The Shiba Inu team has introduced the upgraded 2.0 version of their decentralized exchange, ShibaSwap. Lucie, a Shiba Inu Executive, shared insights on the enhancements in this new version, aiming to elevate network activity on the Shibarium network. The V2 of ShibaSwap, developed based on user feedback, focuses on enhancing DeFi accessibility for all users. It will enhance features from V1 like token swaps, liquidity provision, staking, and rewards tracking. Notable upgrades include concentrated liquidity, allowing providers to set price ranges for better efficiency and returns. Liquidity providers can now claim rewards without withdrawing liquidity, and a multi-hop swaps feature supports complex transactions. The V2 version also offers transparency with variable fee tiers and plans for V3 include limit orders and a user-friendly interface. These improvements aim to position ShibaSwap as a competitive DeFi tool with advanced functionality. The enhancements could potentially increase network activity on Shibarium, currently the top DEX on the layer-2 network. Read more AI-generated news on: https://app.chaingpt.org/news