Index
Indicators
Information about Bone ShibaSwap (BONE)
ShibaSwap is a decentralized exchange (DEX) built on the automated market maker (AMM) mechanism, similar to Uniswap and Sushiswap. It also integrates features such as liquidity providing, staking, and yield farming to allow users to earn profits within the ecosystem built by the SHIBA INU team.
On AMM DEXes like ShibaSwap, users swap assets back and forth within a liquidity pool according to a predetermined formula in the smart contract instead of using the order book mechanism of traditional exchanges. The ShibaSwap team claimed they are building a metaverse platform — combining three tokens, SHIB, LEASH and BONE — towards developing what the project calls "the best Decentralized Ecosystem (DECO) on the planet."
BONE is a native coin of the ShibaSwap ecosystem, operating on Ethereum according to ERC20 standard, and can be used to:
Specifications
People also own