Shiba Inu (SHIB) Team Gives Crucial Statement on ShibaSwap and Shibarium

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Shiba Inu (SHIB) Team Gives Crucial Statement on ShibaSwap and Shibarium
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Shiba Inu's marketing lead Lucie sheds light on imminent expansion of ShibaSwap and Shibarium

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Layer-1 networks are bustling marketplaces facilitating seamless interactions between tokens, dApps and exchanges. By expanding to Ethereum and Shibarium, ShibaSwap augments its interoperability, enabling frictionless transactions and access to a broader spectrum of services within the crypto ecosystem.

Moreover, layer-1 networks are the epicenter for token creation and management, housing the smart contracts essential for token functionality. While layer-2 solutions offer expedited transactions, the foundational processes of token creation and management predominantly occur on layer 1. The expansion to Ethereum and Shibarium ensures that ShibaSwap remains entrenched in the core infrastructure of the crypto landscape. While , BONE and LEASH tokens traverse layer 2 for expedited transactions, their reliance on layer-1 blockchains for security, interoperability and fundamental token operations underscores the symbiotic relationship between different layers of the crypto ecosystem.

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