owners, as they can now stake their NFTs directly on ChewySwap. This staking opportunity demonstrates ChewySwap’s commitment to adding value and utility for Shiba Inu’s vibrant community of NFT holders.
Upcoming DEX Aggregator: Optimizing Trade Prices
ChewySwap is also gearing up for the launch of a state-of-the-art DEX aggregator, designed in the spirit of popular platforms like 1INCH. The aggregator will intelligently split large trades across multiple exchanges to ensure optimal prices and reduce price impact.
Users will benefit from consistently getting the best trade rates, bringing efficiency and transparency to every transaction. The aggregator is set to start beta testing within the next week, adding yet another powerful tool to ChewySwap’s platform.
DogFi Innovations Ahead
With these advancements, ChewySwap is rapidly evolving the DogFi space. The platform’s focus on enhancing the ecosystem through creative use cases, like NFT staking and trading optimization, makes it a hub for innovation within the Shiba Inu and wider crypto community.
Stay tuned for even more exciting developments as ChewySwap continues to expand and redefine possibilities on Shibarium.
Whether you’re a seasoned SHIB supporter or new to DogFi, ChewySwap’s latest offerings make it a platform to watch in the rapidly growing world of Shibarium.
